Increase in Gasoline License Tax, Special Fuel License Tax, and Motor Carrier Surcharge Tax

P.L. 218-2017 requires the department to publish the new rates effective July 1, 2019, for the gasoline license tax (IC 6-6-1.1-201) and special fuel license tax (IC 6-6-2.5-28) on the department’s Internet website no later than June 1, 2019. For the period July 1, 2019, to June 30, 2020, the following rates shall be in effect:

• Gasoline license tax: $0.30/gallon
• Special fuel license tax: $0.49/special fuel gallon

Effective July 1, 2018, the motor carrier surcharge tax (IC 6-6-4.1-4.5) will no longer be imposed. The previously imposed rate has been incorporated into the special fuel tax rate.

Overseas Earnings and Taxes

Federal law (IRC 965) states that any untaxed foreign earnings or profit is now a repatriated dividend that needs to be reported when filing both state and federal taxes.