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News – Friday, October 27, 2023
FY 2024-07, Municipal and County Cannabis Retailers’ Occupation Tax Rate Changes, Effective January 1, 2024
Effective January 1, 2024, certain taxing jurisdictions have, by ordinance, imposed or changed their Municipal or County Cannabis Retailers’ Occupation Tax on the gross receipts from sales of adult use cannabis (65 ILCS 5/8-11-23, 55 ILCS 5/5-1006.8).
For more information, see FY 2024-07, Municipal and County Cannabis Retailers’ Occupation Tax Rate Changes, Effective January 1, 2024.