Cloud tax – upsets Chicago tech community: Life just got 9 percent


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‘Cloud tax’ upsets Chicago tech community: ‘Life just got 9 percent harder’

Chicago’s new 9 percent tax on streaming and cloud services appears to have the local technology community agitated and, more than anything, confused.

Reports on Wednesday of the “cloud tax” took many Chicagoans by surprise, leaving providers and consumers of streaming and cloud services scrambling to understand the implications. Technology companies, among the heaviest users of cloud services, are likely to be taxed for the services they use as well as those they provide.

The cloud tax extends ordinances governing two types of taxes — the city amusement tax and the city personal property lease transaction tax. The taxes cover many products streamed to businesses and residents. They also cover use of various online databases that could especially affect businesses.

The city expects the taxes to bring in about $12 million a year.

Adrian Holovaty, founder of music-education web platform Soundslice. said he doesn’t know how the tax changes affect his business.

Holovaty’s questions include which of his subscribers should be taxed; whether he should be tracking his user’s physical locations; and how the city will enforce tax collection.

“I’m trying to hold off on being frustrated or angry until I actually understand what the new rules are,” Holovaty wrote in an email to Blue Sky. “But at face value, it seems like this new policy flies in the face of Mayor Emanuel’s efforts to build the tech community here.”

Confusion is driving widespread anger over last week’s quiet enactment of a “cloud tax” in Chicago, said Harper Reed ⇒. technologist and CEO of mobile commerce startup Modest.

“We need clarity on what it actually means, what it actually means for all of us,” Reed said. “What, as businesses, we.

Confusion is driving widespread anger over last week’s quiet enactment of a “cloud tax” in Chicago, said Harper Reed ⇒. technologist and CEO of mobile commerce startup Modest.

“We need clarity on what it actually means, what it actually means for all of us,” Reed said. “What, as businesses, we.

Several in the Chicago tech industry criticized the mayor and the city for creating an environment that they see as less friendly to tech startups than other places around the country.

Terry Howerton ⇒. co-founder at TechNexus, a private-sector venture collaborative, said the rulings do not properly define categories such as “cloud computing,” leaving them open to apply to almost any company.

“Every tech startup in Chicago is either using cloud computing services or selling them, and the city being the first to set this precedent puts us at a disadvantage to every other major tech hub. or even our own suburbs,” Howerton wrote in an email to Blue Sky.

Blagica Bottigliero, an Oak Park resident and longtime member of Chicago’s tech community who now serves as VP of digital media for California-based Metaverse Mod Squad, said the additional tax makes Chicago a less attractive location for startups.

John Byrne and Amina Elahi

Chicagoans who pay to stream movies and music from services like Netflix and Spotify will now need to fork over an additional 9 percent for the privilege, as will Chicago businesses that pay to use everything from real estate to court databases online, under a decision the city quietly made recently.

Chicagoans who pay to stream movies and music from services like Netflix and Spotify will now need to fork over an additional 9 percent for the privilege, as will Chicago businesses that pay to use everything from real estate to court databases online, under a decision the city quietly made recently.

(John Byrne and Amina Elahi)

“I wouldn’t be surprised if people look at other alternatives of places to go to that are near the city,” Bottigliero said.

She said she understands that the city needs to add revenue but that doing it this way hurts startups.

Michael Reever, VP of government affairs at the Chicagoland Chamber of Commerce, criticized the taxes as quick, insufficient fixes to larger fiscal problems.

“Given the economic climate and the economic picture, this is a step backward to making Chicago a tech hub,” Reever said.

Justin Massa ⇒. founder of restaurant data startup Food Genius, said his company has been using cloud services efficiently but that they remain his second-biggest expense after labor. Food Genius can handle the 9 percent cost increase for those services, Massa said, but it’s “not insignificant.”

Beyond the additional dollars Food Genius will owe, Massa expressed concern about how the tax will affect sales. Food Genius customers pay a subscription to access its cloud-based database.

“To customers that we call on in the city of Chicago, we just got 9 percent more expensive,” Massa said. “For anyone selling cloud services, life just got 9 percent harder.”


Recovering a database with a missing transaction log #microsoft #sql #server, #sql


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Recovering a database with a missing transaction log

Question: We had a SAN problem over the weekend and the upshot is that one of our main databases was shut down with open transactions, but we ve lost the log file. The last working backup is two weeks old.

