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Practice Of Real EstateLicense_lawHARD

A licensed Illinois broker's renewal application includes a certification of compliance with state tax obligations. Which of the following scenarios, if true, could expose that broker to disciplinary action under Illinois licensing enforcement?

Correct Answer

C) The broker has unfiled Illinois state income tax returns and certified on the renewal application that all tax obligations were met

Illinois licensing enforcement materials identify failure to file or pay Illinois state income taxes — combined with a false certification of compliance on a renewal application — as grounds for disciplinary action. A broker who has unfiled state returns and then falsely certifies compliance creates both a tax noncompliance violation and a misrepresentation on a licensing document, either of which can support discipline under the License Act.

Answer Options
A
The broker paid all state taxes on time but filed the return two weeks late in one year
B
The broker has outstanding federal tax liens but is current on all Illinois state taxes
C
The broker has unfiled Illinois state income tax returns and certified on the renewal application that all tax obligations were met
D
The broker's business entity owes Illinois sales tax, but the broker personally has no state tax delinquency

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Related Topics & Key Terms

Key Terms:

difficulty_4disciplinary_actionsdisciplinary_grounds_and_enforcementdisciplineillinois_staterenewalscenariotax_compliance

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