Ill. Admin. Code tit. 14 § 580.170

Current through Register Vol. 49, No. 2, January 10, 2025

Section 580.170 - Form of Application

Application for the building materials exemption shall be submitted on the standard application form provided by the Department. An application shall include:

a) Taxpayer's fully executed REV Illinois credit agreement with the Department;

b) Name, address, and Federal Employer Identification Number of the construction contractor or other entity;

c) The estimated amount of the exemption for each construction contractor or other entity for which a request for a REV Illinois building materials exemption Certificate is made, based on a stated estimated average tax rate and the percentage of the contract that consists of materials; and

d) The period of time over which supplies for project are expected to be purchased.

Ill. Admin. Code tit. 14, § 580.170

Adopted at 47 Ill. Reg. 7058, effective 5/9/2023