Friday, December 12, 2014

PA Oil Franchise Tax To Increase In 2015: 9.8 Cents For Gasoline, 13.2 Cents For Diesel

The Department of Revenue published notice in the December 13 PA Bulletin the state Oil Franchise Tax on gasoline and diesel fuel will be increasing again in 2015 to pay for the transportation improvement program enacted in 2012.
The tax on gasoline will be 50.2 cents per gallon, up 9.8 cents from 2014 and the tax on diesel fuel will be 64.2 cents per gallon, up 13.2 cents from last year.
Prior to the transportation funding plan, the Oil Franchise Tax on gasoline was 19.2 cents and 26.1 cents on diesel in 2012.
The Oil Franchise Tax is imposed on wholesale distributors of gasoline and diesel fuel and may or may not result in a one-for-one increase in fuel cost at the pump.

1 comment :

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