Franchise Taxes: What Are They and When Are They Due?
https://www.rocketlawyer.com/business-and-contracts/business-operations/small-business-taxes/legal-guide/franchise-taxes-what-are-they-and-when-are-they-due
WEBFeb 15, 2023 · The due date for most businesses to pay their franchise taxes is April 15 unless the business operates on a fiscal tax year. Illinois enacted legislation in 2019 to repeal its franchise tax by January 1, 2024. However, new legislation in 2021 revived the Illinois franchise tax and repealed its planned elimination.
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