New York Tax and Finance Department Publishes Sales Tax Rates on Motor Fuel, Diesel, Biodiesel

The New York Department of Taxation and Finance Aug. 1 published sales and use tax information on motor fuel, diesel, and biodiesel effective Sept. 1. The department explains that: 1) effective June 1 through Dec. 31, state sales and use taxes on motor fuel and highway diesel motor fuel are suspended; 2) the additional tax imposed in the Metropolitan Commuter Transportation District is also suspended June 1; and 3) several localities elected to change their method of computing local sales tax on fuels sold as qualified fuel so that it’s computed on a cents-per-gallon rather than percentage basis. The publication ...