Learn about the tax rate and how it impacts consumers and businesses. The alternate options put on the table would replace mayor brandon johnson's corporate head tax with higher garbage collection fees, liquor taxes, an expanded downtown congestion zone and tens of. The chicago home rule municipal soft drink occupation tax is imposed on persons who sell canned or bottled soft drinks at retail in chicago The rate is 3 percent of gross receipts from soft drinks sold at retail. We detail the scope, financial structure, compliance rules, and political repeal. Cook county, illinois, is set to become the latest jurisdiction to levy a tax on sugary drinks
The new tax, which will go into effect on july 1, will add a penny per ounce to the cost of all sugary drinks, including sodas, sports drinks and fruit juices. One idea being floated by city leaders includes increasing liquor taxes, a move that could have adverse effects on locally owned restaurants in chicago It is expected to generate another $10 million in tax proceeds. The hospitality industry says it can't afford any new tax after feeling the pinch from the rise in labor costs this year because of the increase for tipped workers. As of may 2025, eight u.s Cities and dozens of countries have implemented sweetened beverage taxes
