City of Peoria Sales Tax Rate


Hospitality Improvement Zone
City of Peoria Sales Tax Rate
Effective 7/1/09

Background

The Illinois Department of Revenue (IDR) sent an informational bulletin to ALL taxpayers located in the City of Peoria of a sales tax rate change for the City of Peoria on 7/1/09. It was for businesses located “Inside the Hospitality Improvement Zone Business District”.

The rate increase of 1% and the new combined rate is 9%, not for all taxpayers, ONLY FOR THE ADDRESSES LOCATED IN THE DISTRICT.

There is some confusion… “the rate increase is only for businesses located inside Hospitality Improvement Zone Business District”. The informational bulletin (bottom right corner) also tells the taxpayer to find out if the rate applies to their sales, to go to the “Tax Rate Finder” on their web site at tax.illinois.gov for a list of addresses.

If the business address is not one of the locations listed below, they are NOT subject to the new tax rate.

If the business address is one of the locations listed below, they must collect the additional tax and remit it to the Illinois Dept of Revenue.

Addresses

The addresses provided to the IDR and that appear on the IDR web site:

702 Fulton Ct
720 Fulton Ct
414 Hamilton Blvd
416 Hamilton Blvd
500 Hamilton Blvd
501 Hamilton Blvd
501 Main St
519 Main St
529 Main St
531 Main St
533 Main St
539 Main St
611 Main St
617 Main St
627 Main St
629 Main St
631 Main St
633 Main St
709 Main St
727 Main St
514 N Main St
516 N Main St
706 N William Kumpf Blvd
814 N William Kumpf Blvd
225 NE Adams St
203 NE Jefferson St
217 NE Jefferson St
227 NE Jefferson St
228 NE Jefferson St
229 NE Jefferson St
117 NE Madison Ave
200 NE Madison Ave
202 NE Madison Ave
206 NE Madison Ave
222 NE Madison Ave
234 NE Madison Ave
222 NE Monroe St
237 NE Monroe St
201 SW Jefferson Ave
222 SW Jefferson Ave
109 SW Monroe St
125 SW Monroe St
128 SW Monroe St
129 SW Monroe St
135 SW Monroe St
719 W Main St


If the business address is on the list, they collect 9% and remit the tax to the Illinois Department of Revenue. If the business is subject to the Restaurant/Tavern tax the rate is then 11% with 2% going directly to the City.

No comments:

Post a Comment

This blog was created to Plan the Planet. It is a work in progress - please click here if you wish to propose changes or additions or ask q...