Illinois Fuel Sales Taxes 2018 Illinois: Fuel Excise Taxes

Illinois:

Illinois 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 Illinois and Federal levels. Excise taxes on Fuel are implemented by every state, as are excises on alcohol and motor fuels like gasoline.

Illinois Gasoline Tax

Excise: $0.19 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.20 / gallon

Illinois Diesel Tax

Excise: $0.22 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.23 / gallon

Illinois Gasohol Tax

Excise: $0.19 / gallon
Addl. Tax: $0.01 / gallon
Total Tax: $0.20 / gallon

† Additional Applicable Taxes: Sales tax add.; environ. and LUST fee


Illinois Fuel Sales Taxes 2018 Other Illinois Fuel Excise Tax Rates

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


Illinois Aviation Fuel sales tax rate

Illinois Aviation Fuel Tax

In Illinois, Aviation Fuel is subject to a state excise tax of $0.011 UST / EIF

Point of Taxation: Distributor / Supplier / Receiver


Illinois Jet Fuel sales tax rate

Illinois Jet Fuel Tax

In Illinois, Jet Fuel is subject to a state excise tax of $0.011 UST / EIF

Point of Taxation: Distributor / Supplier / Receiver


Payment of Illinois 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 on the 20th of each month for the previous month.


Federal Fuel Sales Taxes 2018 Federal Fuel Excise Taxes

The price of all motor fuel sold in Illinois 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 Illinois 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/illinois/gasoline-fuel