Ill. Admin. Code tit. 86, § 500.330 - Cancellation of License
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.
Notes
Amended at 36 Ill. Reg. 6677, effective April 12, 2012
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.