 |
                      |
 |
Locally Imposed Taxes – General Information
Hotel/Motel Tax ~
Alcoholic Beverage Tax ~
Food & Beverage Tax ~
Motor Fuel Tax ~ City Sales Tax ~ Questions?
Hotel/Motel
Tax (6%):
 | There is a 6% tax on gross receipts from room rentals. Current authorized deductions: rooms rented to persons as their principal place of residence (Supporting Documents must accompany return). |
| An ordinance revision granting 1% Prompt Payment Compensation and a change in the filing due date was passed May 4, 2004. You are entitled to keep 1% of the tax due for the collection and prompt payment of this tax if filing and payment is made by the due date. |
| Taxes are due the 25th of the month succeeding the
filing month. Payments made after the 25th are assessed 5% penalty and 2%
interest per month. The portion of the month from the 26th through the end
of the month is a partial month and charged the monthly penalty and
interest rate. If payment is not made until the following month, 10%
penalty and 4% interest rates apply. Once a notice of delinquency is sent,
the 2% interest per month plus a 25% Failure-to-File Penalty fee are
assessed. Alcoholic Beverage Tax (1% - 3%): |
| There are taxes on total gross receipts from the sale of alcoholic beverages. The rate changes took effect September 1, 2006. The new rates are as follows: 3% for package liquor stores, including grocery stores. 1% for restaurant and bars. |
| An ordinance revision granting 1% Prompt Payment Compensation and a change in the filing due date was passed May 4, 2004. You are entitled to keep 1% of the tax due for the collection and prompt payment of this tax if filing and payment is made by the due date. |
| Taxes are due the 25th of the month succeeding the
filing month. Payments made after the 25th are assessed 5% penalty and 2%
interest per month. The portion of the month from the 26th through the end
of the month is a partial month and charged the monthly penalty and
interest rate. If payment is not made until the following month, 10%
penalty and 4% interest rates apply. Once a notice of delinquency is sent,
the 2% interest per month plus a 25% Failure-to-File Penalty fee are
assessed. Food & Beverage Tax (2%): |
| If you do not sell fuel, select “Hotel/Alcohol/Food &
Beverage Form”. If you do sell fuel, select “Motor Fuel/Food & Beverage Form”. |
| There is a 2% tax on total gross receipts from the sale of food & beverages, including alcoholic beverages. This tax went into effect May 1, 2004. Please call 217-431-2330 with questions on exclusions. |
| There is a 1% Prompt Payment Compensation for the collection and prompt payment of this tax. You are entitled to keep 1% of the tax due if filing and payment is made by the due date. |
| Taxes are due the 25th of the month succeeding the
filing month. Payments made after the 25th are assessed 5% penalty and 2%
interest per month. The portion of the month from the 26th through the end
of the month is a partial month and charged the monthly penalty and
interest rate. If payment is not made until the following month, 10%
penalty and 4% interest rates apply. Once a notice of delinquency is sent,
the 2% interest per month plus a 25% Failure-to-File Penalty fee are
assessed. Top Motor Fuel Tax ($.01/Gal.): |
| There is a $.01 per gallon tax on total gross gallons
of fuel. This tax went into effect May 1, 2004. Current exemptions are
diesel fuel, kerosene and aviation fuel, or mixtures used in the heating
of buildings. |
| An ordinance revision granting 1% Prompt Payment
Compensation and a change in the filing due date was passed May 4, 2004.
You are entitled to keep 1% of the tax due for the collection and prompt
payment of this tax if filing and payment is made by the due date. |
| Taxes are due the 25th of the month succeeding the filing month. Payments made after the 25th are assessed 5% penalty and 2% interest per month. The portion of the month from the 26th through the end of the month is a partial month and charged the monthly penalty and interest rate. If payment is not made until the following month, 10% penalty and 4% interest rates apply. Once a notice of delinquency is sent, the 2% interest per month plus a 25% Failure-to-File Penalty fee are assessed. |
| The City sales tax rate was increased to 1.25%
effective July 1, 2004. The current breakdown of the total tax rate is as
follows: Effective July 1, 2004: 5.00 State of Illinois 1.00 City of Danville (Mandated by the State) 1.25 City of Danville (Locally imposed, collected by the State) .50 Vermilion County 7.75% Total General Merchandise Tax Rate These taxes are collected by the State of Illinois and disbursed monthly to municipalities. |
| QUESTIONS? Contact the City of Danville
Finance Department at 217-431-2330 or Email
athompson@cityofdanville.org
with questions. |
 |
 |
 |
