Sales Tax

Originally Posted by mspeasl Gang, Correct me if I am wrong, but in Illinois to get away from that problem it's 6.5% statewide on the amount due after trade in

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Sales Tax

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05-15-2009, 10:49 AM

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Quidproquo

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Quote:

Originally Posted by mspeasl

Gang,

Correct me if I am wrong, but in Illinois to get away from that problem it's 6.5% statewide on the amount due after trade in allowance.

You are correct regarding the trade in allowance. However, I believe the base state rate for IL is 6.25% PLUS any local rates applied by Home Rule jurisdictions. Your IL tax could be as high as 9% depending on where you purchase your goods.

IL Sales Tax Rates

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