Ill. Admin. Code tit. 86, § 470.120 - Returns
a) Except as
provided in this Section, every taxpayer upon whom the tax is imposed must file
a return with the Department by the 15th of each
month covering the preceding month. Each return shall set forth the information
required by this Section.
b)
If the taxpayer 's average monthly tax liability to the Department does
not exceed $100, the Department may authorize his or her returns to be filed 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; the return for April, May and
June of a given year being due by July 31 of that year; the return for July,
August and September of a given year being due by October 31 of that year, and
the return for October, November and December of a given year being due by
January 31 of the following year.
c)
If the taxpayer 's average monthly
tax liability to the Department does not exceed $20, the Department may
authorize his or her return to be filed on an annual basis, with the return for
a given year being due by January 31 of the following year.
d)
Quarter annual and annual returns,
as to form and substance, shall be subject to the same requirements as monthly
returns.
e)
Notwithstanding any other provision in the Act concerning the time
within which a taxpayer may file his or her return, in the case of any taxpayer
who ceases to engage in a kind of business that makes the taxpayer responsible
for filing returns under the Act , the taxpayer shall file a final return under
the Act with the Department not more than one month after discontinuing that
kind of business. [
35 ILCS
615/3 ]
f)
The return is to be made on forms prescribed and furnished by the Department
and must be signed by the taxpayer or his or her duly authorized agent for this
purpose. It is the duty of each taxpayer to obtain return forms, and failure to
obtain those forms will not relieve a taxpayer from liability for any penalties
attaching to failure to make any return.
g) At the same time that the returns required
by the Act are filed with the Department, the taxpayer shall pay the tax
computed upon gross receipts derived from engaging in the business of
distributing, supplying, furnishing or selling gas for use or
consumption.
h) When any taxpayer
furnishes services within the Act at more than one location in Illinois, he or
she shall file a consolidated return covering business operations at all those
locations, and the taxpayer will not be required, nor permitted, to file a
separate return for and with respect to each location. A taxpayer shall be
required to file any such supplementary schedules the Department may
require.
Notes
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