DATE ISSUED: July 1, 2007
Per-Ton Tax Rate Announcement
The per-ton indexed tax rate for calculating use tax on asphalt manufactured by a contractor for his or her own use will increase to 62 cents per ton from July 1, 2007, through June 30, 2008.
An exemption of 40 percent of the indexed tax on asphalt manufactured for a contractor's own use in any federal, state, or local government public works project remains in effect. The tax shall be paid at the rate of 37 cents per ton on these projects, through June 30, 2008.
On July 1st of each year, the indexed tax is adjusted according to a producer price index calculated and published by the United States Department of Labor, Bureau of Statistics.
Contractor's Use Tax on Manufactured Asphalt
Use tax on asphalt manufactured for a contractor's own use continues to be computed as follows:
If the tax has been paid to a third party on the cost of materials or transportation in (a) or (b) above, then the cost of such materials or transportation shall not be included in computing the total tax due. The tax shall be due in the month the asphalt is manufactured for the contractor's own use and is required to be remitted on the Sales and Use Tax Return (Form DR-15).
References: Section 212.06(1)(c), Florida Statutes
This document is intended to alert you to the requirements contained in Florida laws and administrative rules. It does not by its own effect create rights or require compliance.
For forms and other information, visit our website at www.floridarevenue.com or call Taxpayer Services at 800-352-3671, Monday through Friday (excluding holidays).
For a detailed written response to your questions, write the Florida Department of Revenue, Taxpayer Services, MS 3-2000, 5050 West Tennessee Street, Tallahassee, FL 32399-0112.