Re: Federal Fuel Tax

That's interesting.  I'd call the IRS can get a verification on that.  I
don't believe the state has a minimum.

-B

On Wed, 2007-06-27 at 11:22 -0700, Edward Culp wrote:
> My understanding is that 400 gallons per quarter of untaxed fuel is exempt from Form 720-
>    
>   From IRS Publication 510 Definitions-
>    
>   Blended taxable fuel. This means any taxable fuel produced outside the bulk transfer/terminal system by
>   mixing taxable fuel on which excise tax has been imposed and any other liquid on which excise tax has not
>   been imposed. This does not include a mixture removed or sold during the calendar quarter if all such
>   mixtures removed or sold by the blender contain less than 400 gallons of a liquid on which the tax has not
>   been imposed.
>    
>    
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