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. 12, March 22, 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.

Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.