Building Materials Sales Tax Exemption

Section 524.570  Building Materials Sales Tax Exemption The Building Materials Sales Tax Exemption found in the Retailers' Occupation Tax Act [35 ILCS 120/2-54] allows each retailer in Illinois who makes a sale of building materials to be incorporated into real estate in a River Edge Redevelopment to deduct the receipts from such sales when calculating the tax imposed by the Retailers' Occupation Tax Act.