From: Terry & Carolyn Welshans (welshans2@comcast.net)
Date: Sun Sep 18 2005 - 19:59:04 PDT
Original Message
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Message-ID: <432D8DF6.8060400@dc9.tzo.com>
Date: Sun, 18 Sep 2005 10:55:34 -0500
From: MV <MV@dc9.tzo.com>
Subject: Re: [MV] Biodiesel and the FDC
Anyone know what the fines are for having dyed fuel in your tank?
Dave
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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This is from the link to the Chevron site I posted yesterday:
FEDERAL DIESEL FUEL EXCISE TAX
The federal government imposes an excise tax on diesel fuel, currently
$0.244 per gallon. However, certain fuel uses are tax-exempt or subject to a
reduced rate. These uses include: heating; farming; use by state or local
governments or nonprofit educational organizations; and boats engaged in
fishing or transportation.
Because Congress believed that there was considerable evasion of this tax,
the Omnibus Budget Reconciliation Act of 1993 changed some of the diesel tax
procedures. Briefly, under the new procedures, the tax is levied on diesel
fuel removed from a terminal's truck loading rack unless the fuel is dyed.
Dyed diesel fuel may be used only for nontaxable purposes. Anyone who
knowingly sells or uses dyed diesel fuel for taxable purposes or who
willfully alters the concentration of dye in diesel fuel is subject to a
minimum $10 per gallon penalty. The 1993 Act gives the IRS authority to
enforce the diesel fuel tax, including the authority to inspect terminals,
dyes, dyeing equipment, and fuel storage facilities; and to stop, detain,
and inspect vehicles.
http://www.chevron.com/products/prodserv/fuels/bulletin/diesel/L2_3_9_rf.htm
Terry Welshans
Homer Glen, Illinois
"Always do right- this will gratify some and astonish the rest. "
Mark Twain (1835-1910)
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