The Department of Revenue adopted amendments to the Part titled Income Tax. The Illinois earned income tax credit has been increased to 20 percent of the federal earned income tax credit for each taxable year beginning on or after Jan. 1, 2023.
The Department of Revenue adopted amendments to the Public Utilities Revenue Act. Persons who distribute electricity to consumers are subject to the tax on electricity distribution when they own, lease, or control the facilities used to distribute the electricity.
The Department of Revenue adopted a new Part titled the Local Government Revenue Recapture Act and Certified Pilot Program. Taxpayers may now hire qualified practitioners to perform certified audits. The program runs from Jan. 1, 2021, to Dec. 21, 2025.
The Department of Revenue adopted an amendment to the Part titled Income Tax. The amendment removes the stipulation regarding treaties with foreign countries in determining whether an Illinois taxpayer is subject to the income tax
The Department of Revenue adopted a new Part titled Secure Choice Savings Program Act, implementing the statute of the same name. The Part allows the department to assess and collect penalties from those employers subject to the Act who fail to enroll employees in the Secure Choice Savings Program.
The Department of Revenue adopted an amendment to the Part titled Retailers’ Occupation Tax. When an employer gives away personal property to an employee, the employer must pay use tax at the rate that would have been imposed at the time the employer acquired the property from the supplier.
The Department of Revenue adopted a new Part titled Leveling the Playing Field for Illinois Retail Act, imposing state and local taxes on out-of-state online retailers and marketplace facilitators. The changes seek to “level the playing field” between Illinois-based retailers and remote retailers.
The Department of Revenue adopted an amendment implementing new rules for minimum-wage tax credits. The amendment replaces an earlier emergency provision that has since expired, and it is a response to the new state minimum wage, which took effect on Jan. 1, 2020.
The Illinois Department of Revenue adopted amendments to section 100.3120 of the Administrative Code clarifying how income amounts subject to Illinois income tax will be determined for individuals working in other states or whose base of operations is outside of Illinois.
New rules from the Department of Revenue expand the exemptions available under the Retailer’s Occupation Tax. Sellers of tangible personal property in the state of Illinois are subject to the tax.
The Department of Revenue (DOR) adopted amendments to the Parts titled Retailers’ Occupation Tax, Service Occupation Tax, Cigarette Tax Act, Cigarette Use Tax Act, and Tobacco Products Tax Act of 1995, implementing Public Act 100-940.
The Department of Revenue (DOR) adopted an amendment to the Part now titled “Board of Appeals; Voluntary Disclosure” (86 IAC 210; 43 Ill. Reg. 973 (effective April 24, 2019)).
DOR also repealed the Cannabis and Controlled Substances Tax Act (86 Ill. Adm. Code 428 (effective Oct. 4, 2018)), because the underlying statute was declared unconstitutional and is no longer enforced.
The Department of Revenue ("DOR") adopted proposed amendments to the Service Occupation Tax (86 Ill. Adm. Code 140) and the Electronic Filing of Returns or Other Documents (86 Ill. Adm. Code 760), both effective Oct. 4, 2018.
DOR adopted an amendment to the Income Tax Code (86 Ill. Adm. Code 100 (effective Oct. 12, 2018)), providing a definition of "transportation company" for purposes of the apportionment formula for taxpayers providing transportation services.
