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ELECTRONIC TAX RETURNS IFTA MANAGERS AND LAW ENFORCEMENT WORKSHOP MESA 2011

ELECTRONIC TAX RETURNS IFTA MANAGERS AND LAW ENFORCEMENT WORKSHOP MESA 2011. UPCOMING BALLOT. IFTA FULL TRACK PRELIMINARY BALLOT PROPOSAL #XX-2012 Sponsor IFTA Agreement Procedures Committee IFTA Program Compliance Review Committee Date Submitted Proposed Effective Date

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ELECTRONIC TAX RETURNS IFTA MANAGERS AND LAW ENFORCEMENT WORKSHOP MESA 2011

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  1. ELECTRONIC TAX RETURNSIFTA MANAGERS AND LAW ENFORCEMENT WORKSHOP MESA 2011

  2. UPCOMING BALLOT IFTA FULL TRACK PRELIMINARY BALLOT PROPOSAL #XX-2012 Sponsor IFTA Agreement Procedures Committee IFTA Program Compliance Review Committee Date Submitted Proposed Effective Date Manual Sections to be Amended(January 1996 Version, Effective July 1, 1998, as revised) IFTA Procedures Manual Section P700 Subject History/Digest As technology advances, requests from licensees to file their quarterly IFTA tax returns online have increased. Jurisdictions have increasingly accommodated licensees in this regard; some even requiring that licensees file online. It was determined that P700 does not adequately address what should be included or captured in online filings, and what fields should be calculated fields, and what fields require data input from either the licensee, or the base jurisdiction. Therefore, the IFTA Agreement Procedures Committee and the IFTA Program Compliance Review Committee formed a subcommittee, the Electronic Filing Subcommittee to ballot language that would provide guidance and consistency among the jurisdictions, regarding data elements that should be captured in electronic filings. Intent

  3. BALLOT CONTINUED • Interlining Indicates Deletion; Underlining Indicates Addition P700 STANDARD TAX RETURNS {SECTION P730 REMAINS UNCHANGED} • *P720 REQUIRED INFORMATION • Each jurisdiction shall use a standard tax return that shall contain, but not be limited to, the elements listed below: • .100 Paper Returns: • .600 A space for penalty or late filings fees (this space shall indicate that the penalty is $50 or 10 percent of the tax, whichever is greater;($50.00 or 10 percent of the tax, whichever is greater); • .650 A space for the total remittance balance due or credit generated from of the tax return; • .750 A space for the signature of the person filing the licensee’s tax return, unless the licensee is filing electronically in accordance with R940.300 and P160. • .800 A space for the title of the person filing the licensee's tax return; and

  4. BALLOT CONTINUED • .850 A space for the telephone number of the person filing the licensee's tax return. • A space for previous balances may be included. • .200Electronically Filed Returns: A field must be provided for each of the following: • .050Name of the jurisdiction issuing the tax return (system generated); • .100IFTA license number of the licensee; • .150name of the licensee; • .200tax reporting period of the tax return; • .250total distance traveled in all jurisdictions during the tax reporting period, including operations with trip permit, (licensee input field)

  5. BALLOT CONTINUED • .300total fuel consumed in all jurisdictions during the tax reporting period (licensee input field) • .350average fuel consumption factor (to two decimal places) for the tax reporting period (system calculated) • .400fuel type(s) consumed during the tax reporting period (licensee input field) • .450Columns for the jurisdictions in the Agreement, • .500Columns for reporting for each jurisdiction in order (with rounding provided to the nearest whole unit); • .010Tax rate • .015Total miles or kilometers (licensee input field); • .020Total taxable miles or kilometers; • .025Taxable gallons or liters (system calculated);

  6. BALLOT CONTINUED • .030Tax paid gallons or liters (licensee input field); • .035Net taxable gallons or liters (system calculation); • .040Tax due (system calculation); • .045Interest due (system calculation); and • .050Total due (system calculation); • .550Totals for the columns that are listed under P720.500 with the exception of P720.500.010 and P720.500.045 (system calculation); • .600penalty or late filings fees (system calculation); • .650 total balance due or credit generated from the tax return (system calculation); • .700date of the submitted tax return (system generated); • .750signature of the person filing the licensee’s tax return, unless the licensee is filing electronically in accordance with R940.300 and P160.

  7. OF THE 58 JURISDICTIONS IN THE AGREEMENT, 35 JURISDICTIONS ARE CURRENTLY ALLOWING TAX RETURNS TO BE FILED ON LINE

  8. US JURISDICTIONS NH VT WA ME ND MT MA MN OR WI NY ID SD MI WY RI CT PA IA NJ OH NE IL NV IN CA WV DE UT VA CO MO KS KY M D NC DC TN OK AZ SC AR NM MS AL GA TX LA FL

  9. CANADIAN JURISDICTIONS

  10. QUESTIONS

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