Surprises in Illinois tax amnesty program

By Robert A. McKenzie & Edward A. Snyder, Arnstein & Lehr Some aircraft owners are going to get an unpleasant surprise in 2011: The new Illinois Use Tax Amnesty program does not apply to all aircraft purchases. In Illinois, the purchase of an aircraft by an Illinois resident is taxed in one of three ways, … Continue reading Surprises in Illinois tax amnesty program