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The RTA sales tax was increased to 1.25% in Cook County, and 0.75% in the collar counties (from 1% and 0.25%, respectively), but one-third of the sales tax collected in the collar counties (i.e. 0.25%) is distributed directly to the counties and the county boards may use that money for transportation or public safety purposes.
ILLINOIS — Mark your calendars: Illinois officials will offer residents a chance to save money on back-to-school items during this year’s sales tax holiday, scheduled from Aug. 5 to 14.
The Illinois Department of Revenue has increased in size in line with the creation of new taxes within the state and the expansion of existing taxes. A gasoline tax was enacted in Illinois in 1927, the sales tax was enacted in 1933; the state income tax was enacted in 1969, and the first lottery tickets were sold in 1974 in the state capital of ...
Illinois' Combined State And Local Sales Tax Highest Among Neighbors, 8th In Country - Chicago, IL - Illinois' combined rate of 8.81 percent ranked 8th in the country.
After enjoying a break in the state's sales tax for the past two years, Illinois won't participate in the annual sales tax holiday. (Scott Anderson/Patch)
The county received $96.3 million in sales tax revenue in 2022, $90.1 million in 2021 and $79.9 million in 2020, according to state Department of Revenue data on county sales tax distributions.
An aluminum sales tax token from the state of Washington, valued at 2 mills (1 ⁄ 5 cent) and good for the "tax on purchase of 10 cents or less" under the state's 2% retail sales tax law. The twelve states that issued these sales tax tokens were Alabama , Arizona , Colorado , Illinois , Kansas , Louisiana , Mississippi , Missouri , New Mexico ...
ELMHURST, IL – Elmhurst is receiving more sales tax income this year than it had originally projected. The city budgeted $13.1 million in sales taxes in 2022. But it is on track to receive...
Here’s how to calculate how much you’ll pay in sales tax on a product. Use the following sales tax formula: sales tax = list price x sales tax rate (as a decimal) For example, Sarah is ...
A separate tax, known as the "home rule sales tax," is projected to generate $8.3 million this year, nearly $600,000 more than budgeted. This tax is not charged to cars and most grocery items.