Ill. Admin. Code tit. 86, § 460.101 - Nature and Scope of the Tax
a)
The Coin-Operated Amusement Device and Redemption Machine Tax Act (the Act)
imposes an annual privilege tax on the privilege of operating, in this State:
1) every coin-in-the-slot-operated amusement
device in this State, including a device operated or operable by insertion of
coins, tokens, chips or similar objects, or operated by the use of a debit or
prepaid card or mobile device, that returns to the player no money or property
or right to receive money or property; and
2) every redemption machine, as defined in
Section
460.105.
b) The amount of the tax is $30
for each device or machine for which a privilege tax decal is issued for a
period beginning on or after August 1 of any year through July 31 of the
following year. All privilege tax decals issued by the Department shall
expire on July 31 following issuance [
35 ILCS
510/3(l) ].
Privilege tax decals are issued in one-year increments only.
c) The tax payable with respect to any
amusement device or redemption machine must be remitted to the Department of
Revenue with a form containing information regarding that device or machine.
The remittance should be made payable to the Department of Revenue.
d)
If an amount of tax, penalty or
interest has been paid in error to the Department, a taxpayer may file a claim
for credit or refund with the Department in accordance with the
provisions of Section 2 of the Act [
35 ILCS
510/2(b) ].
Notes
Amended at 28 Ill. Reg. 2284, effective January 22, 2004
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