Chicago will reduce its Motor Vehicle Lessor Tax from $2.75 per rental period to $0.50 per rental period. This tax is imposed on the lease of motor vehicles within Chicago on a daily or weekly basis and is charged per the rental period in the lease agreement. This change is effective on January 1, 2026. Further changes can be found here.
Chicago Reduces Motor Vehicle Lessor Tax to $0.50 Per Rental Period
Emily Morillo
January 5, 2026
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Emily Morillo
Emily Morillo is a Junior Regulatory Counsel in the Regulatory Analysis & Design Department at Sovos. Emily focuses on domestic sales & use taxes and related fees. She received her J.D. from Campbell University and her B.A. in Political Science from the University of North Carolina at Wilmington. Emily is a member of the North Carolina State Bar.
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