For the purpose of determining the amount of the distributor's liability for the tax herein imposed, each distributor shall, not later than the last day of the month next following the month in which this division becomes effective and not later than the last day of each calendar month thereafter, file with the department a monthly report, signed under penalty for false certificate, which shall include the following:
1. A statement of the number of invoiced gallons of motor fuel received (within the meaning of the term "received" as defined in this division) by the distributor within this state during the next preceding calendar month in such detail as is prescribed by the department and as may be necessary for the proper administration of this division.
2. A statement showing the deductions authorized in this division in such detail and with such supporting evidence as is prescribed by the department and as may be for proper administration of this division.
3. Such other information as the department may require for the enforcement of this chapter.
At the time of filing each monthly report, each distributor shall pay to the department the full amount of the motor fuel tax due from the distributor for the next preceding calendar month computed as follows:
4. From the total number of invoiced gallons of motor fuel "received" by the distributor within the state during the next preceding calendar month shall be made the following deductions:
First, the gallonage of motor fuel received and thereafter sold within the exemptions provided for in section 452A.3; and second, the number of gallons of motor fuel equal to two per centum of the first three hundred thousand gallons and one per centum of all gallonage in excess of three hundred thousand gallons of invoiced gallons of motor fuel received by the distributor within this state during the next preceding calendar month after deduction provided in this subsection, this percentage being a flat allowance to cover evaporation, shrinkage, and losses, and the distributor's expenses and losses in collection, accounting for, and paying over the motor fuel tax.
5. The number of invoiced gallons remaining after the deductions hereinabove set forth shall be multiplied by the per gallon motor fuel tax rate.
6. The sum of the number of invoiced gallons of ethanol blended gasoline which are received tax free by the distributor during the next preceding calendar month less the number of gallons of ethanol blended gasoline equal to two per centum of the first three hundred thousand gallons and one per centum of all gallonage in excess of three hundred thousand gallons of ethanol blended gasoline received or blended by the distributor within this state during the next preceding calendar month after deduction provided in this subsection, this percentage being a flat allowance to cover evaporation, shrinkage and losses in collection, accounting for, and paying over the tax on ethanol blended gasoline, and the number of gallons of ethanol blended gasoline blended by the distributor during the next preceding calendar month shall be multiplied by the per gallon motor fuel tax rate applicable to ethanol blended gasoline.
7. The sum of the tax due under subsections 5 and 6 shall be the amount of motor fuel tax in dollars and cents due from the distributor for the next preceding calendar month. Any credit calculated by the distributor may be applied against the amount due.
For the purpose of determining the amount of the tax liability on alcohol blended to produce ethanol blended gasoline, each licensed blender shall, not later than thirty-one days following the last day of each month, file with the department a monthly report, signed under penalty for false certificate, which shall include the following: The number of gallons of gasoline blended into ethanol blended gasoline, the number of gallons of alcohol blended into ethanol blended gasoline. The amount of alcohol blended shall be multiplied by the per gallon motor fuel tax rate applicable to ethanol blended gasoline.
[C27, 31, § 5093-a5, -b1; C35, § 5093-f9; C39, § 5093.09; C46, 50, 54, § 324.13--;324.15, 324.17, 324.29; C58, 62, 66, 71, 73, 75, 77, 79, 81, § 324.8; 81 Acts 2d Ex, ch 2, § 10, 11]
91 Acts, ch 87, §5, 6 ~IC93, § 452A.8 ~I94 Acts, ch 1165, §36
Referred to in § 452A.21, 452A.54
Iowa General Assembly
Search: Iowa Code 1995
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