Omer Osman Secretary of Transportation | Official website
Omer Osman Secretary of Transportation | Official website
For sales and use tax, along with other related returns due from January 1, 2025, a new cap on the retailers' discount has been set. The maximum amount that can be claimed is now limited to $1,000 per month. This change is outlined in Public Act 103-592.
Further details are available in FY Bulletin 2025-04, which addresses the new limitations on the retailers' discount for certain tax returns.