Illinois Compiled Statutes 35 Revenue: Article 15 -

• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-1
  Short title. This Article may be cited as the Watercraft Use Tax Law, and references in this Article to "this Law" mean this Article. (Source:...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-5
  Definitions. For the purposes of this Law: "Department" means the Department of Revenue. "Purchase price" means the reasonable consideration paid for a watercraft whether received...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-10
  Tax imposed. A tax is hereby imposed on the privilege of using, in this State, any watercraft acquired by gift, transfer, or purchase after September...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-15
  Rate of tax. The rate of tax is 6.25% of the purchase price for each purchase of watercraft that is subject to tax under this...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-20
  Returns. (a) The purchaser, transferee, or donee shall file with the Department a return signed by the purchaser, transferee, or donee on a form prescribed...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-25
  Filing false or incomplete return. Any person required to file a return under this Law who willfully files a false or incomplete return is guilty...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-30
  Determining purchase price. For the purpose of assisting in determining the validity of the purchase price reported on returns filed with the Department, the Department...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-35
  Powers of Department. The Department has full power to: (i) administer and enforce this Law; (ii) collect all taxes, penalties, and interest due under this...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-40
  Payments to State and Local Sales Tax Reform Fund and General Revenue Fund. The Department shall each month, upon collecting any taxes as provided in...
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-45
  Rules. The Department has the authority to adopt such rules as are reasonable and necessary to implement the provisions of this Law. (Source: P.A. 93-840,...
• Illinois Revenue: Article 15 -
  Amendatory provisions; text omitted
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-990
  (Amendatory provisions; text omitted). (Source: P.A. 93-840, eff. 7-30-04; text omitted.)
• Illinois Revenue: Article 15 -
  Amendatory provisions; text omitted
• Illinois Watercraft Use Tax Law. - 35 ILCS 158, Section 15-995
  (Amendatory provisions; text omitted). (Source: P.A. 93-840, eff. 7-30-04; text omitted.)

Last modified: February 18, 2015