Form 735-9740 - International Fuel Tax Agreement (Ifta) Tax Return - 2007 Page 4
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4COLUMN B FUEL TYPE: Using the codes below, enter fuel type
COLUMN I TAX DUE OR (CREDIT):
Multiply the amount in
you are reporting on this line. If you use more than one fuel type in
Column G by the amount in Column H. Enter this amount in
a jurisdiction, place additional information on a separate sheet of
dollars and cents, with credit amounts in brackets.
paper.
COLUMN J INTEREST DUE: If this return is filed late, interest is
B – Biodiesel
SG - Surcharge Gasoline
due to each jurisdiction where there is tax due. (A return is late if
D - Diesel
SP - Surcharge Propane
not postmarked on or before the last day of the month following
G - Gasoline
SGH - Surcharge Gasohol
the quarter covered by the return and accompanied by payment of
P - Propane
SLN - Surcharge Liquid Natural
any tax due.) Multiply the Column I amount by 1% for each month
GH - Gasohol
Gas
or partial month the report is late. Do not calculate interest on
LNG - Liquid Natural Gas
SCN - Surcharge Compressed
credit amounts in Column I.
CNG - Compressed Nat Gas
Nat Gas
E - Ethanol
SE - Surcharge Ethanol
COLUMN K TOTAL DUE OR (CREDIT): Total the amounts in
M - Methanol
SM - Surcharge Methanol
E85 - E-85
SE8 – Surcharge E-85
Columns I and J. Enter credit amounts in brackets.
M85 - M-85
SM8 - Surcharge M-85
A55 - A55
SA5 - Surcharge A55
SURCHARGE: Currently, Indiana, Kentucky, and Virginia levy a
SD - Surcharge Diesel
surcharge. If you have traveled in any of these states, use the
second line titled SURCHARGE to calculate your surcharge:
COLUMN C TOTAL MILES IN JURISDICTION: Enter the total
multiply the taxable gallons (Column E) by the surcharge tax rate
miles traveled in each jurisdiction for each fuel type listed. Include
found on the enclosed tax rate sheet.
off-road miles and permit miles.
The GRAND TOTAL of this
column must be the same as in Column 2.
7. TOTAL FUEL TAX AND INTEREST DUE OR (CREDIT): Total
amounts in Column K.
COLUMN D TAXABLE MILES IN JURISDICTION:
Enter the
taxable miles traveled in each IFTA jurisdiction. Contact the
8. PREVIOUS BALANCE DUE: Balance due resulting from a
jurisdiction directly to learn if any of your operations are not taxable.
partial payment, mathematical or clerical error, penalty, or interest
Do not include off-road nontaxable miles or fuel tax permit miles in
relating to prior returns. Add this amount to other amounts due
this column.
and include in your payment.
COLUMN E TAXABLE GALLONS: Divide the amount in Column
9. PREVIOUS CREDIT: This amount represents a credit on your
D by the average miles per gallon from Column 6 for each fuel type
account. Do not pay this amount. Before subtracting this credit
and round to the nearest whole gallon. For example, 525.5 should
from what you owe, verify the credit is valid and has not already
be shown as 526 and 525.4 should be shown as 525.
been refunded or used. All adjustments are subject to audit.
COLUMN F TAX PAID GALLONS: Enter the number of gallons
10. PENALTY: If this return is filed late, enter 10% of the total
purchased in that jurisdiction during this reporting period on which
amount of Column I, or $50, whichever is greater.
fuel taxes have been paid, rounding to the nearest whole gallon.
Purchases must be supported by invoices from the vendor and
11. REINSTATEMENT FEE: If your account was revoked and
retained in your records.
you need to reinstate, include a $25 reinstatement fee.
Your
account will be reinstated only if all deficiencies have been
COLUMN G NET TAXABLE GALLONS: Subtract the amount in
satisfied.
Column F from the amount in Column E. If F is greater than E,
enter the credit figure in brackets (for example, [732]).
12. TOTAL BALANCE DUE OR (CREDIT): If the amount on this
line is a balance due, attach payment. Penalty and interest will
COLUMN H TAX RATE: Enter the tax rate from the tax rate tables
be assessed on tax returns where incorrect calculations
provided. Tax rate tables change each quarter. Use the rate table
result in underpayment. If line 12 is a credit, you may request
for the quarter of the return you are filing.
a refund by checking the box at the top of the return form. All
refunds are subject to verification of the credit to be
refunded. Refunds may take up to 90 days to process.
PLEASE RETAIN A COPY OF YOUR TAX RETURN FOR YOUR RECORDS
2010 OREGON IFTA CALENDAR
1st Quarter 2010
3rd Quarter 2010
Returns Due By
04-30-2010
Returns Due By
11-01-2010
2nd Quarter 2010
4th Quarter 2010
Returns Due By
08-02-2010
Returns Due By
01-31-2011
Form 735-9740c (3-10)
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