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.
The key differences between the Illinois estate tax system and the federal estate and gift tax regime are as follows: The Illinois estate and generation-skipping tax exemption is $4 million, while the federal estate and generation skipping tax exemption is $5.25 million in 2013. The Illinois estate tax exemption is not indexed for inflation. The federal estate tax exemption is indexed for inflation and has increased by $250,000 since 2011 due to the inflation adjustment.