CA to Have Split IFTA Rate 4th Quarter
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Pursuant to legislation that passed this spring, California’s tax rate on diesel fuel will rise from 37 cents a gallon to 57 cents on November 1 this fall. At least the state’s diesel fuel rate for purposes of the International Fuel Tax Agreement will do so. (California doesn’t impose fuel use tax reporting on gasoline.) For that reason, IFTA filers will have to manage a split rate in California on their fourth quarter IFTA tax reports.
