Form Rpd-41164 - New Mexico Alternative Fuels Excise Tax

Download a blank fillable Form Rpd-41164 - New Mexico Alternative Fuels Excise Tax in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Rpd-41164 - New Mexico Alternative Fuels Excise Tax with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

RPD - 41164
New Mexico Taxation and Revenue Department
REV. 07/2010
Special Tax Programs and Services
ALTERNATIVE FUELS EXCISE TAX INSTRUCTIONS
WHO MUST FILE: Registered distributors who dispense liquefied petroleum gas, compressed natural gas, liquefied natural
gas or A-55 into the storage tank of a motor vehicle. The imposition of tax occurs when the fuel is distributed into the stor-
age tank.
WHEN TO FILE: Reports and remittance are due on the 25th day of the month following the end of each calendar quarter.
LINE INSTRUCTIONS
1) Total gallons of alternative fuel sold.
2) Allowable exemptions. Exemptions for this act are sales to the US government, state government, Indian nation, tribe
or pueblo, agencies and instrumentalities for their exclusive use.
3) Allowable deductions. Deductions for this act are alternative fuel sold to alternative fuel permit holders.
4) Total gallons sold, less allowable exemptions and deductions.
5) $.12 per taxable gallon
6) Add penalty if you file late and owe tax, or you do not pay the tax on or before the date the return is due. Calculate
penalty by multiplying the unpaid amount on line 5 by 2%, then by the number of months or partial months the payment is
late, not to exceed 20% of the tax due, or a minimum of $5.00, whichever is greater. THE MINIMUM $5.00 PENALTY IS
IMPOSED FOR FAILURE TO FILE A TIMELY REPORT, EVEN IF NO TAX IS DUE.
7) Interest accrues daily on the unpaid principal of tax due. Effective January 1, 2008, the interest rate charged on out-
standing tax debt is reduced from 15% per year to the annual rate established each quarter by the IRS and can change on
a quarterly basis. For taxes owed, interest will be charged at the 15% annual rate up to December 31, 2007, which equals
a daily interest rate of .041%. Beginning January 1, 2008, interest will be computed on a daily basis at the rate established
for individual income tax purposes by the U.S. Internal Revenue Code (IRC). The IRC rate for each quarter is announced
by the Internal Revenue Service in the last month of the previous quarter. The annual and daily interest rates are posted on
the Department's web page at
8) Add lines 5, 6 and 7. Make check or money order payable to NM Taxation & Revenue Department. Indicate alternative
fuels on your check.
Upon completion of the form, sign, date and enter your phone number and E-mail address on return. Retain a copy of this
return for your records and for audit verification.
Detach and return to: NM Taxation and Revenue Department
Special Tax Programs and Services
P.O. Box 25123
Santa Fe, NM 87504-5123
NEW MEXICO ALTERNATIVE FUELS EXCISE TAX RETURN
Mail to: NM Taxation and Revenue Department, Special Tax Programs and Services, P.O. Box 25123, Santa Fe, NM 87504-5123
Please check one:
Original Return
Amended Return
CNG
LPG
LNG
A-55
CRS ID #
GALLONS SOLD ........... 1)
Report for Quarter
TOTAL EXEMPTIONS ... 2)
TOTAL DEDUCTIONS ... 3)
Business Name
TAXABLE GALLONS .... 4)
Mailing Address
TAX RATE ......................
$ .12 per gallon
TAX DUE ........................ 5)
$
City
PENALTY ....................... 6)
$
INTEREST ...................... 7)
$
ZIP Code
State
TOTAL DUE
$
(LINES 5,6,7) ............. 8)
To the best of my knowledge, this report is complete and correct.
Signature __________________________ Date __________________ Phone ________________ E-mail address_____________________________

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go