Illinois Department of Revenue
 
 
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Who pays personal property replacement taxes?

 
 
Answer #243 -- ( Published 08/23/2005 11:04 AM | Updated 08/08/2012 10:01 AM )

Who pays personal property replacement taxes?

Corporations (IL-1120 filers), partnerships (IL-1065 filers) , trusts (IL-1041 filers), S corporations (IL-1120-ST filers), and public utilities pay these taxes.

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