What is the tax rate on general aviation fuel?
The excise tax on general aviation fuel is 6¢ per gallon [sec. 78.555, Wis. Stats.]. Inventory tax – Currently there is no statutory authority to impose an inventory tax on general aviation fuel if the tax rate were to change. Tax on unleaded automobile gas placed in small planes – Small planes are often powered by the same unleaded gasoline that is placed in the family car. Section 78.01(2)(f), Wis. Stats., allows a general aviation fuel dealer to purchase gasoline from a motor vehicle fuel supplier in amounts of 100 gallons or more without paying the 30.9¢ per gallon motor vehicle fuel tax. The licensed general aviation fuel dealer bills customers the 6¢ per gallon general aviation fuel tax on the unleaded gas placed in small planes and then remits the tax to the Department of Revenue.
