Originally Posted by rui_alexandre
Thank you for your reply. I had the doubt of reading "or", but apparently it really is a choice.
Still inside the subject, if the corporation was not from the US, it wouldn't need to fill form 720, just 4136 for the annual refund? What extra requeriments would there be in that case?
Form 720 is a quarterly form. For Quarterly Federal Excise Tax Return, you need to use this form to report and pay the luxury tax on passenger vehicles, environmental taxes, communications and air transportation taxes, fuel taxes, manufacturers taxes, ship passenger taxes, and certain other excise taxes If you file an annual claim, you would need to use Form 4136 which would be filed with your annual income tax return;Non US corps file form 4136 for FET . You need to enter the total income tax credit claimed on Form 4136.