Valleywag
The city of Chicago filed suit against eBay subsidiary StubHub for failing to pay taxes. Chicago alderman Edward Burke says the city loses as much as $16 million a year by not collecting taxes on StubHub's online transactions. In response, eBay said it intends to lobby Washington, D.C. to pass legislation banning the collection of Internet taxes as too onerous for small Internet businesses. The "businesses" in question here are the scalpers whose sales StubHub facilitates, not eBay itself. In April, eBay reported that its first quarter-revenues rose 24 percent to $2.19 billion. (Photo by veganstraightedge)
Chicago gets in on tax racket, sues StubHub over lost revenues
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9:20 AM on Wed May 21 2008
By Nicholas Carlson
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