61 Pa. Code § 351.6. First sales to other oil companies which have an Oil Franchise Tax account number.

§ 351.6. First sales to other oil companies which have an Oil Franchise Tax account number.

First sales of petroleum products to another oil company which has an Oil Franchise Tax account number and agrees to report and pay the applicable Oil Company Franchise Tax upon its subsequent sale or use of the products do not generate petroleum revenue provided all such sales are documented. Thus, the selling oil company is relieved of the obligation to pay the applicable tax on this sale. This documentation must include:
   (1)  Identification of the product.
   (2)  Name of the purchasing oil company and its Oil Company Franchise Tax account number. The Department will not recognize the sale unless the purchaser has a number.
   (3)  Evidence of the agreement to report and pay the tax. Use of exemption certificate is preferred.

Cross References

   This section cited in 61 Pa. Code §  351.3 (relating to imposition of tax).

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