DATE ISSUED: June 25, 2012
The tax rate used by contractors who manufacture and use asphalt during fiscal year July 1, 2012 through June 30, 2013 is 70 cents per ton.
Manufactured asphalt used in public works projects of the federal government, and state and local governments, is subject to a 40 percent reduction to the new tax rate. Contractors using manufactured asphalt under public works contracts owe 42 cents per ton on asphalt used in those projects.
The indexed tax is adjusted on July 1 of each year, using a producer price index published by the United States Department of Labor, Bureau of Statistics.
To calculate use tax on asphalt manufactured by a contractor for his or her use:
(a) Multiply the cost of all materials that become ingredients of the finished asphalt by 6 percent; plus,
(b) Multiply the cost of transporting such ingredients to the plant site by 6 percent; plus,
(c) Apply the indexed tax (70 cents per ton) to all other costs associated with the manufacture of asphalt. The new indexed tax is in addition to all taxes paid on purchases of overhead items, including boiler fuels.
If tax is paid to a third party on the cost or transportation of materials (see (a) or (b) above), do not include those costs to calculate the total tax due. Tax is due in the month the asphalt is manufactured for use by the contractor, and must be paid using the Sales and Use Tax Return (Form DR-15).
Reference: Section 212.06(1)(c), Florida Statutes
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 website at www.myflorida.com/dor or call Taxpayer Services, 8:00 a.m. to 7:00 p.m., ET, Monday through Friday, excluding holidays, at 800-352-3671.
For a detailed written response to your questions, write the Florida Department of Revenue, Taxpayer Services, MS 3-2000, 5050 West Tennessee Street, Tallahassee, FL 32399-0112.