Illinois – Independent Tax Tribunal Deadline to Elect Transfer February 1, 2014

SALT Report 3224 – “Beginning January 1, 2014, protests of notices of deficiency, notices of tax liability, and notices of claim denial for more than $15,000 in tax, exclusive of penalty and interest, will be under the jurisdiction of the Illinois Independent Tax Tribunal. The Independent Tax Tribunal Information will also have jurisdiction if no tax deficiency is assessed, but the total penalties and interest to be assessed is more than $15,000.”

Taxpayers filing a timely protest on or after June 1, 2013 may elect to transfer jurisdiction to the Illinois Independent Tax Tribunal.  Specific guidance and procedures will be distributed by the Independent Tax Tribunal once it becomes fully operations.  In the mean time, qualifying taxpayers will be advised by the Illinois Department of Administrative Hearings on current procedures.

Election Deadline – The election to transfer jurisdiction must be made on or after January 1, 2014 and on or before February 1, 2014. If a timely election is not made the case will stay with the Department and the taxpayer will not be able to proceed to the Independent Tax Tribunal.

For Further Information:

Independent Tax Tribunal Information

Illinois Independent Tax Tribunal Act of 2012

Public Act 098-0024

Illinois Department of Administrative Hearings