Fillable Form 10-166 - Amended Crude Oil Tax - Purchaser Report (Page 2 of 4) in pdf

Form 10-166 (Back)(Rev.6-12/3)

Instructions for Completing

Texas Amended Crude Oil Tax Purchaser Report

Who Must File - The amended report is used by purchasers to correct information previously reported or to add new information omitted from your

original purchaser report

For Assistance - For assistance, please call 1-800-252-1384 or 512-463-4600. Forms and additional information are available online at

General Information

The first purchaser of crude oil in Texas must report all transactions even though another party may have assumed the tax liability. The first

purchaser must pay the tax due on all oil purchased from operators or producers when delivery is made on the lease, unless the Comptroller

has given another party written authorization to pay the tax.

The first purchaser may not take a delivery of crude oil from an operator or producer unless the operator or producer furnishes the purchaser an

11-digit taxpayer identification number assigned by the Texas Comptroller.

Round the barrels in each reported item to a whole number. Two decimals are required on all dollar values.

Provide your 11-digit Texas taxpayer number when corresponding with our office.

Statewide Data

Item 1. Report any additional barrels, not reported on the original report, that are unidentifiable as to a specific producer and/or lease. Examples

of unidentifiable oil would be skim oil, tank bottoms, or reclaimed oil as described in Comptroller Rule 3.33. All barrels must be rounded to

whole numbers.

Item 2. Total value of the barrels reported in Item 1. Enter dollars and cents.

Summary Data Instructions

Item 3. Total of all taxable barrels (Item 15) from lease detail supplement(s). Enter whole numbers.

Item 4. Total of all net taxable values (Item 19) from lease detail supplement(s). Enter dollars and cents.

Item 5. Total taxable barrels. Add statewide barrels (Item 1) to taxable barrels from lease detail supplements (Item 3). Barrels must be rounded to

whole number.

Item 6. Total net taxable value. Add net taxable value of "statewide" purchases (Item 2) and net taxable value from lease detail supplements (Item

4). Enter dollars and cents.

Item 7. Calculate the regulatory tax and fee assessment. Multiply total taxable barrels from Item 5 x the regulatory tax and fee assessment rate.

The current rate is 0.008125 which is a combined total of the Oil Field Clean-up Fee of $0.00625 and the Regulatory Tax of $0.001875 per

barrel. Enter dollars and cents.

Item 8. Calculate the tax due. Multiply total net taxable value from Item 6 x 0.046 (4.6%). Enter dollars and cents.

Item 9. Total tax and fee due is the total of the values in Items 7 and 8. Enter dollars and cents.

Item 10. Overpayment. If using a credit in another period(s) to offset tax and fee due, a "Credit Transfer Form for Crude Oil Tax" (Form 10-141)

must be completed in order to move the credit.

Item 11. Subtract the amount of overpayment, if applicable, from Item 9 and enter the amount due.

Item 12. If the amended report results in a liability, calculate penalty and interest due on the balance. If payment is 1-30 days late, a 5% penalty is

assessed on the tax balance due on the due date. If a balance is remaining after 30 days, an additional 5% penalty is assessed on the tax

balance due. Interest begins to accrue on the 61st day after the due date. The interest rate varies annually. For current rate information,

call the Comptroller at 1-877-447-2834 or visit our website at

Item 13. Enter the total amount due in Item 13. The check should equal the amount due and is payable to the State Comptroller.

Form 10-166 - Amended Crude Oil Tax - Purchaser Report Page 2

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