142.875. 1. Every licensee shall, upon the discontinuance, sale, ortransfer of the business or upon the cancellation, revocation ortermination by law of a license pursuant to section 142.899, or asotherwise provided, within fifteen days, make a report as required pursuantto this chapter marked "Final Report", and shall pay all motor fuel taxes,penalties and interest that may be due the state except as may otherwise beprovided by law.
2. For purposes of this section, any person who was licensed to remitmotor fuel taxes by this state prior to January 1, 1999, and who is notlicensed as a supplier pursuant to this chapter shall be deemed to have thelicense terminated pursuant to this section as of January 1, 1999.
3. Any distributor licensed prior to January 1, 1999, who isineligible to elect eligible purchaser status, or who otherwise does notapply for or does not receive eligible purchaser status in accordance withsection 142.851, may in the alternative elect to make payment of the taxcalculated and interest provided for in section 32.065, RSMo, pursuant tothe final report provided for in this section if the tax is paid ininstallments agreed to by the director not to exceed twelve months afterJanuary 1, 1999.
4. If a person elects pursuant to subsection 3 of this section todefer payment, the person shall not be eligible to claim eligible purchaserstatus pursuant to section 142.851 for a period of thirty-six monthsfollowing the election.
5. Any former licensee shall be given the opportunity to apply foreligible purchaser status as provided in sections 142.848 and 142.851,prior to January 1, 1999. Should such determination not be complete beforeJanuary 1, 1999, collection of tax shown on the final report of the formerlicensee shall be delayed until the determination is complete. However,the final report shall be due not later than thirty days after a denial ofeligible purchaser status becomes final.
6. The final report required by this chapter shall be accompanied bypayment of the liability of the final month. A one-time alternativepayment method is set out in this section upon January 1, 1999, as part ofthe conversion from the predecessor act.
142.875. 1. Every licensee shall, upon the discontinuance, sale, ortransfer of the business or upon the cancellation, revocation ortermination by law of a license pursuant to section 142.899, or asotherwise provided, within fifteen days, make a report as required pursuantto this chapter marked "Final Report", and shall pay all motor fuel taxes,penalties and interest that may be due the state except as may otherwise beprovided by law.
2. For purposes of this section, any person who was licensed to remitmotor fuel taxes by this state prior to January 1, 1999, and who is notlicensed as a supplier pursuant to this chapter shall be deemed to have thelicense terminated pursuant to this section as of January 1, 1999.
3. Any distributor licensed prior to January 1, 1999, who isineligible to elect eligible purchaser status, or who otherwise does notapply for or does not receive eligible purchaser status in accordance withsection 142.851, may in the alternative elect to make payment of the taxcalculated and interest provided for in section 32.065, RSMo, pursuant tothe final report provided for in this section if the tax is paid ininstallments agreed to by the director not to exceed twelve months afterJanuary 1, 1999.
4. If a person elects pursuant to subsection 3 of this section todefer payment, the person shall not be eligible to claim eligible purchaserstatus pursuant to section 142.851 for a period of thirty-six monthsfollowing the election.
5. Any former licensee shall be given the opportunity to apply foreligible purchaser status as provided in sections 142.848 and 142.851,prior to January 1, 1999. Should such determination not be complete beforeJanuary 1, 1999, collection of tax shown on the final report of the formerlicensee shall be delayed until the determination is complete. However,the final report shall be due not later than thirty days after a denial ofeligible purchaser status becomes final.
6. The final report required by this chapter shall be accompanied bypayment of the liability of the final month. A one-time alternativepayment method is set out in this section upon January 1, 1999, as part ofthe conversion from the predecessor act.
142.875. 1. Every licensee shall, upon the discontinuance, sale, ortransfer of the business or upon the cancellation, revocation ortermination by law of a license pursuant to section 142.899, or asotherwise provided, within fifteen days, make a report as required pursuantto this chapter marked "Final Report", and shall pay all motor fuel taxes,penalties and interest that may be due the state except as may otherwise beprovided by law.
2. For purposes of this section, any person who was licensed to remitmotor fuel taxes by this state prior to January 1, 1999, and who is notlicensed as a supplier pursuant to this chapter shall be deemed to have thelicense terminated pursuant to this section as of January 1, 1999.
3. Any distributor licensed prior to January 1, 1999, who isineligible to elect eligible purchaser status, or who otherwise does notapply for or does not receive eligible purchaser status in accordance withsection 142.851, may in the alternative elect to make payment of the taxcalculated and interest provided for in section 32.065, RSMo, pursuant tothe final report provided for in this section if the tax is paid ininstallments agreed to by the director not to exceed twelve months afterJanuary 1, 1999.
4. If a person elects pursuant to subsection 3 of this section todefer payment, the person shall not be eligible to claim eligible purchaserstatus pursuant to section 142.851 for a period of thirty-six monthsfollowing the election.
5. Any former licensee shall be given the opportunity to apply foreligible purchaser status as provided in sections 142.848 and 142.851,prior to January 1, 1999. Should such determination not be complete beforeJanuary 1, 1999, collection of tax shown on the final report of the formerlicensee shall be delayed until the determination is complete. However,the final report shall be due not later than thirty days after a denial ofeligible purchaser status becomes final.
6. The final report required by this chapter shall be accompanied bypayment of the liability of the final month. A one-time alternativepayment method is set out in this section upon January 1, 1999, as part ofthe conversion from the predecessor act.
