On July 1, 2019, Illinois sales tax law changed and now expands the manufacturing machinery and equipment exemption to include production-related, tangible personal property purchased on or after July 1, 2019. Consequently, this sales tax law change will have a large impact on Illinois manufacturers.
Find out what this change means for Illinois manufacturers and what steps you need to take for your business. For full details, read our article.
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How DHJJ Can Help
Manufacturers should review how the tax law change will affect their business. This sales tax law change will have a large impact on Illinois manufacturers. If you have further questions about the change in Illinois law for manufacturers, please reach out to DHJJ at (630) 420-1360. Click here if you’re interested in more tax strategies for manufacturers.
