Ill. Admin. Code tit. 86, § 195.100 - Nature of the Tax
a)
Beginning
January 1, 2020, the Parking Excise Tax Act ("Act") [35 ILCS 525]
imposes a tax on the privilege of using in this State a parking space
in a parking area or garage for the use of parking one or more motor vehicles,
recreational vehicles, or other self-propelled vehicles.
[35 ILCS
525/10-10(a) ] Consideration received
by an operator from a purchaser before January 1, 2020, for the privilege of
using a parking space in a parking area or garage is not subject to tax.
Consideration received by an operator from a purchaser on and after January 1,
2020, for the privilege of using a parking space in a parking area or garage on
and after January 1, 2020, is subject to tax, regardless of the date the
parking arrangement or lease was executed.
b) The tax is imposed upon the person
purchasing and using a parking space in a parking area or garage. The
tax is collected from the purchaser by the operator of the parking area or
garage.
c)
Beginning on January 1, 2024, if a booking intermediary facilitates the
processing and fulfillment of the reservation for an operator that is not
registered under Section 10-30 of the Act, then the tax shall
be collected on the purchase price from the purchaser by the booking
intermediary on behalf of the operator, and the tax shall be remitted to the
Department by the booking intermediary. [35 ILCS
525/10-10(b) ]
Notes
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