- Illinois will remove the 200-transaction threshold for economic nexus starting January 1, 2026.
- Economic nexus will be based on cumulative gross receipts exceeding $100,000 over the previous 12 months.
- Remote retailers must evaluate their sales quarterly to determine if they meet the threshold.
- Illinois will expand its tax provisions to include the Service Occupation Tax and the Service Use Tax.
- Both state and local taxes will be required for services provided from outside Illinois to Illinois customers.
- Previously, only the state’s 6.25 percent tax was collected on such transactions.
- More information can be found in Public Act 104-0006, enacted on June 16, 2025.
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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