- Tax liabilities for tax periods prior to January 1, 2012 for any taxpayer or tax collector who is not registered with the Department of Finance for the tax (i.e. non-filers);
- Tax assessments issued prior to January 1, 2012, where the taxpayer failed to respond to the Department of Finance’s findings that taxes were owed; and
- Tax due on real property transfers that took place prior to January 1, 2012.
Relief under this program is not available for any tax (a) at issue in a case currently pending at the Department of Administrative Hearings or a court of competent jurisdiction or (b) as to which the City has obtained an order from the Department of Administrative Hearings or a judgment from a court of competent jurisdiction. Further, the program is not available to any person who is a party to any criminal investigation or to any civil or criminal litigation which is pending in Illinois courts or the Department of Administrative Hearings concerning fraudulent conduct in relation to any debt owed to the City.
The program will run from November 15, 2015 through December 31, 2015. In order to receive the full benefit of the program, the eligible tax debt must be paid in full by December 31, 2015. If a person cannot pay in full by December 31, 2015, the person may enter into a payment plan. However, to the extent any eligible tax debt is not paid in full, the Department of Finance has advised us that it will assess applicable interest and penalties as of the original tax return or payment due date on the unpaid balance of the tax at the close of December 31, 2015.
Applications can be obtained online at http://www.cityofchicago.org/finance, by phone at (312)747-4747 or in person at the Department of Finance, DePaul Center – Suite 300, 333 S. State Street, Chicago, IL 60604-3977.
If you have any questions regarding this Sidley Update, please contact the Sidley lawyer with whom you usually work, or
|Scott J. Heyman
+1 312 853 7501
|Richard M. Silverman
+1 312 853 4105
Sidley Tax Practice
Sidley Real Estate Practice
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Sidley Austin provides this information as a service to clients and other friends for educational purposes only. It should not be construed or relied on as legal advice or to create a lawyer-client relationship.
Furthermore, this Tax update was not intended or written to be used, and cannot be used, by any person for the purpose of avoiding any U.S. federal, state or local tax penalties that may be imposed on such person.
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