86 Ill. Adm. Code 150.1315

Consequence of Not Complying with Requirement of Collecting Use Tax Separately From the Selling Price

Last amended: 1974Year: 2026Length: 67 wordsOfficial source
Section 150 Section 150.1315  Consequence of Not Complying with Requirement of Collecting Use Tax Separately From the Selling Price An important consequence of not complying with the requirement of stating the Use Tax separately from the selling price of the property in a manner authorized by this Regulation is the retailer's loss of the benefit of the deduction for a tax-collected item on his tax return form.
86 Ill. Adm. Code 150.1315: Consequence of Not Complying with Requirement of Collecting Use Tax Separately From the Selling Price | Justis AI