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Report: Illinois grocery tax end would affect city revenues

Gov. J.B. Pritzker has proposed eliminating Illinois 1% tax on groceries, a move that could mean millions of dollars less revenue for municipalities.

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Amazon MGM Studios series Fallout to relocate to California from New York for tax credit

In a coup for California s film industry, the Amazon MGM Studios series "Fallout" will relocate filming to the Golden State from New York after receiving a tax credit. The series,

New yorkUnited statesLos angelesGolden stateNtertainment and the artsOlitics and governmentAxation and taxesAx credits and exemptionsRts and entertainmentVisual artsNformation and mediaElevision tvNorth americaUnited statesNew yorkLos angeles

Number of students receiving Invest in Kids tax credit scholarships soared in program s final year, according to state data (copy)

In the last year before its demise, the state’s Invest in Kids tax credit scholarship program saw big increases in the number of scholarship recipients, contributions and participating schools.

United statesBobby sylvesterChicago tribuneDepartment of revenueEmpower illinoisWill guzzardiChicago democratIllinois state boardLife and societyOlitics and governmentAxation and taxesAx credits and exemptionsDucational organizationsNorth americaUnited statesHe economy

Number of students receiving Invest in Kids tax credit scholarships soared in program s final year, according to state data

In the last year before its demise, the state’s Invest in Kids tax credit scholarship program saw big increases in the number of scholarship recipients, contributions and participating schools.

United statesBobby sylvesterChicago tribuneDepartment of revenueEmpower illinoisWill guzzardiChicago democratIllinois state boardLife and societyOlitics and governmentAxation and taxesAx credits and exemptionsDucational organizationsNorth americaUnited statesHe economy

Illinois-based Walgreens hit with $2 7B tax bill after IRS audit

The Internal Revenue Service is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing, after several years of audits.

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