There were 132 press releases posted in the last 24 hours and 399,921 in the last 365 days.

Gas Tax Refund Application Deadline is June 30

Sign up to receive news releases via email.

 

Gas Tax Refund Application Deadline is June 30

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger reminds consumers that June 30, 2021 is the last day to apply for a refund of the state fuel taxes paid on gasoline/gasohol in 2020.

“A refund of the tax paid for fuel purchased to power farm, ranch, and industrial equipment used off-road is available to qualified consumers,” said Rauschenberger. “State gasoline or gasohol taxes paid on purchases made during 2020 are eligible for the refund.”

Farmers and ranchers may receive a refund of 23 cents per gallon, and industrial consumers may request a refund of 22.5 cents per gallon for gasoline/gasohol purchased. Gasohol is a mixture of gasoline and ethanol, with the most common mixture of 90 percent gasoline and 10 percent ethanol.

“State taxes collected on motor fuels are intended to go towards highway maintenance,” Rauschenberger stated. “However, the taxes paid by industrial consumers, farmers, and ranchers is refundable because construction equipment, tractors, and combines generally don't run on public highways.”

The Agricultural Products Utilization Commission (APUC) receives 1/2 cent per gallon based on the refunds requested by industrial consumers.

In 2020, $121,488 in refunds were issued for approximately 530,000 gallons of motor fuel sold in 2019. Refunds not claimed stay in the Highway Distribution Fund.

For more information on the motor fuel tax refund, taxpayers may go to www.nd.gov/tax/motorfuel/forms/refunds or call the Motor Fuels Taxes Section at 701-328-3126.

Taxpayers can stay up-to-date on North Dakota tax-related matters by visiting the Office of State Tax Commissioner’s website at www.nd.gov/tax or by connecting on Facebook, Twitter, or LinkedIn.

###

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.