Getting your player ready...
BOULDER, Colo.—The Boulder City Council is considering closing a loophole on taxes for the purchase of business software.
According to the Boulder Daily Camera ( ), the loophole being taken up by the council on Tuesday is costing the city nearly $3 million per year.
In 1981, the city council decided to make computer software subject to the city’s sales and use tax, but businesses won a court ruling in August that the city’s tax does not extend to software that is downloaded off the Internet or online databases.
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Information from: Daily Camera,
