Motor Vehicle Lessor Tax (7575)
|Municipal Code Reference:
|CAPS Code Reference:
|Tax Return Form Code:
|The Motor Vehicle Lessor Tax applies to businesses engaged in leasing motor vehicles, for use in Chicago, to a lessee on a daily or weekly basis.
|$2.75 per vehicle per rental period
|Exemptions, Deductions and Credits:
|The Motor Vehicle Lessor Tax does not apply to government bodies which are lessors or taxpayers subject to Ground Transportation Tax. The Ground Transportation taxpayer exemption is not available to a transportation network provider, transportation network driver, or transportation network vehicle owner.
|Rulings and Procedures:
|Motor Vehicle Lessor Tax Ruling 1
Businesses registered for Motor Vehicle Lessor Tax with the Chicago Department of Finance.