Recently posted Illinois Department of Revenue guidance explains that federal importation taxes are not deductible in computing Illinois retailers’ occupation tax liability from the gross receipts of persons who sell such tangible personal property at retail.
Source Deloitte
Latest Posts in "United States"
- Wisconsin – Release Addresses Terminated Penny Production and Resulting Sales and Use Tax Implications
- Washington – Time and Materials Charges and Cost Reimbursements Deemed Part of Taxable Digital Automated Services
- Indiana – New Law Addresses Penny Shortage and Tax Implications of Cash Transaction Rounding
- Illinois – Updated DOR Guidance Addresses In-State Physical Presence, Remittance Thresholds and Sourcing
- Understanding Economic Nexus: Sales Tax Compliance for Online and Multichannel Businesses After Wayfair
