The village collects and administers a variety of locally imposed taxes to fund services provided. The village collects a tax on amusements, automobile leasing, prepared food and beverages, real estate transfers and telecommunications. The village also collects a 1 percent home rule sales tax on the purchase of general merchandise, excluding groceries and licensed vehicles. The home rule sales tax is collected by the Illinois Department of Revenue and remitted to the village.
Rates for taxes paid to the Village are as follows:
The village also requires the payment of fees associated with certain services provided by the village or licenses and permits. These fees can be found in the village fee schedule. It is also part of the Village Code which is available online as well.
Title 3, Chapter 36 of the Village Code imposes a 5% amusement surcharge on any fee or charge made for admission to any amusement event. An amusement event is defined as any event, activity, exhibition, performance, presentation, or show for entertainment purposes which is staged in the village. The amusement surcharge is not assessed against any show or event not open to the general public, or amusements sponsored by religious, educational, charitable or governmental entities. Admissions charges paid by religious, educational, charitable, or governmental groups at other amusements is subject to the surcharge. The amusement surcharge is imposed on the amusement patron and collected by the amusement owner. The amusement owner remits all surcharges collected on a monthly basis, along with the appropriate amusement tax form. For further information on the amusement tax, please refer to Title 3, Chapter 36 of the Village Code or contact the Finance Department at 847.923.4532. Amusement Tax Packet.pdf
Automobile Lease Tax
Title 3, Chapter 36 of the Village Code imposes a tax on the privilege of leasing a motor vehicle from a business located in the Village, whether on a daily, weekly, monthly or yearly basis. The tax is $1.00 per vehicle per leasing period. The lessee is responsible for paying the tax, and the lessor is responsible for collecting the tax and remitting it to the Village on a monthly basis and by submitting the automobile lease tax form. For further information on the automobile lease tax, please refer to Title 3, Chapter 36 of the Village Code, or contact the Finance Department at 847-923-4537.
Food and Beverage Tax
Title 3, Chapter 36 of the Village Code imposes a 2% tax on the retail purchase of alcoholic liquor, food or beverages at any retail food facility or retail liquor facility. The food and beverage tax is in addition to the applicable sale tax. The tax is imposed on the purchase of the prepared food or liquor, and collected and remitted monthly by the retail facility along with the food and beverage tax form. The tax is to be remitted by the last day of the calendar month following the month of sales. For further information on the food and beverage tax please refer to Title 3, Chapter 36 of the Village Code or contact the Finance Department at 847-923-4532. Food and Beverage Tax Packet
Hotel and Motel Tax
Title 3, Chapter 36 of the Village Code imposes an 8% tax on the use and privilege of renting, leasing or letting rooms in a motel or hotel in the Village. The owner of the hotel, motel, bed and breakfasts, or short term rentals are responsible for collecting and remitting the tax to the Village. Accommodations that are leased to an occupant for more than 30 consecutive days are exempt from the tax. Owners of hotels, motels, bed and breakfasts, or short term rentals are required to submit the hotel and motel tax collected on a monthly basis along with a hotel and motel tax packet. The form and payment are due no later than the last day of the calendar month following the reporting month. For further information on the Hotel and Motel Tax please refer to Title 3, Chapter 36 of the Village Code, or contact the Finance Department at 847.923.4532
Home Rule Sales Tax
The Village of Schaumburg does impose a 1% home-rule sales tax that is administered and collected by the State of Illinois. The home-rule sales tax does not apply to the purchase of groceries, drugs, or licensed vehicles.
Real Estate Transfer Tax
Title 3, Chapter 36 of the Village Code imposes a tax on the transfer of title to real estate located in the village. The rate of the tax is $1 per $1,000 of value, or fraction thereof. The primary liability for the tax lies with the seller or grantor of the real estate. A transfer tax declaration form must be filed with the village along with payment of the tax. The form and payment are to be mailed or delivered to the village's Finance Department at 101 Schaumburg Court.
For further information on the real estate transfer tax, refer to Title 3, Chapter 36 of the Village Code or contact the Finance Department at 847.923.4539.
Exempt Transactions: There are various real estate transactions that are exempt from the transfer tax. A list of exempt transactions can be seen by opening the link in this section. A $10 processing fee is applied to all exempt transactions.
Tax Refund: A grantor or seller who has paid the tax may be eligible for a refund of the tax if he or she; (1) previously occupied the dwelling unit as a principal residence, (2) did not rent or lease any portion of the dwelling unit to another person, (3) subsequently purchases and occupies a dwelling unit within the village as principal residence within one year of the date of payment of the tax, and (4) requests the refund within six months of the date the subsequent Schaumburg property is purchased.
Unused Stamp: A refund for any unused transfer stamp will only be given within six months of the date of issuance. There is a processing fee of $10 that will be deducted from the refund.
The Village of Schaumburg imposes a 6% simplified telecommunications tax. The tax is administered and collected by the State of Illinois.
Volunteer Income Tax Assistance Program
Call 1.800.906.9887 to locate the nearest VITA site.
The IRS Volunteer Income Tax Assistance Program (VITA) and the Tax Counseling for the Elderly (TCE) Programs offer free tax help for taxpayers who qualify.
For more information, visit the IRS website.