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The law authorizes the Oregon Department of Transportation (ODOT) to set up a mileage collection system for 5,000 volunteer motorists beginning July 1, 2015. [18] ODOT may assess a charge of 1.5 cents per mile for up to 5,000 volunteer cars and light commercial vehicles and issue a gas tax refund to those participants. [3]
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
For anyone expecting a tax refund this year, here are some ways to stretch that refund further when you’re shopping in this inflated economy or one where the effects of inflation linger even longer.
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel. [3]
The $9.5-billion California tax refund program will provide one-time payments of up to $1,050 for some families. California taxpayers are about to get gas refunds. What you need to know
The legislation outlines a new tax refund that would be in effect from 2025 to 2030. Fuel tax refund to incentivize higher ethanol blends passes South Dakota Senate Skip to main content
The Mobil Economy Run determined the fuel economy or gas mileage potentials of passenger cars under typical driving conditions encountered by average motorists. This was rather different from the current method of computing fuel consumption by the United States Environmental Protection Agency (EPA) by running cars on chassis dynamometer in a climate-controlled environment.
“Middle-Class Tax Refund payments have been sent out to Californians to help with the high price of gas and cost of living. Californians could receive payments between $200 to $1,050 ...