New York Fuel Sales Tax Rates Hold Steady in March 2015
- Fuel Tax News
- Feb 9, 2015 | Gail Cole
The New York State Department of Taxation and Finance is required by law to establish the average price for motor and diesel fuel for each quarter. Once that is established, the state determines the cents-per-gallon tax rate.
Following the recent trend, there will be no change to the cents-per-gallon rates of sales and use taxes on certain motor fuel and diesel motor fuel in March. Prices remain as follows:
- The New York State cents-per-gallon rate is 8 cents per gallon or 6 cents per gallon for B20 biodiesel.
- The Metropolitan Commuter Transportation District (MCTD) rate is ¾ of one cent per gallon or 6/10 of one cent per gallon for B20 biodiesel.
- Local cents-per-gallon tax rates on qualified fuel remain the same.
Additional information is available on Department of Taxation and Finance Important Notice N-15-3.