Monday, August 24, 2015

Alabama – Fuel Tax Changes

There are new fuel tax bond requirements in Alabama for petroleum seller.  In October of 2016, there will be a change to the fuel tax bond that is required.  Remember, a fuel tax bond is a type of surety bond and is required by statute and guarantees that taxes will be paid to the state.See more at the article below.See our Delicious page here.See our Diigo page here. Fuel Tax Bond Requirement For Alabama Petroleum Product SellersAre you running a business as a petroleum products supplier in Alabama? Then it’s worth looking into a new piece of legislation coming into effect on October 1, 2016 that is going to affect your work.Bill SB 133, which has already been enacted, introduces a change to the fuel tax bond that is required for those who sell petroleum products for which there is an inspection fee charged. The fuel bond amount is increased and there are more types of suppliers now that are required to o

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