tax News Updates

Government, Business

Va. Proposes Tax Credit For Shipping by Rail or Barge

Virginia Gov. Bob McDonnell wants any company that ships cargo from the port in Norfolk via barge or rail rather than truck to receive a $50 per container state income tax credit.

January 18, 2011
Government, Business

Arkansas Committee Suggests Higher Fuel Taxes

A blue-ribbon committee that spent two years studying how to pay for road improvements in Arkansas has unveiled a list of possibilities that includes higher fuel taxes.

November 23, 2010
Fuel, Business

Deficit Panel Leaders Propose Increase of Federal Fuel Tax by 15 Cents

The co-chairmen of a bipartisan presidential commission created to find ways to reduce the federal deficit last week called for gradually raising the federal fuel tax by 15 cents a gallon, beginning in 2013.

November 15, 2010
Government, Business

FMCSA Backs ATA Position on Truck Decals

The Federal Motor Carrier Safety Administration has ruled that it is illegal for New Jersey and two local governments to require trucks to display decals or other forms of identification.

October 26, 2010
Business

Two Bills Propose Raising Federal Diesel Tax to Improve Highways, Boost Truck Sales

Two bills introduced in the House shortly before Congress adjourned for the midterm elections would raise the federal diesel tax to pay for improved infrastructure or help boost new truck equipment purchases.

October 11, 2010
Business

ATA Supports Alabama in Sales Tax Dispute

American Trucking Associations has filed court papers backing the state of Alabama in a U.S. Supreme Court case that could determine whether states can charge railroads sales tax on fuel purchases but exempt truckers.

October 11, 2010
Business

Oregon’s Weight-Mile Tax to Increase Oct. 1 by an Average of 24.5%

Oregon’s truck weight-mile tax is set to increase Oct. 1 by an average of 24.5%, along with the flat fees some truckers pay.

September 27, 2010
Business

Opinion: Trucking and Property Tax

All 50 states impose at least one form of annual property tax. Also known as an ad valorem tax, Latin for “according to value,” property taxes come in two types, real and personal.

September 10, 2010
Business

Obama Seeks New Business Tax Breaks

President Obama will ask Congress for tax breaks to allow businesses to write off new capital investments through 2011, the Associated Press reported Tuesday.

September 7, 2010
Fuel, Business

Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs

More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.”

May 24, 2010