- Changes in tax rates effective January 1, 2023
- Illinois has implemented updated state tax rates
- Cook County has increased its sales tax rate
- Local jurisdictions have adjusted their tax rates
- Chicago has introduced a marginal tax rate increase
- Tax exemptions and incentives available for qualifying entities
- New product exemptions introduced in updated sales tax regulations for 2023 and 2024
Source: trykintsugi.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.
