Florida Administrative Code › 61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION › 61 - Departmental › Chapter 61-15 - ELECTRONIC FUNDS TRANSFER › Section 61-15.003 - General Requirements

Current through Reg. 50, No. 138; July 16, 2024
(1) All
				taxpayers who are required to remit taxes through EFT, shall participate for a
				minimum of 1 year. During this period, taxpayers shall not be added to the list
				of required participants. Taxpayers identified on the basis of prior year tax
				payments will be contacted by the department at their last address of record.
				Once selected for the EFT requirement, the taxpayer must electronically
				transmit all payments for that tax type as provided in this chapter. All
				taxpayers who paid $50, 000 or more during the previous state fiscal year in
				any single tax type, as herein defined, must remit taxes through EFT. Other
				taxpayers may choose to voluntarily participate in the EFT program.
(2) Taxpayers who receive permits under
				Section 210.15, F.S., and who are
				authorized under Section
				210.05, F.S., to affix stamps
				and remit cigarette excise taxes to the state using the cash payment system,
				may elect to continue using the cash system in lieu of implementing the
				electronic funds transfer method. Taxpayers on the cigarette cash system using
				the electronic funds transfer method must comply with the requirements of this
				rule chapter, and provide verification to the department that an electronic
				funds transfer has been made before receiving cigarette stamps from the
				department. Taxpayers who are authorized under Section
				210.15, F.S., to affix stamps
				and remit cigarette excise taxes to the state using the deferred payment system
				under Section 210.05, F.S., must implement the
				electronic funds transfer method.
(3) Upon receipt of the Electronic Funds
				Transfer Authorization Form, the taxpayer must complete the form and return it
				to the department. Pertinent payor information provided with the form will be
				furnished to the State Treasurer's bank and the data collection
				center.
(4) Upon receipt of payor
				information from the department, the data collection center shall assign a
				confidential payor identification number directly to the taxpayer to be used by
				the taxpayer when communicating payment information to the data collection
				center. This number shall be provided to the taxpayer prior to the date the
				first required payment is due under the EFT program.
(5) A taxpayer must provide at least 30 days
				written notice of any change of information required with the electronic funds
				transfer authorization form by submitting a revised form to the
				department.
(6) The department
				prescribes Form DR-600, Electronic Funds Transfer Authorization Form, by the
				Department of Revenue and incorporated in Rule
				12-24.004, F.A.C., as the form
				to be used for the purposes of this chapter. Copies of this form may be
				obtained without cost by written request to the Department of Revenue, Division
				of Taxpayer Assistance, Bureau of Tax Information and Media Services, P.O. Box
				7443, Tallahassee, Florida 32399-7443.
Rulemaking Authority
					 20.05,
					 210.10,
					 210.021(3),
					 210.75(2),
					 550.0251,
					 561.08,
					 561.11 FS. Law Implemented
					 210.021,
					 210.05,
					 210.15,
					 210.31,
					 550.0251(8),
					 550.0951,
					 561.111
					 FS.
New 8-29-91, Formerly 7-8.003, Amended
					 5-14-97.