Illinois: Chicago Finance Department Announces Liquor Tax Update

Feb. 12, 2026, 8:44 PM UTC

The Chicago Department of Finance announced that effective March 1, a 1.5 percent tax will be imposed on the purchase of all alcoholic beverages from retailers when the beverages are intended to be consumed off the premises where the purchase occurs. The announcement also includes collection and remittance requirements of the liquor tax. [Chi. Dep’t of Fin., Liquor Tax Changes, 02/11/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.

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