Resources: Illinois

Sales Tax Rebates by State

Certain States offer rebates to those who pay on time..

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Illinois Sales Tax 101

The term “sales tax” actually refers to several tax acts. Sales tax is a combination of “occupation” taxes that are imposed on sellers’ receipts and “use” taxes that are imposed on amounts paid by purchasers. Sellers owe the occupation tax to the department; they reimburse themselves for this liability by collecting use tax from the buyers.

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