Federal Motor Fuels Excise Tax

Federal Motor Fuels Excise Tax

Federal Motor Fuels Excise Tax means:
an excise tax generally imposed on motor fuels (gasoline, special motor fuels, and diesel fuel) used for highway transportation, in motorboats, and in trains. Off-highway business uses are generally exempt from motor fuels taxes, as are sales for export, for the exclusive use of state and local governments and nonprofit educational organizations, and for certain other uses.

The rate of tax on motor fuels is 18.4 cents per r r. gasoline and special motor fuels and 24.4 cents per gallon on diesel fuel and induces a deficit reduction rate of 4.3 cents per gallon. The 4.3 cents deficit reduction rate applies after September 30, 1993.

See Excise and Excise.


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