DALLAS, Nov. 4, 2016 /PRNewswire/ -- The City of Chicago announced a new voluntary disclosure program with respect to the 9% amusement tax. This voluntary disclosure program is targeted for businesses that subscribe to and use paid television programming services, including satellite television services. These businesses include bars, restaurants, and any other businesses that subscribe to satellite television services. The city stated that the reason for offering the program is because many businesses were unaware of their obligation to pay the amusement tax. Satellite television providers are exempt from collecting any local taxes as a result of the Federal Communications Act; however, it is the city's position that the Act does not prohibit the city from collecting the amusement tax from satellite television customers. Businesses that have not paid the amusement tax must file for the voluntary disclosure program by December 31, 2016. The program requires that businesses pay all taxes from July 1, 2015 through the date of payment while waiving all penalties and interest. Moreover, all Amusement Tax liabilities, interest, and penalties would be waived for all liabilities prior to July 1, 2015. The city has been expanding the definition of services subject to the amusement tax as noted by the issuance of Ruling Number 5 on June 9, 2015, which was effective July 1, 2015. The Ruling expanded the amusement tax to streaming entertainment services. A class-action lawsuit is proceeding in Cook County Circuit Court against the city with respect to this action. About RyanRyan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. With global headquarters in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a five-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 2,100 professionals and associates serves over 12,000 clients in more than 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at ryan.com.
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