Get Fin 142: Application For Appointment As A Collector, Under The Motor ... - Sbr Gov Bc

The FIN 142 form is a crucial document required for appointment as a collector under the Motor Fuel Tax Act and/or the Carbon Tax Act in British Columbia. This guide provides users with a clear, step-by-step approach to completing the form efficiently and accurately.

Follow the steps to successfully complete your application.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Select the applicable tax Act(s) for your collector appointment under the form. You may choose the Motor Fuel Tax Act or the Carbon Tax Act based on the types of fuel your business deals with.
3. If your business is incorporated, enter the legal name and incorporation number as they appear on your Certificate of Incorporation. For partnerships, list all partner names and include your unique Business Number issued by the Canada Revenue Agency.
4. Provide the name under which your business operates if it differs from what is mentioned previously. Enter the physical address of your business location.
5. Include the mailing address for correspondence if different from your business physical address, ensuring that your application responses can be sent to the correct location.
6. List the primary business contact's name and their contact details including phone number, fax number, and email address. This person will be the main point of contact for this application.
7. Briefly describe the primary nature of your business, including details about the manufacturing and sales of any fuels.
8. Indicate the start date for when your business will begin selling fuel for the first time after manufacture or importation into BC.
9. Provide a general description of your business assets within BC, including approximate values, to support your application.
10. Enter the name and address of your principal financial institution to support your business operations.
11. If applicable, attach your most recent audited financial statements, especially if your business imports large volumes of fuels.
12. If owning a crude oil refinery, provide details about its location and include supporting legal documentation.
13. If applicable, specify the methods used for importing fuel into BC and provide a list of your suppliers.
14. Complete the table included in the form to estimate annual volumes for various fuel activities including manufacturing, purchasing, using, and selling fuel.
15. All information must be certified by an authorized signing authority in your business to validate your application.
16. Once all fields are completed, review the application for completeness and accuracy. Save the changes, and if required, you may download, print, or share the form.

Ensure your application is complete and file it online to become a registered collector today.