Illinois Compiled Statutes 35 Revenue: Article 4 - Accounting

• Illinois Income Tax Act. - 35 ILCS 5, Section 401
  Taxable Year. (a) In general. For purposes of the tax imposed by this Act, the taxable year of a person shall be the same...
• Illinois Income Tax Act. - 35 ILCS 5, Section 402
  Methods of Accounting. (a) Same as federal. For purposes of the tax imposed by this Act, a person's method of accounting shall be the...
• Illinois Income Tax Act. - 35 ILCS 5, Section 403
  Effect of Determination for Federal Purposes. (a) Reporting. To the extent not inconsistent with the provisions of this Act or forms or regulations prescribed...
• Illinois Income Tax Act. - 35 ILCS 5, Section 404
  Reallocation of Items. (a) If it appears to the Director that any agreement, understanding or arrangement exists between any persons which causes any person's base...
• Illinois Income Tax Act. - 35 ILCS 5, Section 405
  Carryovers in certain acquisitions. (a) In the case of the acquisition of assets of a corporation by another corporation described in Section 381(a) of...

Last modified: February 18, 2015