Form 48 - Idaho Kilowatt Hour (Kwh) License Tax Statement printable pdf download

IDAHO KILOWATT HOUR (KWH) LICENSE TAX STATEMENT

EFO00159

06-15-15

TAX ON HYDROELECTRIC ENERGY GENERATED IN IDAHO FOR BARTER, SALE, OR EXCHANGE

FOR THE MONTH ENDING ___________________________, ____________________

(Year)

(Month)

Name of Producer

Social Security number or EIN

Producer's current mailing address

City, state, and ZIP Code

COMPUTATION OF TAX DUE

1. Total adjusted KWH from Idaho hydroelectric power plants. Amount from line 5, page 2 ......................

2. KWH sold to Idaho customers .................................................................................................................

3. Percentage of total adjusted KWH from Idaho hydroelectric power plants to KWH sold to Idaho

customers. Line 1 divided by line 2 ........................................................................................................

4. Less exemptions:

a. KWH used to irrigate land in Idaho ..................................................................................................... 4a

b. KWH for industrial use in Idaho .......................................................................................................... 4b

c. Total KWH exemptions. Add lines 4a and 4b ..................................................................................... 4c

5. Net irrigation and industrial KWH exemption. Multiply line 4c by line 3 ..................................................

6. Net taxable KWH. Line 1 minus line 5 ....................................................................................................

7. Tax due. Multiply line 6 by 1/2 mil (.0005) ..............................................................................................

8. Interest from due date .............................................................................................................................

9. Penalty ....................................................................................................................................................

10. Total due. Add lines 7, 8, and 9 .............................................................................................................. 10

SIGNATURE AND VERIFICATION

Under penalties of perjury, I declare that to the best of my knowledge and belief this return is true, correct, and complete.

Signature of officer/owner

Date

Paid preparer's signature

Preparer's EIN, SSN, or PTIN

SIGN

Title

Phone number

Address

Phone number

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