Alaska Fuel Sales Taxes 2019 Alaska: Fuel Excise Taxes

Alaska:

Alaska Cigarette and Fuel Excise Taxes

In addition to (or instead of) traditional sales taxes, gasoline and other Fuel products are subject to excise taxes on both the Alaska and Federal levels. Excise taxes on Fuel are implemented by every state, as are excises on alcohol and motor fuels like gasoline.

Alaska Gasoline Tax

Excise: $0.08 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.09 / gallon

Alaska Diesel Tax

Excise: $0.08 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.09 / gallon

Alaska Gasohol Tax

Excise: $0.08 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.09 / gallon

Alaska Fuel Sales Taxes 2019 Other Alaska Fuel Excise Tax Rates

The primary excise taxes on fuel in Alaska are on gasoline, though most states also tax other types of fuel.


Alaska Aviation Fuel sales tax rate

Alaska Aviation Fuel Tax

In Alaska, Aviation Fuel is subject to a state excise tax of 4.7 cents per gallon

Point of Taxation: Distributor


Alaska Jet Fuel sales tax rate

Alaska Jet Fuel Tax

In Alaska, Jet Fuel is subject to a state excise tax of 3.2 cents per gallon

Point of Taxation: Distributor


Payment of Alaska Fuel Excise Taxes

Payments of fuel excise taxes are made by fuel vendors, not by end consumers, though the taxes will be passed on in the fuel's retail price. Fuel tax is due the last day of each month for the previous month.

Alaska Fuel Tax Reports

Fuel producers and vendors in Alaska have to pay fuel excise taxes, and are responsible for filing various fuel tax reports to the Alaska government. Click the button below to view details on three AK fuel tax reports.

Avation Retrun

Report Penalties: 5% every 30 days late. Max 25%

ReportPenalties: 5% every 30 days late. Max 25%

PaymentPenalties: 5% every 30 days late. Max 25%


Diesel Return

Report Penalties: 5% every 30 days late. Max 25% for payment and report

ReportPenalties: 5% every 30 days late. Max 25% for payment and report

PaymentPenalties: 5% every 30 days late. Max 25% for payment and report


Gasoline Return

Report Penalties: 5% every 30 days late. Max 25% for payment and report

ReportPenalties: 5% every 30 days late. Max 25% for payment and report

PaymentPenalties: 5% every 30 days late. Max 25% for payment and report




Federal Fuel Sales Taxes 2019 Federal Fuel Excise Taxes

The price of all motor fuel sold in Alaska also includes Federal motor fuel excise taxes, which are collected from the manufacturer by the IRS and are used to support the Federal Highway Administration. Federal excise tax rates on various motor fuel products are as follows:

Gasoline $0.18.4 per gallon
Diesel and Kerosene $0.242 per gallon
Liquefied Petroleum Gas $0.183 per gallon
Liquefied Natural Gas (LNG) $0.243 per gallon
Compressed Natural Gas (CNG) $0.184 per gallon
Components of gasoline price Components of diesel price

Included in the Gasoline, Diesel/Kerosene, and Compressed Natural Gas rates is a 0.1 ยข per gallon charge for the Leaking Underground Storage Tank Trust Fund (LUST).

† These tax rates are based on energy content relative to gasoline.

What percentage of the cost of gas in Alaska comes from taxes and gas station profit?

The diagram above shows how the prices of an average gallon of gasoline and diesel fuel are broken down among various components, including the cost of the crude oil, refining, distribution / marketing, and taxes. In most areas, state and federal excise taxes amount to about 13% of the cost of a gallon of gas. Gas stations generally only profit a few cents per gallon.




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Source: http://www.salestaxhandbook.com/alaska/gasoline-fuel