§ 3107. Alternative basis for computing tax
A distributor may use as the measure of the tax so levied and assessed the gross quantity of motor fuel purchased, imported, produced, refined, manufactured, and compounded by the distributor, instead of the quantity sold, distributed, or used. (Added 1985, No. 207 (Adj. Sess.), § 1; amended 2015, No. 159 (Adj. Sess.), § 3, eff. June 1, 2016; 2015, No. 159 (Adj. Sess.), § 3a, eff. June 1, 2017.)
Structure Vermont Statutes
§ 3102. Licensing and bonding of distributors
§ 3103. Discontinuance, revocation, and reinstatement of licenses
§ 3104. Calibration of tank vehicles
§ 3105. Records of sales and importations
§ 3106. Imposition, rate, and payment of tax
§ 3106a. Imposition, rate, and payment of license fee
§ 3107. Alternative basis for computing tax
§ 3109. Failure to file a report or pay the tax when due; penalty
§ 3110. Additional assessment; time limit
§ 3111. Neglect or refusal to file a report; estimate of tax by Commissioner; penalty and interest
§ 3112. Assessment; hearing permitted
§ 3113. Reports of common carriers
§ 3116. Proceedings to recover tax
§ 3117. Bond requirement; amount; failure of security
§ 3118. Bulk sales; transferee liability
§ 3120. Tax liability as property lien; discharge and foreclosure
§ 3171. Imposition and rate of reciprocal tax
§ 3172. Agreements for reciprocal waiver of tax