State of Illinois

10/28/2024 | Press release | Distributed by Public on 10/28/2024 07:51

FY 2025-04, Retailers’ Discount for Certain Tax Returns Capped at $1,000 Per Month

FY 2025-04, Retailers' Discount for Certain Tax Returns Capped at $1,000 Per Month

News Type - Monday, October 28, 2024
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For sales and use tax and other related returns due on or after January 1, 2025, the retailers' discount amount is limited to $1,000 per month. See Public Act 103-592.

For more information, see FY Bulletin 2025-04, Retailers' Discount for Certain Tax Returns Capped at $1,000 Per Month.