Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 8603-A. Reporting and remittance of tax

(a) The tax shall be reported and remitted in the same manner as the tax imposed by Article XXIII   1 of this act, except that, no later than February 15 of each calendar year, each vehicle rental company shall file a report with the Department of Revenue on a form prescribed by the department.  The report shall include the amount of tax remitted during the previous calendar year and the total amount of rental vehicle licensing and title fees imposed by the Commonwealth under 75 Pa.C.S. (relating to vehicles) on the vehicle rental company's rental vehicles and paid to the Commonwealth by the vehicle rental company in the previous calendar year.

(b) When reconciling the reports and remittances filed during the previous calendar year with the annual report, the department shall allow against the tax imposed by subsection (a) a credit equal to the total amount of licensing and title fees imposed by the Commonwealth under 75 Pa.C.S. on the vehicle rental company's rental vehicles and paid to the Commonwealth by the vehicle rental company in the previous calendar year.  The department shall refund to the taxpayer the credit verified from the annual report.  The amount of such verified credit shall not exceed the amount of tax collected and remitted by the taxpayer for the calendar year for which the claim is made.  If the amount of the tax collected exceeds the amount of licensing fees and title fees paid the Commonwealth, the excess collection shall be deposited by the department into the General Fund.

(c) Unless otherwise noted, the provisions of Article II   2 of this act shall apply to the tax required under this article.