Ill. Admin. Code tit. 86 § 423.125
Current through Register Vol. 48, No. 45, November 8, 2024
Any cannabis retailer required to collect the Tax imposed by the Law shall be liable to the Department for the Tax, whether or not the Tax has been collected by the cannabis retailer, and any Tax shall constitute a debt owed by the cannabis retailer to this State. To the extent that a cannabis retailer required to collect the Tax has actually collected that Tax, the Tax is held in trust for the benefit of the Department. [410 ILCS 705/65-25]
Ill. Admin. Code tit. 86, § 423.125