Illinois – Communities See Portion Of Online Use Tax Returns

A U.S. Supreme Court ruling that allows states to collect taxes from online retailers is providing some additional revenue for communities as more shoppers avoid brick and mortar retails for many purchases. However, some groups are working to get online retailers, such as Amazon, pay local sales tax. The court’s decision last June in South Dakota v. Wayfair paved the way for states to collect sales taxes from online retailers. In Illinois, “remote” online retailers that have more than $100,000 in online sales in the state, or at least 200 discrete transactions, must collect the state’s 6.25% use tax. City Comptroller Sheri Ray said use tax online retailers are paying the state of Illinois, which redistributes it to communities based on population.

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by matt hopf
april 15, 2019