Motor Vehicle Lessor Tax (7575)

  

Municipal Code Reference: 3-48
CAPS Code Reference: 1002920051987
Tax Return Form Code: Form 7575
Procedure: 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.
Tax Base: $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