A. Tax Imposed; Amount: A tax is hereby imposed upon all persons engaged in the business of selling tangible personal property at retail in the city, at the rate of one percent (1%) of the gross receipts from such sales made in the course of their business, in accordance with the provisions of section 8-11-1 of the Illinois municipal code. (1996 Code § 27-16)
B. Report Required: Each person engaged in a business subject to this section shall file, on or before the last day of each calendar month, the report to the state department of revenue required by state law. (1996 Code § 27-17)
C. Remittance Of Tax: At the time the monthly report required by this section is filed, there shall be paid to the state department of revenue the amount of tax hereby imposed on account of the receipts from sales of tangible personal property during the preceding month. (1996 Code § 27-18)
D. Exclusions From Tax:
1. Exclusion a-1 contained in section 2 of the retailers' occupation tax act 1 , approved June 28, 1933, as amended, shall not apply to persons engaged in the business of selling tangible personal property at retail within the city. (1996 Code § 27-19)
2. The exclusion contained in section 2(d) of the retailers' occupation tax act, approved June 28, 1933, as amended, shall apply to property within the city, effective May 1, 1983. (1996 Code § 27-19.1)
Notes
| 1 | 1. 35 ILCS 120/1 et seq. |