If no return is filed before the issuance of a notice of tax deficiency or of tax liability to the taxpayer, any failure to file penalty may not exceed 25% of the total tax due for the applicable reporting period for which the return was required to have been filed. A local tax administrator may determine that the failure to file a return was due to reasonable cause and abate the penalty.
50 ILCS 45/60
Failure to file penalty
Known as the Local Government Taxpayers' Bill of Rights Act
The act spans §§ 50-45-1 to 50-45-99 (20 sections).
P.A. 91-920, eff. 1-1-01.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.