An Illinois Department of Revenue newsletter summarizes new Illinois Retailers’ Occupation Tax (ROT) law that will require retailers with a physical presence in Illinois, but who source sales out of state and fulfill those sales from inventory located out of state, to collect and remit ROT by destination.
Source Deloitte
Latest Posts in "United States"
- USA and Taiwan Unite: A Landmark Agreement to Transform Semiconductor Manufacturing
- Texas Sales Tax Audit Risks: Key Strategies for Restaurant Franchisees to Minimize Exposure
- Zero-Emission Transit Buses to Be Fully Taxed in California Starting January 1, 2026
- Crowdfunding and Sales Tax: Essential Rules Creators Must Know to Stay Compliant
- Which Organizations Qualify for Sales Tax Exemption? State-by-State Rules and Certificate Guide
