TIP # 03B05-03
DATE ISSUED: December 8, 2003
Fuel Taxes Adjusted Beginning January 1, 2004
Beginning January 1, 2004, the statewide tax rates on motor fuel and diesel fuel will increase. Florida law requires annual adjustments to the state fuel tax rates and the State Comprehensive Enhanced Transportation System (SCETS) tax rate, based on the National Consumer Price Index.
The state tax rate on motor fuel will increase from 14.1 cents per gallon to 14.3 cents per gallon. Please see the enclosed Year 2004 State Taxes, Ninth-Cent, Local Option, Additional Local Option and SCETS Motor Fuel Taxes chart for the appropriate fuel tax for your county.
The tax rate on diesel fuel will increase from 26.7 cents per gallon to 27 cents per gallon statewide. This rate is based on the total of the state tax rate on diesel fuel, which will increase from 14.1 cents per gallon to 14.3 cents per gallon, and the SCETS and local option tax rates, which will increase from 12.6 cents per gallon to 12.7 cents per gallon statewide.
The state tax rate on aviation fuel will remain at 6.9 cents per gallon.
NEW 2004 - Minimum Local Option Tax Collected at Fuel Terminals
Terminal Suppliers - Beginning January 1, 2004, in addition to the $0.143 state fuel taxes collected at the loading rack, terminal suppliers must also collect a minimum local option fuel tax in the amount of $0.097 on each gallon of gasoline sold to licensed wholesalers. Total fuel taxes collected by terminal suppliers on gasoline sold to wholesalers shall be $0.24 per gallon.
Wholesalers - Beginning January 1, 2004, wholesalers must remit to the Department of Revenue the local option tax on gasoline sold to retail dealers or end-users above the minimum $0.097 collected by terminal suppliers.
Counties with Local Option Tax Rate Changes
Additionally, beginning January 1, 2004, county rate changes take effect in Hendry, Highlands, and Okaloosa Counties. Please see the enclosed Year 2004 State Taxes, Ninth-Cent, Local Option, Additional Local Option and SCETS Motor Fuel Taxes chart for the appropriate fuel tax for your county.
Filing Your Return
January 2004 returns, reflecting new tax rates, will be mailed to fuel tax licensees in mid-January. The January return is due February 1, 2004, and is late after February 20, 2004. Failure to properly file a tax return may result in the assessment of penalty and interest and loss of the collection allowance.
References: Chapter 206, Florida Statutes; Sections 336.021 and 336.025, Florida Statutes
FOR MORE INFORMATION
This document is intended to alert you to the requirements contained in Florida laws and administrative rules. It does not by its own effect create rights or require compliance.
For forms and other information, visit our site at www.myflorida.com/dor. Or call Taxpayer Services, Monday through Friday, 8:00 a.m., to 7:00 p.m., ET, at 800-352-3671 (for Florida residents only), or 850-488-6800
Hearing- or speech-impaired persons should call our TDD at 1-800-367-8331 or 850-922-1115.
For a detailed written response to your questions, write the Florida Department of Revenue, Taxpayer Services, 1379 Blountstown Highway, Tallahassee, FL 32304-2716.
To receive a fax copy of a form, call 850-922-3676 from your fax machine telephone.