Section 130.820  Preservation of Books During Pendency of Assessment Proceedings

If a notice of tax liability has been issued, and if the questions raised by such notice have not been completely disposed of, books and records reflecting receipts received during the period covered by such notice of tax liability must be preserved until the termination of all proceedings before the Department or any other legal proceeding is concluded.

(Source:  Amended at 49 Ill. Reg. 2107, effective February 5, 2025)