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Fuel. Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gallon for gasoline and 32.66¢ per gallon for diesel fuel in 2021.
In tax year 2002–2003, it is estimated that evasion of the tax equated to a loss to the Exchequer of £206 million. In an attempt to reduce this, from 2004 an automatic £80 penalty (halved if paid within 28 days) is issued by the DVLA computer for failure to pay the tax within one month of expiry.
The U.S. state of Maine first required its residents to register their motor vehicles and display license plates in 1905. As of 2022, plates are issued by the Maine Bureau of Motor Vehicles, within the office of the Department of the Secretary of State. Front and rear plates are required for most classes of vehicles, while only rear plates are ...
value added tax; excise duties; tax on income of physical persons; tax on the profit of organizations; tax on the extraction of commercial minerals; water tax; levies for the use of fauna and for the use of aquatic biological resources; State duty. The following shall be classified as regional taxes: [35] tax on the assets of organizations ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1][2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
The Highway Trust Fund is a transportation fund in the United States which receives money from a federal fuel tax of 18.4 cents per gallon on gasoline and 24.4 cents per gallon of diesel fuel and related excise taxes. [2] It currently has two accounts, the Highway Account funding road construction and other surface transportation projects, and ...
Taxation in the United States. The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments ...
November 2015 – FTA withholds payment of a $250 million allotment until the council could show it had sufficient funding to complete the project. [234] January 2016 – Five year extension to the General Excise Tax surcharge adopted to add $1.2 billion in funding. [232]