(A) Imposed; rate. A tax is hereby imposed upon all persons engaged in the city in the business of making sales of service at the rate of 1% of the cost price of all tangible personal property transferred by the 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 ILCS Ch. 65, Act 5, § 8-11-5.
(1986 Code, § 19-31)
(B) Monthly report. Every supplier or serviceman required to account for the 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 ILCS Ch. 35, Act 115, § 3.
(1986 Code, § 19-32)
(C) Payment. At the time the report is filed, pursuant to division (B) above, there shall be paid to the State Department of Revenue the amount of tax imposed by this section.
(1986 Code, § 19-33)