Illinois Administrative Code
Title 86 - REVENUE
Part 500 - MOTOR FUEL TAX
Subpart C - MOTOR FUEL USE TAX
Section 500.330 - Cancellation of License

Universal Citation: 86 IL Admin Code ยง 500.330

Current through Register Vol. 48, No. 38, September 20, 2024

a) The Department may, at the request of a licensee or on its own initiative, cancel a license if the licensee has complied with all applicable provisions of the IFTA agreement, including the satisfaction of all reporting requirements and tax liabilities. A licensee shall make a request for cancellation by making a notation on its electronic return and indicating its final date of operations.

b) Upon cancellation, the carrier must destroy its original license and all copies, and decals.

c) A final audit may be conducted by the Department, or by any IFTA jurisdiction, upon cancellation of the license. When a license is cancelled, a carrier must retain all records for a period of four years from the due date of the final quarterly tax return.

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