WebMotor Fuel Taxes In Michigan, three taxes are included in the retail price of gasoline: the Federal gasoline tax (18.4 cents per gallon), the Michigan sales tax (levied at a rate of … WebThe current tax rate is 6%. NET BUSINESS TAXES Includes revenue from the Single Business Tax (SBT), Michigan Business Tax (MBT), Corporate Income Tax (CIT), and Insurance Company Premiums Taxes revenues. USE TAX A specific excise tax on the use, storage, or consumption of tangible personal property not subject to the sales tax. Of the maximum ...

Michigan Excise Taxes - Gasoline, Cigarette, and Alcohol Taxes for …

WebIncreased Motor Carriers Fuel Tax rate to 21 cents per gallon with 15 cent credit for fuel purchased in Michigan. M: 1997: PA 83: Increased Gasoline Tax rate to 19 cents per gallon. N: 2000: PA 403: Gasoline, Diesel Fuel, and Liquefied Petroleum Gas taxes recodified. WebThe taxes and other fees on retail gasoline and diesel fuel, in cents per gallon, as of January 1, 2024 are: Federal taxes include excises taxes of 18.3 cents per gallon on gasoline and 24.3 cents per gallon on diesel fuel, and a Leaking Underground Storage Tank fee of 0.1 cents per gallon on both fuels. cape town smartpass

Fuel taxes in the United States - Wikipedia

Webtaxes, in particular the motor fuel tax on gasoline. However, since FY 2006-07, registration tax revenue has consistently outpaced revenue from the motor fuel tax on gasoline. See Figure 1 on page 3. Registration taxes, established in the Michigan Vehicle Code (Public Act 300 of 1949), are assessed WebAN ACT to prescribe a privilege tax for the use of public roads and highways of this state by motor carriers by imposing a specific tax upon the use of motor fuel within this state; to provide for certain credits against this tax and certain mechanisms for paying, collecting, and enforcing this tax; to provide for the licensing of motor carriers … british postal orders - out of date