The Illinois Supreme Court recently struck down an Illinois Department of Revenue (Department) regulation sourcing sales to the location of order acceptance. While the Supreme Court found that the Taxpayers’ Bill of Rights protected the taxpayer from retrospective liability, going forward, Illinois retailers need to closely evaluate their filing positions. The decision will lead to a period of chaos for taxpayers, local governments and the Department.
Voiding of Illinois Sales Tax Regulation Leads to Prospective Uncertainty for Sourcing Sales
By McDermott Will & Emery and Catherine A. Battin on November 25, 2013