By Keith Goble, Land Line state legislative editor
States across the country this week are making changes to their fuel tax collection.
North Carolina’s fuel tax rate is on the way down. The action follows a 2015 state law that overhauled how the state collects tax on fuel purchases.
The state’s per-gallon fuel tax rate was 37.5 cents. The fuel tax was composed of a flat rate and a wholesale component. It was adjusted twice annually based on wholesale prices, which plunged in the months leading up to the 2015 rule change.
- See more at: Seven states change fuel tax rates as of July 1
States across the country this week are making changes to their fuel tax collection.
North Carolina’s fuel tax rate is on the way down. The action follows a 2015 state law that overhauled how the state collects tax on fuel purchases.
The state’s per-gallon fuel tax rate was 37.5 cents. The fuel tax was composed of a flat rate and a wholesale component. It was adjusted twice annually based on wholesale prices, which plunged in the months leading up to the 2015 rule change.
- See more at: Seven states change fuel tax rates as of July 1
