Illinois – Updated Reporting Requirements For Business Incentives (March 2014)

SALT Report 3326 – The Illinois Department of Revenue released Informational Bulletin 2014-11 addressing the reporting requirements for businesses.

” Public Act 98-0109 made changes to the business incentives reporting requirements.

  • Holders of sales tax exemption certificates from IDOR issued for the period beginning July 1, 2013, must file a report.
  • Enterprise Zone and River Edge Redevelopment Zone Administrators no longer are required to file reports.
  • The deadline to file reports for all of those required to do so has been changed to May 31(previously the end of March).”

This Informational Bulletin supersedes Informational Bulletin 2013-12

For Further Information:

Informational Bulletin 2014-11