- Bourbonnais, Illinois will impose a new 1% local Automobile Renting Occupation and Use Tax effective Nov. 1, 2026.
- The new levy increases the total combined tax rate on qualifying motor vehicle rentals/leases in Bourbonnais to 6%.
- Businesses renting or leasing qualifying motor vehicles in Bourbonnais must register with the Illinois DOR for an ART-1 Automobile Rental Tax Account.
- Affected businesses must also register all rental locations and update cash registers and computer systems by the effective date.
Source: news.bloombergtax.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.
Latest Posts in "United States"
- A Small Value-Added Tax Could Pay for Tariff Repeal
- Alabama Announces City of Semmes Sales and Use Tax Increase
- California Issues Updated Sales and Use Tax Guidance for Transactions in Indian Country
- Florida Sales Tax Refund for Home-Hardening Products
- Missouri Limits Sales Tax Reach Over Digital Products and Software Services
