Section 11-14B-5 - Scope of agreementAn international fuel tax agreement may provide for:
(a) Determining the base jurisdiction of motor carriers;(b) Making and retaining of records by motor carriers;(c) Auditing the books and records of motor carriers and auditing procedures;(d) Exchanging information for purposes of motor fuel use tax administration and collection;(e) Determining persons eligible for a motor carrier tax license or registration;(f) Defining qualified motor carriers;(g) Determining if or when bonding is required;(h) Specify reporting requirements and periods;(i) Specifying uniform penalty and interest rates for late reporting and payment of motor fuel use taxes;(j) Determining methods for collecting and forwarding of motor fuel use taxes and penalties to another jurisdiction; and(k) Any other provision which the parties to the agreement believe will facilitate administration of the agreement and collection of motor fuel use taxes from interstate motor carriers.