Illinois changes its sourcing rules, making retailers with a place of business in Illinois but selling from out-of-state responsible for destination-based sourcing for sales tax purposes, effective January 1, 2025. This creates equality between remote retailers with and without in-state presence. Businesses operating in Illinois should prepare their tax systems to apply destination-based sourcing compliantly.
Source Fonoa
Click on the logo to visit the website
Latest Posts in "United States"
- Concerns Over Proposed Value Added Tax to Replace Texas School Property Taxes
- Alabama Eliminates Sales Tax on Adult Diapers, Reducing Costs for Caregivers and Families
- Eliminating Colorado State Sales Tax Vendor Fee and Appropriation Adjustment
- Rhode Island Introduces 7% Sales Tax on Short-term Parking Services Starting October 2025
- Indiana Rules AI Chatbot Subscription Services Exempt from Sales Tax
