N.Y. Comp. Codes R. & Regs. tit. 20 § 491.7

Current through Register Vol. 46, No. 51, December 18, 2024

Section 491.7 - Corrected licenses

Tax Law, § 528(a), (b)

(a) Any change relating to the information shown in an application for a New York State fuel use tax license or an IFTA license, as the case may be, must immediately be reported, in writing, to the department. Thus, for example, any change in a carrier's name, address, or ownership of its business or qualified motor vehicles must be so reported. The department will evaluate the information submitted and will make a determination as to whether a corrected New York State fuel use tax license or IFTA license should be issued. If the department concludes that a corrected license is necessary, such license will be issued to the carrier. If, however, such a change is so significant as to require the immediate surrender of a carrier's existing New York State fuel use tax license or IFTA license and the destruction of a carrier's decal(s), the provisions of section 491.8 of this Part shall apply.

(b) The department may prescribe a form or forms upon which changes are to be reported, and upon which applications are to be made for corrected licenses. In the absence of such prescribed forms, a carrier may notify the department of any changes by letter that clearly identify the carrier by name, address and taxpayer identification number. The notification must also explain the subject changes and the nature of the subject changes.

(c) A corrected license will not be deemed to be issued nor shall such license become effective, until the superseded license has been surrendered to the department. No new decals are required to accompany corrected licenses.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 491.7