Electricity Use Tax (7578)
|Municipal Code Reference:
|CAPS Code Reference:
|Tax Return Form Code:
Form 7578A (for distributors)
|Applies to the privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the city. Those granted reseller status by the Department should file form 7578A.
|Calculated on a monthly basis
|Exemptions, Deductions and Credits:
|Any electricity distributor who delivers electricity to a reseller having an active resale number will not have to collect or remit the Electricity Use Tax on any portion of the electricity delivered to the reseller, provided that the distributor reports the total amount of electricity delivered to the reseller. The reseller will collect and remit the Electricity Use Tax directly to the Department for the amount of electricity he resold or consumes.
|Rulings and Procedures:
|August 1998 Bulletin: Electricity Use Tax & Infrastructure Maintenance Fee
Businesses registered for Electricity Use Tax with the Chicago Department of Finance.