DescriptionGasolineDiesel FuelHeating FuelBase Price (OPIS Rack price x OPIS muliplier x gallons + service fee)$XXXX.XX$XXXX.XX$XXXX.XXExclude, Federal Excise Tax (1)N/AN/AN/APlus, Federal Oil Spill Recovery Fee - Effective 1/1/09(2)(2)(2)Plus, Federal LUST Tax (3)$0.001/gal$0.001/gal$0.001/galPlus, Applicable WA State Fuel Tax (4) - Effective 7/1/08 (*)$0.375/gal$0.375/galN/APlus, Washington state Oil Spill Tax (5)$0.001/gal$0.001/gal$0.001/galPlus, Washington Petroleum Products Tax(6)(6)(6)Plus, WA State Hazardous Substance Tax(7)(7)(7)Plus, WA Heating Oil Insurance FeeN/AN/A(8)Plus, Applicable Washington State & Local Sales TaxN/A(4) & (8)(9)
It is also know ask LUST tax, Previledge tax, or Oil Pollutant tax. 1 cent/gallons attached to state tax rate.
Without any other info...it wouldn't seem to be a tax reportable event.
the last oil spill was the oil spill in the Gulf Of Mexico
set aside 20%, its treated as income.
The 'Deepwater Horizon oil spill', also called the 'BP Oil Spill', the 'Gulf of Mexico oil spill' or the 'Macondo blowout'... ---- Wikipedia
No, there was an oil spill in the Gulf of Mexico.
Deepwater Horizen oil spill.
The Gulf War oil spill occurred on January 23, 1991, and was the largest oil spill to date. It was the largest purposely created oil spill in history.
the Exxon Valdez spill happened before the BP oil spill. and the they are the same because they are both an oil spill
It could spill out of a tanker (Exxon Valdez), it could be from a wrecked oil derrick (BP Gulf Oil Spill).
The Stafford Act does not apply to the Deepwater Horizon oil spill. The Stafford Act is meant to help states that have exhausted all local, county, and states resources to recover from a disaster. It would be unfair of the U.S. federal government to make Texas, Louisiana, Alabama, Mississippi, and Florida show they have exhausted all of their resources to combat the spill. Instead, the Deepwater Horizon oil spill has been given a special classifications of SONS (Spill Of National Significance). By doing so, this has opened up federal dollars to hep with the disaster.
yes the oil spill was capped
The oil spill occured in Summer, 2010.