5 minutes Date Enacted: Nov 19, 2014
In 2006 an ordinance was passed to exempt carshare organizations from the personal property lease tax. The lease transaction tax amendment eliminates the exemption. The rate of the tax was also increased to 9%. Citation: Chapter 3-32 http://www.cityofchicago.org/content/dam/city/depts/fin/supp_info/Revenue/2015_Tax_Changes_Bulletin.pdf