State Mileage Tax Rate and Ad Valorem Tax Rate?
- Thread starter JohnO
- Start date
nightcreacher
Veteran Expediter
RE: State Mileage Tax Rate and Ad Valorem Tax Rate
what is valorem,
what is valorem,
RE: State Mileage Tax Rate and Ad Valorem Tax Rate
Just got off the phone with OOIDA and here in my layman’s term is answer.
State Mileage Tax Rate
state mileage tax rate is an additional tax that is charged according to how many miles you have driven in that state. This is in addition to fuel tax charged per gallon of fuel. There is no credit given for this as it’s an additional tax.
Four states charge state mileage tax rate KY .0285, NM .0438, NY .0462 and OR .1316 is computed by multiplying the tax rate by the number of reported miles submitted on yearly IRP in that state.
Example: if you drive 500 miles in KY you’ll owe them $14.25 that is over an above the state fuel used tax rate.
Ad Valorem Tax
Ad Valorem Tax is an additional tax to fuel tax charged per gallon and state mileage tax rate. There is no credit given as it’s an additional tax.
Three states charge ad valorem tax AR .0048, KS .0102, TN .0076
Computation of the tax owed is beyond my humble understanding so leave to say that they will tax you depending on truck value % of total miles driven in a year in that state and the tax rate they set.
Glad I cleared that up for everyone…LOL
Just got off the phone with OOIDA and here in my layman’s term is answer.
State Mileage Tax Rate
state mileage tax rate is an additional tax that is charged according to how many miles you have driven in that state. This is in addition to fuel tax charged per gallon of fuel. There is no credit given for this as it’s an additional tax.
Four states charge state mileage tax rate KY .0285, NM .0438, NY .0462 and OR .1316 is computed by multiplying the tax rate by the number of reported miles submitted on yearly IRP in that state.
Example: if you drive 500 miles in KY you’ll owe them $14.25 that is over an above the state fuel used tax rate.
Ad Valorem Tax
Ad Valorem Tax is an additional tax to fuel tax charged per gallon and state mileage tax rate. There is no credit given as it’s an additional tax.
Three states charge ad valorem tax AR .0048, KS .0102, TN .0076
Computation of the tax owed is beyond my humble understanding so leave to say that they will tax you depending on truck value % of total miles driven in a year in that state and the tax rate they set.
Glad I cleared that up for everyone…LOL
FAMILYEXPDT
Seasoned Expediter
RE: State Mileage Tax Rate and Ad Valorem Tax Rate
State mileage tax rate is the rate that the states charge for mileage usage of their roads....they figure the rate, and add that into their tax for diesel fuel based on mpg formula. Ad valorem tax is then added on top oif that depending on what project they want to have done and what money is earmarked for.....ad valorem can be as low or as high as they deem it and is set by gals of fuel..example...create money for a toll road state passes an ad valorem tax of .20 a gallon on diesel fuel that is added at pump and then dispersed for that state for that purpose. Each state is different.
-charlotte
State mileage tax rate is the rate that the states charge for mileage usage of their roads....they figure the rate, and add that into their tax for diesel fuel based on mpg formula. Ad valorem tax is then added on top oif that depending on what project they want to have done and what money is earmarked for.....ad valorem can be as low or as high as they deem it and is set by gals of fuel..example...create money for a toll road state passes an ad valorem tax of .20 a gallon on diesel fuel that is added at pump and then dispersed for that state for that purpose. Each state is different.
-charlotte
RE: State Mileage Tax Rate and Ad Valorem Tax Rate
The ad valorem and other state specific taxes are a nuisance but don't affect the fuel purchasing system discussed in another thread. You are still best off if you compute the net cost of the fuel and purchase accordingly.
Leo Bricker, 73's K5LDB, OOIDA Life Member 677319
Owner, Panther trucks 5508, 5509, 5641
Highway Watch Participant, Truckerbuddy
EO Forum Moderator
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Support the entire Constitution, not just the parts you like.
The ad valorem and other state specific taxes are a nuisance but don't affect the fuel purchasing system discussed in another thread. You are still best off if you compute the net cost of the fuel and purchase accordingly.
Leo Bricker, 73's K5LDB, OOIDA Life Member 677319
Owner, Panther trucks 5508, 5509, 5641
Highway Watch Participant, Truckerbuddy
EO Forum Moderator
----------
Support the entire Constitution, not just the parts you like.