A. Tax Imposed: A tax is hereby imposed upon all persons engaged in the city in the business of making sales of service at the rate of one percent (1%) of the cost price of all tangible personal property transferred by said servicemen either in the form of tangible personal property or in the form of real estate as an incident to a sale of service, in accordance with the provisions of 65 Illinois Compiled Statutes 5/8-11-5.
B. Report Required: Every supplier or serviceman required to account for municipal service occupation tax for the benefit of the city shall file, on or before the last day of each calendar month, the report to the state department of revenue required by section nine of the "service occupation tax act", approved July 10, 1961, as amended 1 .
C. Payment Of Tax: At the time such report is filed, there shall be paid to the state department of revenue the amount of tax hereby imposed.
D. State Exclusions Not Applicable: The exclusion contained in section 2(e) of the "service occupation tax act", approved July 10, 1961, as amended, shall not apply to property within the city. (Ord. 840, 9-2-1969, eff. 10-1-1969; amd. Ord. 967, 12-18-1978; Ord. 1003, 9-3-1980; Ord. 1049, 9-21-1982; 2006 Code)
Notes
| 1 | 1. 35 ILCS 115/1 et seq. |