HB0821 Summary: Revenue - Electronic Filing

• Requires electronic filing of tax returns beginning January 1, 2018 for retailers, servicemen, and other businesses with annual gross receipts averaging $20,000 or more under the Retailers' Occupation Tax Act, Use Tax Act, Service Occupation Tax Act, and Service Use Tax Act.

• Allows the Department of Revenue to waive the electronic filing requirement for taxpayers who demonstrate lack of internet access or hardship in filing electronically.

• Restricts vendor discounts (1.75% or 2.1%) to returns filed in the manner required by law, effective for returns filed under multiple tax acts.

• Requires tire retailers and suppliers to electronically file returns under the Used Tire Management Act beginning January 1, 2018, with similar hardship waiver provisions.

• Modifies the Prepaid Wireless 9-1-1 Surcharge Act and Public Utilities Act to require electronic filing for seller deductions and assessments beginning January 1, 2018, with comparable hardship exemptions.