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Updated Threshold Guidance for Remote Retailers and Marketplace Facilitators in Illinois Sales and Use Tax

  • Illinois Department of Revenue issued an informational bulletin
  • Updated threshold guidance for remote retailers and marketplace facilitators
  • Remote retailers meeting tax remittance threshold must remit State and local retailers’ occupation taxes (ROT) from January 1, 2021
  • Marketplace facilitators meeting tax remittance threshold must remit State and local ROT on their own sales and on sales made on behalf of marketplace sellers.

Source: vitallaw.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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