
Application for Licenses of Motor Fuels Oklahoma Tax Commission Tax Ok Form
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People also ask
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What is the Oklahoma Tax Commission Form 130?
Oklahoma Tax Commission Form 130 Application for Refund of Motor Fuel Tax Gasoline and Undyed Diesel Only for Purchases July 1, 2018 and Forward. This form is used for purchases made on July 1, 2018 and forward.
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What is the fuel tax credit in Oklahoma?
Retailers that sell fuel blends of gasoline containing up to 15% ethanol by volume (E15) are eligible for a motor fuel tax credit of $0.016 per gallon of ethanol blended into gasoline and sold in Oklahoma, as long as the retailer provides a price reduction to the purchaser of the ethanol fuel in the same amount.
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What are the new gas tax laws in Oklahoma?
2020 Legislative and Voter Actions The gas tax increased from 16.2 CPG to 21.2 CPG on July 1, 2020, totaling 5 CPG in the first year. The gas tax will again increase from 21.2 CPG to 26.2 CPG and the diesel fuel tax will increase from 20.2 CPG to 27 CPG on July 1, 2021.
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What is the excise tax on motor fuel in Oklahoma?
Motor Fuel Tax Gasoline and diesel fuel are taxed at $0.19 per gallon, special fuels are taxed at $0.16 per gallon, and aviation gasoline and jet fuel are taxed at $0.0008 per gallon.
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How do I get my IFTA stickers in Oklahoma?
To receive an IFTA license in Oklahoma you must complete an application and submit it to the Oklahoma Corporation Commission. There is currently no charge for the license, however there is a $2 fee for each set of decals. Each qualified vehicle is required to have a set of decals.
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What is the fuel tax in Oklahoma?
Motor Fuel Tax Gasoline and diesel fuel are taxed at $0.19 per gallon, special fuels are taxed at $0.16 per gallon, and aviation gasoline and jet fuel are taxed at $0.0008 per gallon.
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What is the federal fuel tax credit?
The Fuel Tax Credit allows businesses to reduce their taxable income dollar for dollar based on using specific types of fuel costs. This credit is only available to some individuals, as it is limited to off-highway business use and a strictly defined selection of uses.
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What is the tax credit for fuel cell vehicles?
Who qualifies. You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
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