Illinois Department of Revenue issues revised Enterprise Zone reporting information

The Illinois Department of Revenue’s web portal for business incentives reporting is now up and available for use.

Please see the attached bulletin from the Illinois Department of Revenue regarding important changes to the reporting requirements.

Public Act 98-0109 made changes to the business incentives reporting requirements originally outlined in Public Act 97-905.

  • Holders of sales tax exemption certificates from IDOR issued for the period beginning July 1, 2013, must file a report.
  • Enterprise Zone and River Edge Redevelopment Zone administrators no longer are required to file reports.
  • The deadline to file reports for all of those required to do so has been changed to May 31(previously the end of March).

More detailed information is available at IDOR’s web site, tax.illinois.gov. and clicking on “Business Incentives” on the left side of the page.

Posted on April 1, 2014 by Chris Bonjean
Filed under: 
Topic: 

Login to post comments