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Which taxes are collected on the sales of gasoline and used to construct highways?
CloudSeven
Excise Taxes.
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∙ 14y ago
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A sales tax on gasoline is an example of what kind of tax?
The sales tax on gasoline is a fuel tax, which is labeled as a user tax. The taxes collected from gasoline purchases are remitted to the state government.
Is there sales tax to consumer on Gasoline?
If you live in the US, then yes.The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. On average, as of January 2015, state and local taxes add 30.1 cents to gasoline and 30.1 cents to diesel, for a total US average fuel tax of 48.5 cents per gallon for gas and 54.5 cents per gallon for diesel.---------------------------------------------The answer above is wrong (and probably a cut and paste from an online encyclopedia, as I edited out footnote reference numbers and the original answer did not include any footnotes).The US Federal excise on Gasoline as a motor fuel for use in vehicles driven on public highways is NOT a sales tax. The money collected by a sales tax goes into the General Fund and can be used for any purpose, the money collected by this excise tax goes into a special Federal Highway fund and by law can only be used for highway construction or highway maintenance purposes. Also this excise tax is not charged on all gasoline sold to consumers as a sales tax would be: consumers that buy gasoline for nonmotor vehicle uses (e.g. Coleman lanterns and camp stoves) or for use in motor vehicles that do not use public highways (e.g. farm machinery), the gasoline they buy is exempt from this excise tax. Some people do not know that gasoline lawn mowers also qualify for the purchase of gasoline without the payment of this excise tax, and just buy the same gas as they do for their cars.The only time there is a sales tax on gasoline purchases is when the gasoline is purchased within the jurisdiction of a state, county, or municipality that charges sales tax, and this sales tax is identical to the sales tax on all other purchases made in that jurisdiction.Here in Montana there is no sales tax and never has been a sales tax, so consumers pay no sales tax on gasoline.
What does sales tax pay for?
The use of collected sales taxes varies from state to state. Often, specified portions of sales taxes are dedicated to specific uses, such as education, highways, etc. Usually, the total amount of sales taxes is not dedicated, with some of it going into a states "General Fund" to be applied as the legislature and executive branch determine.
Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
Is sales tax collected by wholesalers?
no
What is the federal tax on gasoline?
The major US tax on gasoline is an "excise" tax, added to the cost of gasoline, and is currently 18.4 cents per gallon (24.4 cents on diesel fuel). This is collected like a sales tax, but as part of the total price. State fuel taxes vary, but are added to the advertised price in the same way.
What kind of taxes are consumption collected as?
Sales.
Does Michigan charge sales tax on gasoline?
no
Tax on gasoline is an example of what type of tax?
Tax on gasoline is an example of an excise tax. Excise taxes are taxes on specific goods or services that are typically included in the price of the product and paid by the consumer, rather than collected separately. The purpose of an excise tax is usually to discourage the consumption of the taxed item or to raise revenue for the government
Is the amount of sales tax collected on sales is recorded in the Sales Tax Revenue account?
combind revenue accounts
Who collects sales tax?
Sales tax is collected by the seller and then passed on to the State.
Are state sales taxes collected on food items in Florida?
No
