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Direct-to-consumer wine sellers will face confusing,
burdensome, and potentially unlawful new tax collection
responsibilities beginning in 2021.
The Illinois Department of Revenue released Informational
Bulletin FY 2021-06 to provide sales tax guidance for licensed
direct-to-consumer wine shippers. Beginning January 1, 2021, such
licensees must collect Illinois taxes as follows:
When annual sales to Illinois customers are below $100,000 or
200 transactions, they must collect 6.25% state Use Tax.
When sales to Illinois customers exceed $100,000 or 200
transactions, then (i) a seller with no physical presence in
Illinois must collect state Retailers Occupation Tax
Lawmakers from both parties told officials from Gov. JB Pritzker’s administration on Thursday, March 11 that the General Assembly should have some say in how the state spends the $7.5 billion in federal funds that Illinois expects to receive from the newly-enacted American Rescue Plan.
Those comments came during a virtual hearing of the House Revenue and Finance Committee that took place just hours after President Joe Biden signed the $1.9 trillion pandemic relief bill into law.
“I think the legislature would like a say in appropriating money, given our role,” Rep. Michael Zalewski, D-Riverside, said to the director of the Governor’s Office of Management and Budget, Alexis Sturm. “So my hope is that you could convey that to the governor’s office and we can develop a framework to work together on that.”
Capitol Recap: With stimulus on the way, lawmakers want a say herald-review.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-review.com Daily Mail and Mail on Sunday newspapers.
Senate Bill 536 would amend the state election code to allow candidates to spend political committee funds on part-time or full-time child care or dependent elder home care expenses, as