Understanding fuel excise tax requirements and opportunities
Excise taxes are applied to four main fuel types with many exemptions available for nontaxable uses. Whether your company uses fuel in manufacturing, operations, production or distribution, it is important to know when you are responsible for this tax–and when you are not. Companies have a greater ability to control this tax than is often believed.
In this 9-minute presentation David Fonda, a director in RSM's excise tax practice, will discuss the application of the excise tax on fuels along with exemption and planning opportunities.
Learn more about how RSM can help your business manage its fuel excise tax responsibilities.