Happy 2015, Illinoisans - Finally, a Fair Tax on Auto Leasing - DHS Money Matters
DID YOU KNOW: that up until this year, Illinois consumers who leased new automobiles have been paying use tax on the full price value of any leased motor vehicle, less trade value; NEW PUBLIC ACT: 098-0628 effective as of January 1st, 2015, amends the Illinois Use Tax Act, Chapter 35 ILCS 105/2; APPLIES TO: any... Read more »