To Retailers Individual Occupation Tax, including purchases from: Company not in the business of selling the type of vehicle purchased Unregistered out-of-State dealer Gift or transfer from a private party Lending institution Trucks purchased from a leasing company that is not also in the business of selling passenger cars (these are considered occasional sales) see 86 Ill. Adm. Code 130.110 for more information on occasional sales. Individual Company not.

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