Dor motor fuel excise electricity 101 powerpoint


Generally, motor fuels excise is collected and remitted to the MA Department of Revenue by licensed wholesalers. When making a sale, licensees are responsible for determining if it is a taxable sale. If the taxes are due, the licensee must collect and remit the tax in a timely manner, prior to the 20 th of the month following the month in which the activity took place. Licensees are required to file returns each month, whether or not taxes are due. Those who do not meet statutory requirements will not be licensed and must pay MA excise on all purchases. All fuel licenses expire on December 31 st and must be renewed on an annual basis.

Applicants who qualify may license as a Gasoline Distributor. Distributors may import and export j gastroenterol impact factor fuel and sell fuel free of MA gasoline excise to other licensed Distributors or licensed Exporters. To qualify as a Distributor, a person must have at least 25,000 gallons storage of gasoline in MA (one location) and must sell at least 75% of the fuel received to others for resale. Persons who do not qualify as a Distributor may choose to become licensed as a Gasoline Importer and/or a Gasoline gas efficient cars 2012 Exporter.

A licensed Gasoline Importer imports gasoline for use or resale. Importers must pay MA fuels excise on all imported fuel. A licensed Gasoline Exporter exports gasoline for use or resale. Exporters are exempt from the MA fuels excise on all exported fuel. Exporters may not split loads. The complete load must be exported. A person licensed as a MA Importer and MA Exporter should file one return, reporting on combined activity.

MA General Laws require any person who imports, sells or delivers special fuels in bulk or who dispenses special fuels from bulk storage into a motor vehicle to license with the Department of Revenue. Special fuels are all fuels, except gasoline, used to propel motor vehicles on or over the highway. Special fuels include diesel and all liquefied gases (propane, CNG, LNG, etc.). Effective July 31, 2013, the tax rate on diesel is fixed at $.24 per gallon, while gas exchange in the lungs happens by the process of the tax rate on liquefied gases is set each quarter, recently fluctuating between $.16 and $.24 per gasoline gallon equivalent.

Suppliers and User-sellers must file a monthly return by the 20 th day of the month following the month for which the return is due. Suppliers remit all tax due with their monthly returns (Form SFT-3-B). User-sellers pay the tax at the time of purchase to their Suppliers and file monthly informational returns (Form SFT-4). Licensees are required to file returns each month, whether or not taxes are due.

Under Massachusetts General Laws, motorists and commercial motor carriers who consume fuel while traveling on the gas x and pregnancy Massachusetts Turnpike generally are entitled to a reimbursement of any Massachusetts fuels excise paid that corresponds to actual Turnpike use. For example, if you purchase gasoline in Massachusetts and have 100 miles of Massachusetts Turnpike usage weekly, you are eligible for a reimbursement of the Massachusetts fuels excise paid for those 100 miles. Learn more.

• Applications may be filed as often as quarterly. Claims should be broken down by calendar quarter. Each quarter can be claimed only once. Additional or amended claims for a particular quarter can only be filed with permission of the Excises Unit (617-887-5060). Additional or amended claims must include a complete copy of the original request.

• International Fuels Tax Agreement (IFTA) motor carriers are not allowed by statute to file a refund application for MA turnpike travel by qualified vehicles. This claim must be made as a deduction on the quarterly IFTA return. Motor carriers making this claim must file and pay the associated use tax (Form ST-10). Refund claims for travel on the MA turnpike electricity and circuits class 6 pdf by non-qualified vehicles must be made using form SFT-9T-B (special fuels) or form GT-9T-B (gasoline).

The jet fuel excise is a local option tax. The imposition, collection and payment of jet fuel excise shall apply only in a municipality that has voted to accept the excise. Currently, jet fuel excise has been accepted in Bedford, Boston, Concord, Lexington, Lincoln, North Andover, Norwood and Worcester. The excise is collected by the state and returned to affected communities on a quarterly basis.

Jet fuel excise is collected and remitted to the Department of Revenue by licensed Suppliers. When making a sale gas station car wash, Suppliers are responsible for determining if it is a taxable sale. If the taxes are due, the Supplier must collect and remit the tax in a timely manner, prior to the 20 th of the month following the month in which the activity took place. Suppliers are required to file returns each month, whether or not taxes are due. Users must file an informational return. Jet fuel Suppliers are mandated to make payments electronically if their liability for the previous year was greater than $10,000. (See Mandated Electronic Payment of Tax for payment options.)

Jet Fuel Suppliers are required to file with the Department of Revenue a surety bond issued by a surety company licensed to do business in the Commonwealth of Massachusetts. Generally, bonds are for one year and cover the period from January 1 (or the effective date of the license) through December 31 or the date that the license is suspended, revoked or otherwise cancelled. Jet fuel bonds must gas urban dictionary be equal to three months average tax liability but not less than $10,000. Failure to obtain the required bond will result in a denial of the license application.

MA General Laws, Chapter 21M established the Oil Spill Prevention and Response Trust Fund. The purpose of this capped fund include the following: covering the costs of spill prevention, responding to and remediating oil spills, paying damage claims that can not otherwise be compensated, providing training and support to state and municipal responders, and paying for vessel navigational safety improvements. The fee is imposed on the owner of petroleum products at the time the petroleum gas pain products are received at a marine terminal within the Commonwealth by means of a vessel from a point of origin outside the Commonwealth. The marine terminal operator registered under Chapter 21M collects the o goshi technique fee from the owner of the petroleum product or crude oil upon receipt at the marine terminal. The current fee is five cents ($0.05) per barrel of petroleum product or crude oil.

Ethanol can be produced from both agricultural products and petroleum. Pure (unblended) ethanol that is derived from agricultural products may be exempted from the Oil Spill and Prevention Response Fund fee if its source is properly documented. The marine terminal operator must obtain, and retain as part of its records, a copy of the bill of lading, or the certificate of origin that accompanies the shipment of ethanol. Either the bill of lading, or the certificate of origin, or both, must indicate that the ethanol is derived from agricultural sources.