• City of Chicago Transfer Tax Declarations must be filed online beginning in 2016.

    December 22, 2015 | Blog
  • Effective January 1, 2016, all City of Chicago transfer tax declarations must be filed online through MyDec.  MyDec allows individuals, law firms, and settlement agencies (e.g. title companies) to file transfer tax declarations online and view declarations they have already created. Users can track the status of, and make corrections to, the declaration at any time before the declaration is finalized.  Penalties may be imposed for failure to comply with the ruling.  The full ruling can be found at URPO Ruling #5.