Instructions For Preparing The Chicago Wheel Tax Return (Form Bcll) 2000

ADVERTISEMENT

m
ACCOUNT NUMBER
Use these instructions for tax pedods beginning January 1,2000.
INSTRUCTIONS FOR PREPARING THE
CHICAGO WHEEL TAX RETURN - B C l l
NOTE: YOU MUST ATTACH ALL SITE SCHEDULES TO THIS RETURN. THE TOTALS ON THE SITE SCHEDULES MUST
REPRESENT THE CURRENT TAX YEAR.
m
This return must be accompanied by a certificate from an independent C.P.A. attesting to an audit which shows that the amount of Chicago
rental revenue reported is computed in accordance with the requirements o f chapter 3-32 of the Municipal Code of Chicago and that national
rental revenue, fleet size, additions and transfers are accurately reported for the relevant periods. This certificate is an integral part of the return
and if it is not submitted with the return, the return will be deemed incomplete. Late filing penaltiee will be assessed in these cases. See Uniform
Revenue Procedures Ordinance Ruling #1 dated 919196.
LINE 1.
LINE 2.
LINE 3.
LINE 4.
LINE 5.
LINE 6.
LINE 7.
LINE 8. a.
Enter the Chicago rental revenue for the period of April 1 of the prior year through March 31 of the current year. CNcago rental
revenue means all revenue derived from rental of automobiles in a rental fleet as computed for the purposes of the Chicago Personal
Property Lease Transaction Tax, Chapter 3-32 of the Municipal Code of Chicago.
Enter the national rental revenue for the pedod of April 1 of the pdor year through March 31 of the current year. National rertal
revenue means all gross consideration for renting of passenger automobiles at all locations in the United States valued in money
whether received in money or otherwise. National rental revenue does not include charges for insurance, fuel, or taxes (see Section
3-56-010 of the Municipal Code of Chicago.
Calculate the Chicago Rental Percentage by dviding line 1 by line 2 (carry 4 decimal places).
Enter the number of automobiles in the national rental fleet as of March 1 of the current year. "Rental fleet" means passenger
automobiles under common ownership and used in an automobile rental business.
Number of vehicles subject to wheel tax license (multiply line 3 by line 4).
Preprinted tax rate.
Amount of fleet tax due (multiply line 5 by line 6).
Enter the number of vehicles added to the rental fleet during the period of March 1
to June 30 of the pdor year .................................................
Tiil
............. ill
T iil ii
8b.
Enter the Chicago Rental Percentage calculated on line 3
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i .......... iil ii ............. ii iil
i;i iil ¸¸¸¸i!
8c.
Number of additional vehicles subject to wheel tax license (multiply line 8a by 8b).
8(:1.
Prorated wheel tax license fee ...............................................................................
$40.00
Be.
Amount of additional transfer tax due from prorated fee (8c * 8d). Enter here and
on line 8 on the front ................................................................................
!``.~.~`~T~`~.~:~`~!:~ ~`~:!~.~;:~..~.:!~`~`:~``~:~.~.~.~:~
":""""""
LINE 9. a. Enter the number of vehicles added to the rental fleet during the period of July 1
of the prior year through February 28 of the current year .....................................
i
9b.
Enter the Chicago Rental Percentage calculated on line 3 ...................................
9c.
Number of additional vehicles subject to wheel tax license (multiply line 9a by 9b).
9d.
Wheel tax license fee ...........................................................................................
$75.00
,.:. - .:....,...:.....
H ,.H
.,..
-. .........
i
9e.
Amount of additional transfer tax due (9c * 9d). Enter here and on line 9 on the front.
: .................... ii ............ !i ............. i! ......... i! ........... if! ''¸¸I) ........... ii ......... ii: .......... il .......... il
:
::
::
::
............. ii .......... ii ......... !i ........... ii ............. ii ............. )i ............. ii ............ i! ............ iiiiii~iL, i ~ ........... il
Page 1
11021
Rev 004 0615

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2