202208.30
0

Illinois—Sales and Use Tax: Leasing of Signage Subject to Tax

by in Illinois, Sales Tax, State Sales Tax Laws

IL:The Illinois Department of Revenue issued a letter stating that the rental of identification signage by an out-of-state (taxpayer) company is subject to a use tax based on the cost price of the signage. The taxpayer designed, installed, and maintained signage for Illinois customers in this matter. The taxpayer retained ownership of all the signs…

201811.30
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2019 State Business Tax Climate Index – Sales Taxes

by in Arkansas, Florida, Illinois, Louisiana, Oklahoma, Sales Tax, South Dakota, States, Texas, Washinton

MULTISTATE – The Tax Foundation has released its 2019 State Business Tax Climate Index. This Tax Climate Index is made up of 5 major components. Individual Taxes Corporate Taxes Sales Taxes Property Taxes Unemployment Insurance Taxes In this blog, we’re discussing how states rank on sales taxes. 25.3% of each state’s overall score is determined…