IFTA, Inc. International Fuel Tax Association

3rd Quarter 2024 Tax Rate Changes

Exchange Rate*: U.S.= 1.3752 / Canada = 0.7272

Last Updated on 6/24/24

State / Province	Rate	Gasoline	Special Diesel	Gasohol	Propane	LNG	CNG	Ethanol	Methanol	E-85	M-85	A55	Biodiesel	Electricity	Hydrogen	Hythane
*COLORADO (CO)*	U.S. Can.	*0.2600* 0.0945	*0.2850* 0.1035	*0.2600* 0.0945	0.1350 0.0491	0.1200 0.0436	0.1830 0.0664	*0.2600* 0.0945	*0.2600* 0.0945	*0.2600* 0.0945	*0.2600* 0.0945	*0.2600* 0.0945	*0.2850* 0.1035
*NEBRASKA (NE)*	U.S. Can.	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075	*0.2960* 0.1075		*0.2960* 0.1075	*0.2960* 0.1075
*VIRGINIA (VA)* #19	U.S. Can.	*0.3080* 0.1119	*0.3180* 0.1155	*0.3080* 0.1119	*0.3080* 0.1119	*0.3470* 0.1261	*0.3080* 0.1119	*0.3080* 0.1119	*0.3080* 0.1119	*0.3080* 0.1119	*0.3080* 0.1119	*0.3080* 0.1119	*0.3180* 0.1155
*VIRGINIA (VA)* #19 (Surcharge)	U.S. Can.	*0.1520* 0.0553	*0.1420* 0.0516	*0.1520* 0.0553	*0.1520* 0.0553	*0.1710* 0.0622	*0.1520* 0.0553	*0.1520* 0.0553	*0.1520* 0.0553	*0.1520* 0.0553	*0.1520* 0.0553	*0.1520* 0.0553	*0.1420* 0.0516
*WYOMING (WY)* #32	U.S. Can.	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	0.2400 0.0872	*0.0072* 0.0099	0.2400 0.0872

Propane, CNG, and Methanol are taxed at the rates shown per gasoline gallon equivalent (GGE). One GGE is equal to 5.75 pounds or 1.353 gallons of propane; 5.66 pounds of CNG; and 2.04 gallons of methanol. LNG is taxed at the rates shown per diesel gallon equivalent (DGE), with one DGE equal to 6.06 pounds of LNG. All other fuels are taxed at the rates shown per gallon. Visit https://www.dmv.virginia.gov/businesses/motor-carriers/ifta/calculator for a calculator to convert quantities of propane, CNG, LNG, and methanol to appropriate units for IFTA reporting.

Liquified natural gas is taxed at $0.24 per diesel gallon equivalent (DGE) of 6.06 pounds, per W.S. 39-17-301(a)(xv). Nonliquified compressed natural gas is taxed at $0.24 per gasoline gallon equivalent (GSE) of 5.66 pounds, per W.S. 39-17-301(a)(xxv).Liquified petroleum gas, aka propane, is taxed at $0.24 per diesel gallon equivalent (DGE) of 1.35 gallons, per Fuel Tax FAQ page. Electricity is taxed at $0.24 per gasoline gallon equivalent (GGE) of 33.56 kilowatt hours, per Wyoming Statute 39-17-301(a)(xxv) We are using the GGE to arrive at the .0072 tax rate per kWh in the IFTA tax matrix."

3rd Quarter 2024 Tax Rate Changes

Footnotes

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