(A) Tax. A tax is hereby imposed on all persons engaged in the business of renting automobiles in this city at the rate of 1% of the gross receipts of the rentals made in the course of the business.
(B) Report. Every person engaged in such business in the city shall file on or before the last day of each calendar month the report to the Illinois Department of Revenue required by §§ 2 and 3 of the Retailer’s Occupation Tax Act, being ILCS Ch. 35, Act 120.
(C) Payment. At the time the report is filed, there shall be paid to the Illinois Department of Revenue the amount of tax hereby imposed on account of renting of automobiles during the preceding month.
Statutory reference:
Similar provisions, see ILCS Ch. 65, Act 5, § 8-11-7; ILCS Ch. 35;
ILCS Ch. 35, Act 120, §§ 1 et seq.