When determining where to purchase fuel always look at prices “net” of state fuel tax. If you aren’t basing your decisions in this manner you could be paying too much for fuel. For example, in the chart below Tennessee has the lowest retail price per gallon.
However, when you take out the “state fuel tax” Georgia becomes the hands-down cheapest fuel. Georgia appears to be $0.03 per gallon more expensive than gallons purchased in Tennessee, however based on STATE TAX it is actually $0.09 per gallon cheaper when you go to file your IFTA reports.
For a complete list of taxes by state refer to this free web-site:
http://www.api.org/~/media/Files/Statistics/StateMotorFuel-OnePagers-Nov-2016.pdf
If you have questions about your tax implications, please give us a call at 855-241-6001 so we can help you find even more savings at the pump!
Remember, we offer the best fuel card in the industry, plus excellent savings on tires and insurance for all of our Truckers Solution members.
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