Wisconsin Fuel Sales Taxes 2017 Wisconsin: Fuel Excise Taxes

Wisconsin:

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

Wisconsin Gasoline Tax

Excise: $0.31 / gallon
Addl. Tax: $0.02 / gallon
Total Tax: $0.33 / gallon

Wisconsin Diesel Tax

Excise: $0.31 / gallon
Addl. Tax: $0.02 / gallon
Total Tax: $0.33 / gallon

Wisconsin Gasohol Tax

Excise: $0.31 / gallon
Addl. Tax: $0.02 / gallon
Total Tax: $0.33 / gallon

† Additional Applicable Taxes: Petroleum insp. fee


Wisconsin Fuel Sales Taxes 2017 Other Wisconsin Fuel Excise Tax Rates

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


Wisconsin Aviation Fuel sales tax rate

Wisconsin Aviation Fuel Tax

In Wisconsin, Aviation Fuel is subject to a state excise tax of 6 cents per gallon.

Point of Taxation: First sale unless sold to another Wisconsin General Aviation Fuel Licensee or to an Air Carrier Company.


Wisconsin Jet Fuel sales tax rate

Wisconsin Jet Fuel Tax

In Wisconsin, Jet Fuel is subject to a state excise tax of 6 cents per gallon.

Point of Taxation: First sale unless sold to another Wisconsin General Aviation Fuel Licensee or to an Air Carrier Company.


Payment of Wisconsin 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 except for payments on motor vehicle fuel which payments are due on the 15th of each month.

Wisconsin Fuel Tax Reports

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

MF-002 Wisconsin Combined Monthly Fuel Summary Report

Report Due: Reports are due on the last day of the monthly following the month covered by the report

Report Penalties: Late-filing fee - $10 [sec. 78.68(2), Wis. Stats.]. Delinquent interest - 1.5% per month [sec. 78.68(2), Wis. Stats.]. Late-filing penalty - 5% per month, maximum 25% [sec. 78.68(4), Wis. Stats.].

Payment Due: Payment is due 15 days after the close of the month

ReportPenalties: Late-filing fee - $10 [sec. 78.68(2), Wis. Stats.]. Delinquent interest - 1.5% per month [sec. 78.68(2), Wis. Stats.]. Late-filing penalty - 5% per month, maximum 25% [sec. 78.68(4), Wis. Stats.].




Federal Fuel Sales Taxes 2017 Federal Fuel Excise Taxes

The price of all motor fuel sold in Wisconsin 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 Wisconsin 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/wisconsin/gasoline-fuel