News and Insights

British Columbia Notice 2009-017

Tax Development Dec 10, 2009

“Notice to Collectors, Deputy Collectors and Retail Dealers – Fuel Tax Changes and Inventory Requirements”

British Columbia has issued this notice to remind fuel sellers that effective January 1, 2010, certain fuels will no longer be exempt from carbon tax or motor fuel tax.  In addition, carbon tax rates will change on certain fuels and TransLink’s tax rate on clear gasoline and clear diesel will increase.  Deputy collectors and retail dealers are required to calculate the amount of these fuels held in inventory immediately after midnight on December 31, 2009, and remit any additional security due, if applicable.

BC Notice 2009-017