Form 10-166 Amended Crude Oil Tax - Purchaser Report - Texas

What Is Form 10-166?

This is a legal form that was released by the Texas Comptroller of Public Accounts - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 10-166?A: Form 10-166 is a tax form used for reporting crude oil purchases in Texas.

Q: Who is required to file Form 10-166?A: Purchasers of crude oil in Texas are required to file Form 10-166.

Q: What is the purpose of Form 10-166?A: Form 10-166 is used to report and pay the amended crude oil tax in Texas.

Q: What information is required on Form 10-166?A: Form 10-166 requires information about the purchaser, the seller, the price paid for the crude oil, and the location and date of the purchase.

Q: What are the filing requirements for Form 10-166?A: Form 10-166 must be filed on a monthly basis, with the tax payment due by the 25th day of the month following the month of purchase.

Q: Are there any penalties for not filing Form 10-166?A: Yes, there are penalties for failure to file or late filing of Form 10-166, including potential interest charges on unpaid taxes.