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ACCOUNTNUMBER
LINE 1.
LINE 2.
LINE 3.
LINE 4.
LINE 5.
LINE 6.
LINE 7.
LINE 8.
LINE 9.
LINE 10.
10a.
10b.
10c.
LINE 11.
LINE 12.
LINE 13.
LINE 14.
Use these instructions for tax periods beginning January 1,2000.
INSTRUCTIONS FOR PREPARING THE
NATURAL GAS OCCUPATION TAX RETURN - 7571
NOTE: YOU MUST ATTACH ALL SITE SCHEDULES TO THIS RETURN. THE TOTALS ON THE SITE SCHEDULES MUST
REPRESENT THE CURRENT TAX YEAR.
Include on this line thegross operating revenue from distributing, supplying, fumisnlng or selling natural gas
Deductions
a. Include on this line the 8% Natural Gas Occupa~on Tax actually collected from the customer.
b. Include on this line receipts from natural gas supp(ied for resale.
c. Include on this line receipts from the sale of natural gas to the City of Chicago.
d. Include on this line receipts from the sale of natural gas to business enterprises certified under Section 9-222.1 of
lUinois Public UtiliZes Act. Note: List business name, address, and exemption number issued by the Chicago
Department of Revenue (attach separate sheet).
e. Total deductions (add lines 2a through 2d).
Receipts subject to tax (subtract line 2e from line 1).
Preprinted tax rate.
Tax due before credit (multiply line 3 by line 4).
Enter the total amount of all the current year's tax payments you have remitted to the depariment.
Enter credit for overpayment of tax only if you have received a letter of credit from the Chicago Department of Revenue. Enter the
letter of credit number and submit the original applicable credit letter or the credit will be disallowed.
Enter total credit balance (add lines 6 and 7).
Enter total tax due (subtract line 8 from line 5). If line 9 is greater than 0, enter the amount owed. If line 9 is less than 0, skip to line 13.
Determine the amount of interest owed based on tax past due,
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............ : ~ ............ ~ ............. :
Enter number of days late (August 16 being one day late, etc.) ...........
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Enter theamountfromline9
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Total amount of interest (10b*
[10a / 365]) *
12%
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.
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. . . . . _ . . . . . .
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• . . . . . .
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EXAMPLE: If you determine that you owe $100,000 on the due date (August 15) and you file and pay the tax on August 26, ~en you are
11 days late in making the payment. The calculation of the interested owed is as follows: [$100,000 * (11/365)] * 12% = $361.64.
Enter 5% of line 9 to compute penalty if tax is not paid when due. The tax is due on or before the 15th day of the second month following the
fiscal year in which taxable receipts are received.
Enter the total tax, penalty and interest due (add lines 9, 10, and 11).
Overpayment. If line 9 is less than 0, enter the amount of overpayment.
If you want the amount of overpayment to be credited to next year's estimated tax, enter a check in the credit box. Otherwise, check
the refund box.
NOTE: Any amounts overpaid will first be applied to deficiencies outstanding for this tax and to deficiencies for any other City of
Chicago tax for which you are registered.
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FOR ADDITIONAL INFORMATION, CALL 312/74719723 (TTY 312/744-2975)
NOTE: YOU MUST COMPLETE ALL INFORMATION ON THIS PAGE FOR THIS RETURN TO BE CONSIDERED COMPLETE.
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