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Tech Talk: Downtown is the Place to Be

Summarizing some recent tech/innovation stories: According to Brookings Institution research, downtown universities (compared to their peers) produce 80% more licensing deals, disclose 123% more inventions, receive 222% more income from licensing agreements and create 71% more start-ups. Hidden in Plain Sight: The Oversized Impact of Downtown Universities identifies the following as the top 10 downtown research universities: Rochester University, MIT, [...]

2018-07-12T10:14:15+00:00 July 11th, 2018|

Tech Talk: Entrepreneurship and the World

While innovators and entrepreneurs often exhibit a required laser focus on their own initiatives, there is a whole wide world of activities taking place. Here are three observations from the Kauffman Foundation after the recent Global Entrepreneurship Congress (GEC). When 171 nations gathered in Istanbul, Turkey, to discuss the future of entrepreneurship, it showed that entrepreneurship has moved beyond [...]

2018-07-12T14:16:01+00:00 June 13th, 2018|

Theoris Services: Merges With IT Consulting Firm (Indianapolis)

In Search of Technology (ISoT), an Indianapolis-based IT firm specializing in strategic consulting, software development, and talent solutions, has merged with Theoris Services.  ISoT founder, Justin Bryant, will serve as vice president of the Theoris ‘Ignite’ division, focused on the high-velocity Tech, SMB and Entrepreneurial business sectors.  “Merging with Theoris enables us to expand our services through increased resources [...]

2018-07-06T16:00:20+00:00 May 24th, 2018|

Indiana Chamber Statement on Importance of SaaS Tax Clarity Bill Signed Into Law Today  

(INDIANAPOLIS) — Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance, comments on Senate Bill 257 being signed into law, providing clarity on the tax exempt status for software-as-a-service (SaaS) transactions: “Since last summer, the Indiana Chamber has been leading the charge to see this clarification become law, with language originating in our tech policy committee. Our [...]

2018-03-22T16:47:52+00:00 March 23rd, 2018|

Top Story: Chamber-Priority SaaS Bill Set to Become Law

This week, the Senate unanimously approved the House changes to Senate Bill 257 (Sales Tax on Software). This bill began as a top Chamber goal; it was embraced by the administration and made a priority of the Governor, the Senate got it introduced and rolling, then the House took good legislation and made it even better. The Senate concurrence [...]

2018-03-09T13:08:38+00:00 March 9th, 2018|

General Statehouse: Where Key Bills Stand

The 2018 Indiana legislative session is in the home stretch with an end date of this coming Wednesday. Another select group of business-related bills crossed the finish line this week (and last) and are ultimately headed to the Governor’s desk. Others are bound for conference committee to resolve differences between the House and Senate versions. Meanwhile, two bills saw [...]

2018-03-09T11:36:18+00:00 March 9th, 2018|

House and Senate in Agreement on SaaS Bills

Bill # and Title: HB 1316 – Sales Taxes and Credits; SB 257 – Sales Tax on Software Authors: Rep. Tim Brown (R-Crawfordsville); Sen. Travis Holdman (R-Markle) Summary: Provides that for the purposes of the sales tax, a person is a retail merchant making a retail transaction when the person sells, rents, leases or licenses for consideration the right [...]

2018-03-02T13:54:34+00:00 March 2nd, 2018|

Amendments Make SaaS Bill Even Better

Bill # and Title: SB 257 – Sales Tax on Software Author: Sen. Travis Holdman (R-Fort Wayne) Summary: Provides that for purposes of the sales tax, a person is a retail merchant making a retail transaction when the person sells, rents, leases or licenses for consideration the right to use prewritten computer software delivered electronically. Specifies, however, that a [...]

2018-02-23T13:16:00+00:00 February 23rd, 2018|

Technology and Innovation: Recap of Where Things Are at the Midpoint

After a stellar 2017, the 2018 short legislation session has been more measured – largely based on the lack of desire to “open up the budget”. While some issues moved ahead as intended, several bold ideas have evolved into a study committee or tabled until next year. Below is a summary of where several key bills stand: The Regional [...]

2018-02-09T13:48:15+00:00 February 9th, 2018|

Competing Software-as-a-Service Bills Both Offer Needed Improvements

As is often the case, the House and the Senate each have their own ideas on how best to address big issues. That is the current circumstance regarding the taxability of software utilized as the means of providing a service. Obtaining greater clarity on this subject is a priority of the Chamber and the Governor. Senate Bill 257 embodies [...]

2018-05-10T15:00:52+00:00 February 9th, 2018|