Ill. Admin. Code tit. 86, pt. 125

Rental Purchase Agreement Occupation and Use Tax

AUTHORITY: Implementing the Rental Purchase Agreement Occupation and Use Tax Act [35 ILCS 180] and authorized by Section 40 of the Rental Purchase Agreement Occupation and Use Tax Act and Sections 2505-790 and 2505-795 of the Civil Administrative Code Illinois (Department of Revenue Law) [20 ILCS 2505]. SOURCE: Adopted at 48 Ill. Reg. 6047, effective April 2, 2024; amended at 49 Ill. Reg. 10759, effective August 8, 2025.DEPARTMENT OF REVENUE

125.100Nature of the Tax 125.105Definitions 125.110Taxes Imposed 125.115Nontaxable Transactions 125.120Returns and Payment of Tax 125.125Registration of Merchants 125.130Revocation of Certificates of Registration 125.135Books and Records 125.140Penalties and Interest 125.145Administration and Enforcement