Common use of License Revocation Clause in Contracts

License Revocation. An IFTA license may be revoked for any of the following reasons: 1. Failure to file an IFTA quarterly tax return; 2. Failure to remit all taxes due all member jurisdictions; or 3. Failure to pay a tax debt proposed in an audit assessment for which a timely request for review was not submitted. (R420, R1270, N.C.G.S. 105-449.47(a1))

Appears in 3 contracts

Samples: International Fuel Tax Agreement (Ifta) Compliance Manual, International Fuel Tax Agreement (Ifta) Compliance Manual, International Fuel Tax Agreement (Ifta) Compliance Manual

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License Revocation. An IFTA license may be revoked for any of the following reasons: 1. Failure to file an IFTA quarterly tax return; 2. Failure to remit all taxes due all member jurisdictions; or 3. Failure to pay a tax debt proposed in an audit assessment for which a timely request for review was not submitted. (R420, R1270, N.C.G.S. 105-449.47(a1))) All member jurisdictions will be notified by the Division of any IFTA license revocation or reinstatement.

Appears in 1 contract

Samples: International Fuel Tax Agreement (Ifta) Compliance Manual

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