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Connecticut’s tax on diesel fuel will increase beginning July 1stConnecticut’s tax on diesel fuel will increase in less than a month, adding to the current strain on the trucking industry. The tax on diesel fuel is scheduled to increase on July 1st, but the Department of Revenue Services has yet to decide what the new tax rate will be as of June 14th. The current Connecticut tax on diesel fuel is 40.1 cents per gallon. “It...0 Commentarios 0 Acciones 15K Views
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Prime Inc. Sues IRS for $11 Million Tax Refund on Diesel Used to Power Refrigerated Trailers; Not to Drive the Trucks; Says Refrigerated Trailer Fuel Should Not Be Taxed as Highway FuelSPRINGFIELD, MISSOURI — Prime Inc., one of the country's largest trucking companies, has filed a federal lawsuit seeking an $11 million refund from the Internal Revenue Service for federal fuel excise taxes the company says were wrongfully collected on diesel fuel used to power its refrigerated trailer units — not to drive the trucks. The complaint was filed on June 16, 2026, in...0 Commentarios 0 Acciones 705 Views