An international fuel tax agreement may provide for:

1. (a) Determining the base jurisdiction of motor carriers;
2. (b) Making and retaining of records by motor carriers;
3. (c) Auditing the books and records of motor carriers and auditing procedures;
4. (d) Exchanging information for purposes of motor fuel use tax administration and collection;
5. (e) Determining persons eligible for a motor carrier tax license or registration;
6. (f) Defining qualified motor carriers;
7. (g) Determining if or when bonding is required;
8. (h) Specify reporting requirements and periods;
9. (i) Specifying uniform penalty and interest rates for late reporting and payment of motor fuel use taxes;
10. (j) Determining methods for collecting and forwarding of motor fuel use taxes and penalties to another jurisdiction; and
11. (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.