(415 ILCS 5/55.10) (from Ch. 111 1/2, par. 1055.10)
Sec. 55.10. Tax returns by retailer. (a) Except as otherwise provided in this Section, for returns due on or before January 31, 2010, each retailer of tires
maintaining a place of business in this State
shall make a return to the Department of Revenue on a quarter annual basis,
with the return for January, February and March of a given year being due
by April 30 of that year; with the return for April, May and June of a
given year being due by July 31 of that year; with the return for July, August
and September of a given year being due by October 31 of that year; and
with the return for October, November and December of a given year being due
by January 31 of the following year.
For returns due after January 31, 2010, each retailer of tires maintaining a place of business in this State shall make a return to the Department of Revenue on a quarter annual basis, with the return for January, February, and March of a given year being due by April 20 of that year; with the return for April, May, and June of a given year being due by July 20 of that year; with the return for July, August, and September of a given year being due by October 20 of that year; and with the return for October, November, and December of a given year being due by January 20 of the following year. Notwithstanding any other provision of this Section to the contrary, the return for October, November, and December of 2009 is due by February 20, 2010. On and after January 1, 2018, tire retailers and suppliers required to file electronically under Section 3 of the Retailers' Occupation Tax Act or Section 9 of the Use Tax Act must electronically file all returns pursuant to this Act. Tire retailers and suppliers who demonstrate that they do not have access to the Internet or demonstrate hardship in filing electronically may petition the Department to waive the electronic filing requirement. (b) Each return made to the Department of Revenue shall state:
(1) the name of the retailer;
(2) the address of the retailer's principal place of |
If any payment provided for in this Section exceeds the retailer's liabilities under this Act, as shown on an original return, the retailer may credit such excess payment against liability subsequently to be remitted to the Department under this Act, in accordance with reasonable rules adopted by the Department. If the Department subsequently determines that all or any part of the credit taken was not actually due to the retailer, the retailer's discount shall be reduced by the monetary amount of the discount applicable to the difference between the credit taken and that actually due, and the retailer shall be liable for penalties and interest on such difference.
Notwithstanding any other provision of this Act concerning the time
within which a retailer may file his return, in the case of any retailer
who ceases to engage in the retail sale of tires, the retailer shall file
a final return under this Act with the Department of Revenue not more than
one month after discontinuing that business.
(Source: P.A. 100-303, eff. 8-24-17; 100-1171, eff. 1-4-19.)
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