Tax In Chicago Illinois

Updated July 24, 2015

 
Tax In Chicago Illinois

The City of Chicago imposes various taxes on business entities. A short list of the most relevant follows:

  • Airport departure (8500)
  • Amusement (7510)
  • Cigarette (7506)
  • Employer’s expense (7540)
  • Foreign fire insurance (7505)
  • Fountain soft drink (7590)
  • Ground transportation (7595)
  • Emergency telephone system surcharge – wireless (2906)
  • Emergency telephone system surcharge – net based (2908)
  • Hotel accommodations (7520
  • Liquor (7573
  • Motor vehicle lessor (7575
  • Natural gas occupation (7571
  • Parking lot/garage (7530
  • Real property transfer (7551
  • Tire Fee (BA94)
  • Gas use (7574)
  • Electricity use (7578)
  • Telecommunications (7501)
  • Transaction / lease (755)
  • Use (non-titled property 8402, 8403)
  • Bottled Water Tax (1904)
  • Vehicle fuel (7577)
  • Electricity infrastructure maintenance fee (7576)

If you are having problems with your Tax In Chicago Illinois or have issues with your accounting in general, we would love to help. I enjoy hearing from my readers, and can be contacted at
 
Chris@AccountingSolutionsltd.com
 
Additional Accounting Articles and information on my firm can be found at
 
www.AccountingSolutionsLtd.com
 
Chris Amundson is the President of Accounting Solutions Ltd., a full service public accounting firm of Certified Public Accountants and Enrolled Agents handling the bookkeeping, accounting, tax preparation, and audit representation needs of Businesses, Estates, Trusts, and Upper Income Individuals