Illinois charges a 6.25% sales tax for sales within the state. There are many exceptions to sales tax in Illinois, some of the most common exceptions are movie tickets, food purchased at grocery stores, food sold in a student cafeteria, newspapers, some Internet sales, and sales by nonprofit organizations.
The Ohio General Assembly established the CAT in 2005 as part of a series of tax reforms in the FY 06-07 budget (Am. Sub. HB 66). HB 66 phased-in the CAT and simultaneously phased-out the state corporate franchise tax and local tangible personal property tax for most businesses.
G.S. 105--228.22 through G.S. 105--228.27 was recodified to move the. provisions concerning taxation of savings and loan institutions from. Article 8D to the regular corporate income and franchise tax statutes. found in Articles 3 and 4 of Chapter 105 of the North Carolina Revenue. Laws.