Vol. 1 No. 18 / August 2004 Note: Due to the Government of Alberta reorganization in November 2004, where applicable, the web versions of our documents have been updated to change references from "Minister of Revenue" or "Provincial Treasurer" to "Minister of Finance". References to "Revenue Canada" or "Canada Customs and Revenue Agency" have been changed to "Canada Revenue Agency" to reflect that name change as well. The paper version of this document is available from Tax and Revenue Administration and if applicable, will be updated as time permits. ALBERTA
FUEL TAX ACT SPECIAL NOTICE: Tax and Revenue Administration has been actively working with industry to simplify administration of the TEFU program. The Fuel Tax Regulation was amended on July 14, 2004 to allow for the implementation of a simplified process for calculating and claiming fuel tax rebates. This Notice provides information regarding these upcoming changes. Tax and Revenue Administration has reached agreement on rebate percentages (based on activity and type of vehicle/equipment) with the following sectors of the oil and gas industry:
The agreed upon rebate percentages will be prescribed by Ministerial Order. The effective date for using the prescribed rebate percentages will be determined through consultation with industry representatives. This date will be announced once it has been determined. The prescribed rebate percentages will be reviewed with industry one year after implementation to confirm accuracy. Under the simplified procedure, claimants will be eligible to apply for a rebate for off-road consumption based on the litres consumed multiplied by the prescribed rebate percentage for the applicable category. The result will then be multiplied by the applicable tax rate to determine the amount of the rebate. To determine eligibility, claimants must complete and submit a registration form for approval. All rebate claims respecting fuel consumed after the effective date will be made using a new claim form. The registration form will be available directly from Tax and Revenue Administration or on our website. When completed, information packages including the registration form will be made available to industry associations. Discussions are continuing with other industries such as petroleum service, logging and road construction to arrive at agreed rebate percentages. Other groups that qualify for the rebate, such as municipalities, will be contacted to determine their interest in participating at a later date. Rebate percentages and effective dates will be determined through consultation with industry representatives and announced accordingly.
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