Instant O/O and Load boards

I think you must be talking of quarterly ifta tax, yes?

For arguments sake, lets just say your truck gets an even 6 mpg. Now lets just say you ran exactly 120 miles in North Carolina durring the whole quarter. You would have burned 20 gallons of fuel in doing so. You could either buy 20 gallons while in NC and owe nothing, or you could buy no fuel, but would pay .299 cents for every 20 gallons you burned but did not buy. 20 X .299 = $5.98 that you would owe the state of NC. Or, lets say you bought 21 gallons, then you would have a credit or .299 cents (call it 30 cents)

You can google up what the state fule tax is for all 48 states, then figgure where best to purchase the majority, if not all of your fuel.

An example is myself - I run from Wisconsin to Florida and back. I purchase the majority of my fuel in the 2 states that that are the most expensive - Fla and Ill. I will pay .13 cents per gallon more in Ill that what I could get it for in KY, but the tax credit per gallon in Ill right now is over .25 cents/gallon vs KY. In other words, fuel is cheaper in Ill by .12 cents per gallon vs KY, even though cash price in KY is .12 cent/gallon cheaper at the pump.

I figgured out how best to buy my fuel, that I actually had a credit of 71 cents for the last quarter.

I post a link for the current state taxes and fuel prices, but don't want to risk geting an infraction. Hell, I'll just PM it to ya....

 

How did your insurance quote turn out for 48 state running?

 

Depends on how you look at it. Well actually yes, the way I buy fuel is aimed at saving me money. Some guys buy all their fuel where ever it is cheapest at the pump, such as states like In, Tn, Ky, Ga etc, becuase the fuel tax is about 12-17 cents per gallon, and thus it's reflected in the pump price. However, this is not neccessarly the cheapest way to buy fuel overall, because these guys will end up paying in at the end of the qaurter in the states like Fla and Ill where they didnt buy a drop.

If you go to that site that I PM'ed ya, look at the 3rd colum from the left and it shows you the Ex-Tax Fuel price. That alone tells all

Look at it like this - If, hypotheticaly speaking, fuel today was the exact same price at the pump in NC as it is in Va, and these were 2 states you were to do some running in, you would want to buy your fuel in Nc, since the tax is 12 cents more than in Va.

 

Ok, but I thought Oregon was something altogether different than the example you've provided Magnum?

I know this doesn't apply to Pharm's current situation, but I'm trying to understand all this stuff too.

 

you dont pay any taxes at the pump in oregon