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Once you know that the IDOR has approved your refund and when to expect it, you can use the “Find My Refund” feature on the website of the Illinois Comptroller’s Office to get specific ...
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Mead, a corporation based out of Ohio, owned Lexis-Nexis, which was based out of Illinois.[2] Mead sold Lexis, and Illinois maintained that Mead must pay them a proportionate capital-gains tax.[3] Illinois asserted that Mead and Lexis were integrated to the extent required for the "unitary business rule".[4] This rule allowed states to tax a ...
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
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The rate is set and published quarterly by the IRS. Thanks to high interest rates overall, it’s currently 8%, up from 3% two years ago. The rate is a calculation of the federal short-term rate ...
The Illinois Independent Tax Tribunal (IITA) is an independent State of Illinois agency that creates a forum of original jurisdiction for the initial appeal of back-tax determinations made by the Illinois Department of Revenue (IDOR), the chief tax-collecting agency of Illinois.
The Illinois Fair Tax was a proposed amendment to the Illinois state constitution that would have effectively changed the state income tax system from a flat tax to a graduated income tax. The proposal, formally titled the "Allow for Graduated Income Tax Amendment", appeared on the ballot in the November 3, 2020 election in Illinois as a ...