Alderman Wants Companies Seeking City Subsidies To Disclose Tax InfoAld. Will Burns (4th) and some colleagues have sponsored a measure that would require large corporations seeking financial assistance from the city to declare how much they pay – or don’t pay – in corporate income taxes.
Lawmakers Pushing For Rollback Of Corporate Income Tax HikeIllinois House Republicans – and even some House Democrats – want to roll back the state’s corporate income tax increase, but there’s no serious talk of also rolling back the personal income tax hike.
Bill Would Cut Corporate Taxes For CME, CBOEThe Illinois General Assembly got an early start on a plan to try to keep Chicago's two financial exchange companies in the state Monday, just ahead of today's opening of the fall veto session.
Panel To Study Illinois' Corporate Tax StructureA new legislative panel has been formed to study Illinois’ corporate tax structure. The commission comes as some of Illinois’ largest companies threaten to leave.