Agenda:
Introduction – 2:00 to 2:10 pm ET
Illinois New Transactional Taxes – Robust Coverage of the New Tax Legislation and Resulting Litigation – 2:10 to 3:40 pm ET (90 min)
- What Happened – Overview of the New Taxes
- Diving Into the Details – Legislation and Litigation by Tax
- Chicago Social Media Amusement Tax
- IL Social Media Fee (aka “Social Media Tax”)
- IL Advertising Services Tax
- IL Gaming/Predictive Markets Tax
- IL Digital Asset Tax
- Q&A and What’s Going to Happen Next?
Break – 3:40 to 3:50 pm ET
Illinois Corporate Income Tax (CIT) Update – 3:50 to 4:30 pm ET (40 min)
- Add-Back Statute Update
- Background on Law Change
- Regulation Status
- What are the Concerns
- Other CIT and/or Franchise Tax Issues
- Q&A
General Q&A and Closing Comments – 4:30 to 4:40 pm ET