Changes to Illinois Sales & Use Taxes EFFECTIVE 1/1/2025

Effective January 1, 2025 if you lease or rent tangible personal property (TPP) in the ordinary course of your business, you are considered a retailer subject to Illinois’ Sales and Use Tax laws, and you must register with the Illinois Department of Revenue (IDOR) and pay tax on your lease or rental receipts. Click below to view or download the full summary.

Download Summary
© LAUTERBACH & AMEN 2024