Illinois would extend a cap on corporate net operating loss deductions, more than double its sports betting tax and reduce sales tax rebates for retailers under a $52.7 billion fiscal year 2025 budget proposed Wednesday by Gov. J.B. Pritzker.
Ill. Gov. Seeks Higher Cap On NOLs, Sports Betting Tax Hike
by usoftax_admin | Feb 21, 2024 | Tax News
