Illinois Sales Tax on Lease
Sales Tax Changes in Illinois Illinois law has changed so that sales tax applies to the down payment and monthly lease payments. What They Gave You Before is Now Taken Back Another new wrinkle in Illinois for 2015 is that trading in a vehicle will no longer affect the sales tax on a lease Comparison […]
Triple Net Lease Contract Review Lawyer
Understanding Contract Review With a Business-Minded Approach How do we do a better job at reviewing contracts? We understand business better than most other lawyers. Our tax background helps us in understanding tax implications ranging from: …to name a few. Why Would This Be Important? If you are: …we help you see the bigger picture. […]
Illinois Medical Marijuana Sales Tax
Medical Marijuana Tax Structure in Illinois Medical marijuana is taxed at the 1% pharmaceutical rate.In addition, a 7% privilege tax is imposed on cultivation centers and dispensaries. Revenue generated from this privilege tax is deposited in the Compassionate Use and Medical Cannabis Fund, which supports the administration and enforcement of the Act. Revenue from Early […]