Illinois includes clean vehicle credits in taxable selling price

David Harris Director the Illinois Department of Revenue | Official Website

By Prairie State Wire

Mar 4, 2024

The Illinois Department of Revenue has issued a bulletin regarding the sales tax treatment for clean vehicle retailers and purchasers. According to the bulletin, clean vehicle credits applied toward the purchase price of a clean vehicle will be included as part of the taxable selling price.

For further details, interested parties are encouraged to refer to FY Bulletin 2024-19, titled "Illinois Sales Tax Treatment of Point-Of-Sale Transfer of Federal Clean Vehicle Tax Credits."

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Illinois Department of Revenue

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