Tax Trends

The newsletter of the ISBA’s Section on State & Local Taxation

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2015 Articles

Assessor Attorney, Representative, and Appraiser Meeting: 2015 Triennial Assessment By Thomas A. Jaconetty March 2015 Thomas Jaconetty, Deputy Assessor, Valuation and Appeals in the Cook County Assessor Office, shares his report from the Assessor Attorney, Representative, and Appraiser meeting held on February 19th.
Chair’s farewell By Stanley R. Kaminski June 2015 A message from Section Chair Stanley Kaminski as he finishes his term.
Chair’s note By Gary Smith July 2015 A message from the 2015-16 Section Chair, Gary Smith.
City of Chicago extends effective date of lease tax ruling until January 1, 2016 due to cloud tax concerns By David J. Kupiec, Natalie M. Martin, & Evan W. Schanerberger August 2015 On June 30, 2015, the City of Chicago issued a release titled “Personal Property Tax Ruling 12 Effective 7-1-2015,” which officially extended the effective date of Lease Tax Ruling #12 from September 1, 2015 to January 1, 2016.
Class 7c tax incentive—Commercial Urban Relief Eligibility (CURE) By Brian Liston June 2015 The Class 7c Tax Incentive provides the same tax relief as a Class 7a, 7b or 8 Tax Incentive; however, due to the relaxed requirements to obtain the Incentive, the Class 7c only lasts five years while the Class 7a, 7b or 8 lasts 12 years.
Cook County Board of Review introduces a new digital filing system By Michael M. Cabonargi August 2015 A brief history of the technological advances of the Board of Review prior to its new Digital Appeals Processing System (DAPS), the Board of Review's efforts to design and implement DAPS, and the benefits this new system will provide.
The Cook County Wage Theft Ordinance of 2015—The impact on property tax incentives By Donald T. Rubin July 2015 An explanation of this new amendment, which went into effect on May 1st of this year.
Illinois appellate court allows City of Chicago to expand tax jurisdiction to short-term rentals of vehicles outside its borders that involve Chicago residents By Stanley R. Kaminski October 2015 Hertz and Enterprise Leasing v. City of Chicago is a landmark case since it is the first time in Illinois or nationally that a court has allowed a taxing body to extend its tax collection and regulatory powers to extraterritorial activities and transactions based solely on an administrative presumption that a taxable use would be presumed to occur in the future in the taxing jurisdiction, unless the lessor proves otherwise.
Illinois EDGE credits By Keith Staats November 2015 In light of the recent discussions regarding the EDGE credit, author Keith Staats reviews the statutory basis of the credit and how the credit has been utilized since the enactment of the credit in 1999.
Judicial review of tax objection settlements: Adequate representation of the public interest By Thomas J. McNulty December 2015 The recent case of Taxpayers: 101 East Crossroads LLC v. Weber has invited the court to consider the issue of adequate representation by the state’s attorney in a tax objection settlement.
New Class 7c tax incentive provides opportunities for newly constructed or vacant commercial properties By Kevin Fanning May 2015 The newly minted 7c classification was created with an eye towards grocery stores and food deserts, but its broad-ranging eligibility requirements provides strong potential for other commercial properties throughout Cook County looking to expand or rehabilitate.
1 comment (Most recent May 27, 2015)
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski December 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski November 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski October 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski September 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski August 2015 An introduction to the issue from editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski June 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stanley Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski May 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stanley Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski April 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stanley Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski March 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski February 2015 An introduction to the issue from co-editors Mary Ann Connelly and Stan Kaminski.
A note from the co-editors By Mary Ann Connelly & Stanley R. Kaminski January 2015 A message from co-editors Mary Ann Connelly and Stan Kaminski.
An overview of the PILOT programs implemented to help offset revenue losses from property tax exemptions given to non-profit institutions By Jennifer Thomas February 2015 A thorough examination of PILOT programs and how they can be a strategy for local governments to consider.
Palos Bank and Trust Co. v. Illinois Property Tax Appeal Board and Cook County Board of Review 2015 IL App 143324 (First District) (decision filed September 30, 2015) By Mary Ann Connelly October 2015 In this case the Appellate Court affirmed judgment of the circuit court dismissing the complaints for administrative review
PTAB clarifies uniformity standards for income properties By Scott L. Ginsberg February 2015 A summary of the recent decisions of Momence Community School District and JJS, Inc.
Recent Georgia case illustrates how not filing a tax bulk sales notice in an asset purchase can be costly to the buyer By Timothy E. Moran September 2015 A look at the ramifications of Douglasville Hospitality, Inc. v. Riley, Georgia Tax Tribunal.
Recent tax-related developments and legislation By Timothy E. Moran September 2015 Sometime this month the Cook County Treasurer’s Office will be unveiling a new format for the calculation of refund amounts in Specific Objection complaints.
Rewarding high state taxes: An article on the public policy impact of Comptroller of the Treasury of Maryland v. Wynne By James Posluszny April 2015 This case, recently argued before the U.S. Supreme Court, could have a profound impact on tax law.
Tax updates for Chicago By Stanley R. Kaminski July 2015 The Chicago Department of Finance has issued two new administrative rulings to be enforced as of September 1, 2015.
United States Supreme Court holds that “similarly situated competitors” in a jurisdiction represent a comparison class and equivalent comparable state taxes to be considered in deciding discrimination By David J. Kupiec, Natalie M. Martin, & Evan W. Schanerberger May 2015 A summary of the recent case of Alabama Department of Revenue et al. v. CSX Transportation, Inc.