On September 1, 1715, King Louis XIV of France died after having ruled for 72 years, the longest reign of a king or queen of any major European country. Many Frenchmen were born and died during his time on the throne and never knew any other monarch.
Illinois Tax Rate. All residents and non-residents who receive income in the state must pay the state income tax. If you work in Illinois but make your residence in Wisconsin, you must pay income tax to Illinois. The state tax rate is 3.75 percent as of 2016. Illinois Tax Credits.
There are NO Illinois Inheritance Tax. All inheritance are exempt in the State of Illinois. If the total Estate asset (property, cash, etc.) is over $5,430,000, it is subject to the Federal Estate Tax (Form 706). The Federal estate tax only affects .02% of Estates. In more simplistic terms, only 2 out of 1,000 Estates will owe Federal Estate Tax.