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   What is Retailers' Occupation Tax (rot) in Illinois?

   • “Retailers’ occupation tax” (ROT) is a tax imposed on retailers engaged in the occupation of selling tangible personal property at retail in Illinois. It includes the taxes levied under the Retailers’ Occupation Tax Act ( 35 ILCS 120) and all applicable local retailers’ occupation taxes collected by the Illinois Department of Revenue (IDOR).

   Retailers’ Occupation Tax and Updated Threshold Guidance for Remote

   tax.illinois.gov/research/publications/bulletins/fy-2024-08.html

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   How is state and local Retailers' Occupation Tax calculated?

   • If selling activities occur in Illinois (for example, sales are filled from inventory in Illinois or other selling activities occur in Illinois; see, e.g., 86 Ill. Adm. Code 270.115), then state and local retailers' occupation tax is calculated using the origin rate for that sale.

   Sales & Use Taxes - Illinois Department of Revenue

   tax.illinois.gov/research/taxinformation/sales/rot.html

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   What is a sales tax?

   • The term "sales tax" actually refers to several tax acts. Sales tax is a combination of "occupation" taxes that are imposed on retailers' receipts and "use" taxes that are imposed on amounts paid by purchasers. Retailers owe the occupation tax to the department; they reimburse themselves for this liability by collecting use tax from the buyers.

   Sales & Use Taxes - Illinois Department of Revenue

   tax.illinois.gov/research/taxinformation/sales/rot.html

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   What if a retailer does not charge Illinois sales tax?

   • If the retailer does not charge Illinois Sales Tax on a sale of tangible personal property, an Illinois purchaser must pay "use" tax for the purchase directly to the department. An Illinois (in-state) retailer (e.g., brick and mortar) is a retailer who makes sales of tangible personal property in Illinois.

   Sales & Use Taxes - Illinois Department of Revenue

   tax.illinois.gov/research/taxinformation/sales/rot.html

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2. tax.illinois.gov › research › publicationsRetailers’ Occupation Tax and Updated Threshold Guidance for ...

   tax.illinois.gov › research › publications

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   “Retailers’ occupation tax” (ROT) is a tax imposed on retailers engaged in the occupation of selling tangible personal property at retail in Illinois. It includes the taxes levied under the Retailers’ Occupation Tax Act ( 35 ILCS 120 ) and all applicable local retailers’ occupation taxes collected by the Illinois Department of Revenue ...

   • Sales & Use Taxes - Illinois Department of Revenue

     Sales tax is a combination of "occupation" taxes that are...

   • Illinois Department of Revenue informational October 2021

     “Retailers’ occupation tax” or ROT is a tax imposed on...

3. support.taxjar.com › article › 973-illinoisIllinois: Retailers' Occupation Tax (ROT) Update January 2020

   support.taxjar.com › article › 973-illinois

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   • What Is Retailers' Occupation Tax (Rot)?
   • Does TaxJar Reports and The TaxJar API Support Retailers' Occupation Tax (Rot)?
   • What Changed and How Does This Affect Me in 2021?

   The Illinois Sales Tax structure imposes two separate but complementary taxes upon the sale and use of tangible personal property. The Illinois Retailers' Occupation Tax (ROT) is a portion of the sales tax that is imposed on Illinois sellersof tangible personal property. 1. There is a state tax rate of 6.25% and Illinois municipalities may impose a...

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   Yes. TaxJar Reports for Illinois and our API support this Illinois' sales tax collection structure by separating out the "Sales from locations within Illinois" with the jurisdictional breakdown. 1. The amounts for "Sales from locations outside Illinois" are indicated on a separate row in your Illinois TaxJar Report.

   See full list on support.taxjar.com

   While the Illinois sales tax collection structure itself did not change, marketplace facilitator laws went into effect January 1, 2020, changing the requirements for who is responsible for collecting and remittingthe Retailers' Occupation Tax: 1. Beginning January 2020, marketplace facilitators were required to collect and remit Illinois use taxon ...

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4. www.ryans-uk.com › tax-guide-for-the-retail-industryTax Guide for the Retail Industry | Ryans Uk

   www.ryans-uk.com › tax-guide-for-the-retail-industry

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   Mar 1, 2021 · When you operate a business in retail, you will have to pay a number of taxes including Corporation Tax, National Insurance (and other payroll taxes), VAT and Business Rates.

5. www.salestaxinstitute.com › resources › remoteRemote Retailers to Collect Illinois ... - Sales Tax Institute

   www.salestaxinstitute.com › resources › remote

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   Jan 1, 2021 · Effective January 1, 2021, Illinois has amended the Retailers’ Occupation Tax and enacted the Leveling the Playing Field for Illinois Retail Act to require remote retailers and marketplace facilitators to collect and remit state and local retailers’ occupation tax (ROT) based on destination sourcing.

6. www.icpas.org › information › copy-deskIllinois’ Sales Taxes: A Deeper Dive on Exclusions and Exemptions

   www.icpas.org › information › copy-desk

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   The Retailers’ Occupation Tax: This is a tax on tangible personal property (TPP) sold at the retail level (generally by Illinois-based sellers to end users). The Use Tax: This tax is imposed on purchasers of TPP (e.g., purchases made from websites of out-of-state online sellers).