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California’s gasoline demand declined 1.1 percent while average prices were $4.11 per gallon in August 2012 according to fuel tax data released Tuesday by Betty T. Yee, First District Member of the California State Board of Equalization (BOE).
Diesel consumption declined 2.1 percent while diesel fuel prices averaged $4.24 per gallon in August.
“High gasoline prices keep straining California families’ budgets, and in turn affect their consumption habits,” said Yee.
California’s gasoline consumption was 1.26 billion gallons in August 2012, down 14 million gallons or a 1.1 percent decline from last August.
California average gasoline prices were up 29 cents to $4.11 in August or 7.5 percent higher than August 2011, according to the Energy Information Administration (EIA).
The EIA also reported that U.S. retail gasoline prices averaged $3.78 a gallon in August 2012, up 8 cents from August 2011.
California’s diesel consumption was 223 million gallons in August 2012, down 5 million gallons or a 2.1 percent decline from August 2011.
California’s average diesel prices went up 23 cents to $4.24 per gallon this August compared to August 2011. The EIA reported the U.S. average diesel prices in August was up 12 cents to $3.98.
For more information on California fuel statistics reports based on fuel tax receipts paid by distributors in California, visit: www.boe.ca.gov/sptaxprog/spftrpts.htm .
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SACRAMENTO – The statewide sales and use tax rate will increase one quarter of one percent (0.25%) from 7.25 percent to 7.50 percent on Jan. 1, 2013.
This rate increase was approved by California voters when they approved Proposition 30 on Nov. 6.
Among other things, Proposition 30 increases the statewide sales and use tax rate for four years – Jan. 1, 2013, through Dec. 31, 2016.
Across California, the sales and use tax rate will range from 7.5 percent to 10 percent because in some cities and counties, voter-approved district taxes are added to the statewide base rate.
California sales tax generally applies to retail sales of goods and merchandise except those sales specifically exempted by law.
“Use tax” is the same rate as the sales tax and generally applies to the storage, use, or other consumption of goods in California purchased from retailers in transactions not subject to the sales tax.
Use tax may also apply to purchases shipped to California consumers from other states, including purchases by mail order, telephone, or Internet.
The sales and use tax rate increase does not apply to purchases of gasoline. However, the sales and use tax rate increase does apply to purchases of diesel fuel.
For updates on the latest changes, retailers should check the BOE Web site, www.boe.ca.gov , or call the BOE Taxpayer Information Section at 1-800-400-7115 (TTY: 711), Monday through Friday from 8 a.m. to 5 p.m. (Pacific Time).
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