Cannabis tax rate changes set for January 2025 implementation

David Harris Director the Illinois Department of Revenue | Official Website

By Prairie State Wire

Nov 7, 2024

Effective January 1, 2025, certain taxing jurisdictions have enacted ordinances to impose or alter their Municipal or County Cannabis Retailers’ Occupation Tax. This tax applies to the gross receipts from sales of adult-use cannabis.

Further details can be found in FY Bulletin 2025-09, titled "Municipal and County Cannabis Retailers’ Occupation Tax Rate Changes, Effective January 1, 2025."

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Illinois Department of Revenue

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