On January 21, 2021, the City of Chicago’s Department of Finance issued an informational bulletin clarifying its position regarding economic nexus for Chicago’s amusement tax as applied to streamed amusements and Chicago’s...more
2/16/2021
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Cloud Computing ,
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Economic Presence Nexus ,
Internet Streaming ,
Property Transaction Taxes ,
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State and Local Government ,
Tax Liability ,
Tax Revenues ,
Threshold Requirements
Illinois recently passed Public Act 100-587 which requires remote sellers with no physical presence in Illinois to register and collect Use Tax on sales sourced to the state if certain thresholds are meet, effective October...more