Federation Of State Tax Administrators Issues New 50 State Motor Fuel Excise Tax Rates And Laws
The Federation of State Tax Administrators (FSTA) recently published its annual compendium of state motor fuel excise tax rates and laws.
The compendium is a comprehensive state-by-state review of motor fuel excise tax requirements that provides 37 data points for each state listed.
Those data points include motor fuel excise tax rates; point of collection; collection allowance; exemptions; flash title transactions; citations to state motor fuel excise tax rules and laws; motor fuel tax rate updates; motor fuel environmental and inspection fees; bad debt allowance; tax reporting deadlines; bonding requirements; credit and rebill allowances; motor fuel sales tax; alternative fuel tax rates, incentives and conversion rates; and shipping paper/BOL information requirements.
The compendium is a useful tool to compare state tax laws for parity, identify emerging trends in motor fuel taxation and as a motor fuel excise tax guideline for energy marketers operating in more than one state.
The compendium is updated through September 2021.