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Fuel Tax Refunds in Virginia for Racecars

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Old 07-13-2016, 10:27 AM
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el es tu
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Default Fuel Tax Refunds in Virginia for Racecars

I stumbled across this and figured it may help some folks...

According to the dmv you can get a fuel tax refund for fuel purchased for the purpose of "operating or propelling vehicles used solely for racing other vehicles on a racetrack." - http://www.dmv.virginia.gov/commerci...x_eligible.asp

More information: https://www.dmv.virginia.gov/commerc.../fuel_tax.html


Old 07-13-2016, 10:58 AM
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naschmitz
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Saves $0.162/gal, right? @20gal/day would translate to $3.

NC will let you file up to three years in the past. But the $0.36/gal highway tax is replaced with a $0.16/gal sales tax so heads they win, tails you lose.
Old 07-13-2016, 11:11 AM
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Captain Buddha
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When I used to burn a lot of fuel in the cruiser (boat) I'd file (and receive) the highway tax refund in Texas - it was a few hundred dollars each year. Any off road / off highway equipment qualifies, you keep receipts, logs, etc. The TX State Comptroller asked for receipts the first year, that was it, just a bit of paperwork but it was with it. I recall it being 20 cents a gallon or so.

Link for Texas:
http://comptroller.texas.gov/taxinfo/refunds/fuels/

Last edited by Captain Buddha; 07-13-2016 at 11:13 AM.

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