Jump to content

taxes on 75 cents and up in illinois?


redmms250713

Recommended Posts

This is for illinois, i noticed and read the bellow ILCS, saying that denominations not larger than 50 cents are not taxed, so that means if i have bulk 2: toys at 75 cents i must pay tax on them? how much would it be?

 

 

 

"Bulk vending machine" means a vending machine, containing unsorted confections, nuts, toys, or other items designed primarily to be used or played with by children which, when a coin or coins of a denomination not larger than $0.50 are inserted, are dispensed in equal portions, at random and without selection by the customer. 
(Source: P.A. 98-628, eff. 1-1-15; 98-1080, eff. 8-26-14.)

 

http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=582&ChapterID=8

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...