Is there any way to recover the database without having to resort to the old backup?

Answer: Yes, but not without consequences.

Usually when a database has open transactions and the server crashes, crash recovery will run on the affected database and roll back the open transactions. This prevents the partial effects of transactions being present in the database. If the transaction log is not available when SQL Server starts, the database will be in the SUSPECT state.

In this case, the only way to bring the database online (note that I m not saying way to make the database usable ) is to use the emergency mode repair functionality that was added in SQL Server 2005. This basically builds a new transaction log and then runs a DBCC CHECKDB using REPAIR_ALLOW_DATA_LOSS. Read more .

The problem you will have if you decide to go this route is that emergency mode repair cannot roll back any of the active transactions as it has no knowledge of what they were, because the transaction log was destroyed. This means that at best, the resulting database will be transactionally inconsistent i.e. the state of the data in the database is unknown.

For instance, there may have been a transaction that was updating some sales records in a table, and only half of them were updated before the crash and subsequent transaction log loss occurred. You ll find it very difficult to figure out what state the data is in, and how to make the database properly usable again by the application.

Emergency mode repair is supposed to be a real last resort when all other methods of recovering data have failed.

In your case, you ll have to figure out what is the lesser of two evils recovering the database into an inconsistent state, or restoring the two-week old backup. You may end up deciding to do both, and trying to piece together the data, but that will be very time consuming and problematic again, because you don t know what was happening in the database at the time that the crash occurred.

To prevent this situation in future, beef up your backup strategy to use much more frequent backups, and add a high-availability technology that maintains a real-time copy of your database such as database mirroring or SQL Server 2012 Availability Groups.

[Unrelated: this is the last post on this blog, as we re going to focus on our own blogs moving forward. It s been great having this additional outlet to the community and we ve enjoyed writing the weekly posts for the last two years. We hope you ve enjoyed reading and learning from them too!]


NACM – National Association of Credit Management #national #association #of #credit #management,


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BENEFITS
of being a member of NACM

NACM is committed to assisting every member, meeting their needs and addressing their concerns by offering easy-to-obtain, high-quality products, services and programs.
Here you will find valuable tools for the credit professional, including links to training resources, online education, useful forms and timely publications.

Take advantage of these resources and so much more as a member of NACM.

Visit our Knowledge and Resource Center

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Business Credit Magazine

Credit Manager’s Index

National Trade Credit Report

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CONSTRUCTION

Services

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News

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New Texas Law Will Allow Suppliers and Others to Void Clauses on Projects that Require Out-of-State Resolution: nacmsts.com

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Construction Spending Falls in June: nacmsts.com

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As the advocate for business credit and financial management professionals NACM and its network of Partners take great pride in being the primary learning, knowledge, networking and information resource for commercial creditors nationwide.

NACM membership begins with a local NACM partner. Join our network today!

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of Credit Management

Please schedule a visit. We are located close to Baltimore and not far from DC.


INTL Service Fee #merchant #transaction


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INTL Service Fee Your bank charged you for no good reason

We are preparing a comprehensive list of issuing banks in the US and worldwide that charge the International Service Fee to their customers.

If you know your bank does this please drop us a line!

Email us the name of the bank that engages in this practice and their website and we will investigate.

Written by admin on September 29th, 2010

Posted at 10:14 pm in Humour

INTERNATIONAL SERVICE ASSESSMENT fees ? Jesus, the bank has fu**ing people down to a science, like they practice it in a fu**ing lab on mice firs t.

(He didn t say that, he said this. But I expect he would not approve of the Intl Service Fee. He s just that kind of straight shooting, straight talking guy.)

Written by admin on July 30th, 2010

When you order from a merchant outside your country, certain card issuing banks charge an International Service Fee just, well, let s be frank, because they can .

This will appear on your card statement as a separate line item, such as INTL Service Fee , International Transaction Fee , International Service Fee , Foreign Transaction Fee , Foreign Merchant Fee , Foreign Transaction Charge , Cross-border Assessment , Cross Border Transaction Assessment , or International Service Assessment .

The merchant you bought from didn t charge you this fee!

It goes to the bottom line of your bank.

It is not because of currency conversion it happens even if the online merchant charged you directly in USD (US dollars).

Don t believe us? Just call customer service at your bank and ask for an explanation.

Written by admin on July 1st, 2010