Form Dr-142 - Solid Mineral Severance Tax Return - Florida Department Of Revenue Page 5
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5DR-142
R. 01/06
Instructions for Completing Form DR-142
Page 6
note: If you are using a blank form that does not have
Front page of the return:
the printed rates, you must contact the Department to
line 16
Gross Tax Due: Enter the totals of lines 4, 8 and 15.
determine the applicable rates for the taxable year you
line 17 Sales Tax Credits: If you are claiming credit for
are filing.
sales tax paid on machinery and equipment used
Schedule I:
to increase productive output as provided under
section 212.08, (F.S.), you must attach a copy of
Production of phosphate rock
your approved tax exemption permit (Form DR-
1214). The credit claimed on line 17 of this return
Complete this schedule if you are a producer of phosphate
may not exceed line 16.
rock. Phosphate rock is defined by law as a variable
mixture of calcium phosphates and other minerals that have
line 18a estimated Tax Payments: Enter the total amount
fluorapatite as the dominant phosphatic mineral, found
estimated payments paid.
in bedded deposits of marine origin, including lad-pebble
and river-pebble phosphates. It does not include colloidal
line 18b Payments and Other Credits: Enter credits
phosphatic clays. You must indicate the amount of tons
issued by the Department. (Attach a copy of the
produced by county. Then compute the total number of tons
credit memo or an explanation of Other Payments/
produced on Line 2. Take Line 2 times the tax rate printed
Credits entered.)
on Line 3 to calculate the Gross Tax Due (line 4).
line 19 Total Tax Due: Take the sum of Lines 17, 18a, and
Schedule II:
18b and subtract the sum from Line 16. Enter the
difference on Line 19.
Production of heavy minerals
line 20 Penalty: Payment of delinquent penalty is required
Complete this schedule if you are a producer of heavy
with any return filed after the date the return is
minerals. Heavy minerals are defined by law as minerals
due. If this return is late, compute penalty as
found in conjunction with sand deposits that have a specific
indicated in the General Instructions and enter
gravity of not less than 2.8. Heavy minerals is a term applied
total.
to an admixture of such minerals as zircon, staurolite, and
line 21 Interest: If the return is late, compute interest as
titanium minerals as generally mined in Florida. It is not
necessary to show the county(ies) of productions for heavy
indicated in the General Instructions and enter
minerals. To calculate the gross tax due (line 8), take the
total.
total tons produced (line 6) times the tax rate printed on line
line 22 Total Due with Return: Enter the total of lines 19,
7.
20 and 21. If this amount is a negative amount
Schedule III:
(overpayment), you may apply it as a credit to the
estimated tax for next year or request a refund.
Production of other solid materials
line 23 Credit: Enter the amount to be credited to the
Complete this schedule if you are a producer of any other
estimated payments for next year.
types of solid minerals. List the tonnage production of
each type of solid mineral. Calculate the combined value
line 24 Refund: Enter the amount to be refunded. A
of these solid minerals and enter the dollar amount on line
complete refund application must be submitted
11. Value means the sales price or true market price of the
to the Department including documentation
solid mineral at the point of severance. These minerals are
establishing the overpayment. Interest will be
exempt from severance tax if they are:
paid by the Department if the refund has not been
paid within 90 days of receipt of the complete
• Sold to a governmental agency of the state.
application. Interest paid by the Department will
be computed beginning the 91st day based upon a
• Ultimately subject to sales tax, per Florida Statutes (F.S.)
statutory floating interest rate that may not
212.
exceed 11 percent.
• Extracted for site improvement under an approved
Sign and date the return and mail it with
reclamation project.
your payment to the Florida Department of
• Used for direct application in agricultural uses.
Revenue, 5050 W. Tennessee St., Tallahassee,
Fl 32399-0150. If the payment is made by
Enter the value of the solid minerals that are exempt and
electronic Funds Transfer (eFT), check the box
subtract them from the total value, leaving the total taxable
on the payment coupon.
value on Line 13. Take the value on line 13 times the printed
tax rate on line 14, and calculate the gross tax due.
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