All telecommunications companies certificated to provide telecommunications services and all registered interconnected voice over Internet protocol (VoIP) service providers in Missouri with annual Net Jurisdictional Revenues of $24,000 or more are required to remit payment to the Missouri Universal Service Fund. Payments are self-reported - please be aware the Missouri USF Administrator will not be providing monthly invoices. Payments should be accompanied with the Assessment Determination Remittance Form. (Note: Companies with less than $24,000 are not required to report monthly, quarterly or annually but are still required to submit the annual net jurisdictional revenue report for each calendar year.)
Payments to the Missouri USF are based on applying a percentage surcharge on customer bills.
- The current surcharge is 0.0010 (0.10%) effective with the October 2014 and 4th quarter 2014 reporting periods.
This surcharge is applied to the customer’s intrastate retail telecommunications/VoIP charges and should not apply to any taxes or wholesale charges to another carrier. This surcharge should be identified as a separate line item on customer bills labeled as the “Missouri Universal Service Fund.”
A company with more than $24,000 in net jurisdictional revenues is simply required to submit the amount collected from this surcharge. The Missouri USF does not have a true-up process.
Payment Due Dates:
Payment deadlines are based on a company’s revenue reported for the prior year:
Payments are due on the 22nd day of the month following the collection period; however if the 22nd of the month falls on a weekend or holiday, then the first business day following the weekend or holiday is deemed the due date. Specific due dates for this year can be found by clicking “Due Dates” on the Quick Links section of the Missouri USF home page. Payments must be received by the due date in order to avoid a late payment fee. (Please take into account mailing delays if submitting payment by mail because postmark dates are irrelevant.)
Late Payment Fee:
Any payment not received by the due date is subject to a late payment fee. This fee is based on the following three components:
· $16 fixed fee; plus,
· 0.05% daily interest applied on the assessment amount due per day times the number of days late; plus (if applicable),
· A $25 additional penalty added to original late payment invoices if payment for the original late fee invoice is not received within 30 days of the date of the invoice. This additional late fee continues to accrue every 30 days until the invoice is paid in full.
A company has an assessment amount of $145 based on revenues collected in July 2014. Missouri USF revenues collected in July 2014 are due August 22, 2014; however, if the company remits the $145 payment on September 11, 2014 for July 2014 reporting period then the payment is considered 20 days late. A $17.45 late fee will be applied to this payment, once received, using the following formula:
Late fee invoices are emailed to the contact on the Assessment Determination Remittance Form (if an email address is provided) or sent by US mail to the address of record.
$16 + ($145 assessment amount X 0.0005 interest X 20 days) = $16 + $1.45 = $17.45
Should the invoice remain unpaid as of October 13, 2014, a new invoice is issued adding the $25 additional penalty making the amount due for this original late payment $42.45.
Original late invoice amount = $17.45 + $25 additional penalty = $42.45
Please direct any questions regarding the payment process to the Missouri USF administrator at (573) 634-1319 or firstname.lastname@example.org