Are Internet sales taxable in Illinois?

Illinois is one of a number of states that has enacted regulations that allow the state to collect sales tax from online retailers who sell to Illinois customers, regardless of whether the seller has a physical presence in the state.

Do you pay tax on Internet?

The basic rule for collecting sales tax from online sales is: If your business has a physical presence, or “nexus”, in a state, you must collect applicable sales taxes from online customers in that state. If you do not have a physical presence, you generally do not have to collect sales tax for online sales.

What items are tax exempt in Illinois?

What purchases are exempt from the Illinois sales tax?

Clothing. 6.25%
Groceries. 1%
Prepared Food. 8%
Prescription Drugs. 1%
OTC Drugs. 1%

What happens if you don’t collect sales tax?

You’ll have to pay penalties and interest for failure to file and pay sales tax. These penalties vary by state, but in general you can assume that penalties and interest will roughly total 30% of the amount of sales tax due.

Who is exempt from Illinois sales tax?

Sales tax exemptions are given to schools, governmental bodies, churches, and exclusively charitable organizations.

Where do I pay my taxes in Chicago?

You may file and pay your taxes online, or mail them to: “Chicago Department of Finance, 22149 Network Place, Chicago, IL 60673-1221.” With the exception of the Employers Expense Tax and some Non-Titled Use tax payers the payments are made monthly.

What kind of taxes are there in Chicago?

A fee levied by the state government on the charges for telephone services. A tax levied by a local government on the sale of tangible personal property and/or certain services. A rental tax, known as the Personal Property Lease Transaction Tax, imposed by the City of Chicago on the rental of personal property within the City.

Do you pay sales tax when you shop online in Illinois?

Illinoisans will pay more in state and local sales taxes when shopping online beginning next year. Illinoisans will pay higher sales taxes on online purchases starting next year.

What are the taxes and fees in Illinois?

A state imposed tax on phone services which supports Illinois Commerce Commission programs. A fee levied by the state government on the charges for telephone services. A tax levied by a local government on the sale of tangible personal property and/or certain services.

Are Internet sales taxable in Illinois? Illinois is one of a number of states that has enacted regulations that allow the state to collect sales tax from online retailers who sell to Illinois customers, regardless of whether the seller has a physical presence in the state. Do you pay tax on Internet? The basic rule…