(Chicago, IL) — The U.S. Supreme Court decision allowing states to levy sales taxes on online retailers could mean a revenue boost for Illinois. Language already in the recently passed state budget bill extends the sales tax to out-of-state retailers that do at least 100-thousand-dollars of business here. Governor Rauner said it will now be easier for the state to collect what it’s owed. He said the decision evens the playing field for Illinois-based retailers. The additional sales tax could amount to 150- to 200-million-dollars in the next fiscal year.
Copyright © 2018
TTWN Media Networks LLC