In Ohio, fuel taxes are applied to gasoline, diesel, and compressed natural gas (CNG) to fund transportation infrastructure and maintenance. As of July 1, 2019, the tax rates are as follows:
- Gasoline: $0.385 per gallon
- Diesel: $0.47 per gallon
- CNG: $0.47 per gallon
These taxes are collected at the point of sale and are included in the price per gallon that consumers pay at the pump. The revenue generated from these taxes is allocated to the maintenance and development of Ohio’s highways, roads, and bridges, ensuring safe and efficient travel for all vehicles. It’s important to note that these state tax rates are in addition to federal fuel taxes, which are $0.184 per gallon for gasoline and $0.244 per gallon for diesel.
Understanding these tax rates is crucial for fleet operators and trucking companies’ budgeting and compliance purposes. Accurate fuel tax reporting ensures adherence to state regulations and helps avoid potential penalties. TruckX offers fleet management solutions that assist in monitoring fuel consumption and calculating fuel taxes. TruckX enables fleet managers to optimize fuel usage, maintain compliance with state and federal tax regulations, and enhance overall operational efficiency by providing real-time data and analytics.
Staying informed about current fuel tax rates and utilizing TruckX’s advanced fleet management solutions can lead to significant cost savings and streamlined operations for trucking businesses operating in Ohio and beyond.
