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Kirkham Motorsports

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Old 06-20-2012, 07:57 PM
Avmaviator's Avatar
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Cobra Make, Engine: Kirkham #647 brushed
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Originally Posted by lal Naja View Post
Arno, congratulations! Thanks for the running commentary on your experience.

Can you shed some light on the Illinois sales tax payment. Did you pay the taxes within the 30 day period? If not, did you pay a penalty and how was the penalty calculated.

Thanks,

Arthur
Thanks Arthur!

For the tax issue, we did not pay the taxes within the 30 day period as we were not aware of it (like most people who go through this process unfortunately).
We just filled out the ST-44 form (I'm pretty sure that is the correct form number, but I can check), and we'll wait to see what they give us as a penalty. We actually are talking to a tax attorney who does the business's taxes, to see what he says... I'll comment on all that when I hear more about it. The thing that makes me feel good is that our taxes will be well taken care of in Illinois... (sarcastic hat on)
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Old 06-21-2012, 09:57 AM
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Cobra Make, Engine: Butler Cobra. 350 Chevy Engine, blueprinted, heads cc'd, ported, polished, manifolds matched, big valves, 1.6 roller rockers, TB Injected, mild cam, MSD crank trigger electronic ignition. TKO-600 transmission. XKE Jaguar rear. IFS by Fast Cars
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Originally Posted by Avmaviator View Post
Thanks Arthur!

For the tax issue, we did not pay the taxes within the 30 day period as we were not aware of it (like most people who go through this process unfortunately).
We just filled out the ST-44 form (I'm pretty sure that is the correct form number, but I can check), and we'll wait to see what they give us as a penalty. We actually are talking to a tax attorney who does the business's taxes, to see what he says... I'll comment on all that when I hear more about it. The thing that makes me feel good is that our taxes will be well taken care of in Illinois... (sarcastic hat on)
Great!!! Having factual information about the entire registration process and tax payments would be fantastic for all of here in Illinois. There is such a veil of gloom that seems to shroud the whole process.

And the sales tax payment within 30 days has to be without a doubt an oversight that many/most consumers/Hobbyists encounter when purchasing parts from around the country. This lack of understanding can result in enormous tax consequences.

I look forward to your further reports.

Thanks,

Arthur
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