Chicago Sykline
Supporting Information Facts

Department:

People We Serve:

Programs & Initiatives:

City Services

Parking Tax (7530)

 

 

Municipal Code Reference: 4-236
CAPS Code Reference: 1002920051115
Tax Return Form Code: Form 7530
Procedure: The Parking Tax applies to businesses that operate parking lots, which must collect the tax from customers and remit to the City of Chicago.
Tax Base:

AS OF 7-1-2013:

20% for daily parking during the week as well as all weekly and monthly parking.

18% for daily parking on the weekends

 

 

PRIOR TO 7-1-2013

Daily Tax Rate:
$2 and under -- no tax due
$2.01 - 4.99 -- $1.00
$5 - 11.99 -- $1.75
$12 or more -- $3.00 (Saturday through Sunday) -- $5.00 (Monday through Friday)

Weekly Tax Rate:
$10 and under -- no tax due
$10.01 - 24.99 -- $5.00
$25 - 59.99 -- $8.75
$60 or more -- $25.00

Monthly Tax Rate:
$40 and under -- no tax due
$40.01 - 99.99 -- 20.00
$100 - 239.99 -- $35.00
$240 - 299.99 -- $90.00
$300 - 399.99 --$110.00
$400 or more -- $120.00

 

Exemptions, Deductions and Credits: The Parking Tax does not apply to residential off-street parking of house or apartment tenants or condominiums required by the City of Chicago Zoning Ordinance, wherein an arrangement for such parking is provided in the house or apartment lease or in a separate writing between the landlord and tenant, or if in a condominium between the condominium association and the owner, occupant or guest of a unit, whether the parking charge is payable to the landlord, condominium association, or to the operator of the parking lot or garage.
Rulings and Procedures:

Parking Tax Ruling 1 - Residential off-street parking exemption
Parking Tax Ruling 2 - Valet parking operators.
Parking Tax Ruling 3 - Advertised rates.

June 2013 Information Bulletin - Parking Tax percentage based rate changes effective 7-1-2013

December 2011 Information Bulletin - Parking Tax rate increases effective 1-1-2012

February 2000 Information Bulletin - Parking Tax Amendments/Record-Keeping Requirements
December 1999 Information Bulletin - Parking Tax for Registered Parking Lots and Garage Operators