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What is general merchandise?

Answer #166 -- ( Published 08/09/2005 12:59 PM | Updated 07/12/2017 10:39 AM )

What is general merchandise?

General merchandise is tangible personal property (not real property) that is taxed at a rate of 6.25 percent. In Illinois, the term “general merchandise” does not include certain types of food, drugs, and medical appliances because these items are taxed at a lower rate.

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