The Illinois Secretary of State June 11 amended a regulation requiring business organizations to pay franchise tax when filing documents for corporate income tax purposes. The rule includes a measure requiring business organizations to pay the statutory amounts to the Secretary of State when materials are filed, including franchise tax, penalties, interest, filing fees, and other charges, without regard to the application of the filing extension deadline. The regulation took effect May 28. [Ill. Sec’y of State, Reg. Section 150.740, 06/11/21 Ill. Reg.]
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