Gas and Sulfur Production Tax Rates for 2019-2020
Producers of Gas and Sulfur
On July 1 of each year, the tax rates for production of gas and sulfur are adjusted as provided by law. The adjusted rates must be used when completing the Declaration of Estimated Gas and Sulfur Production Tax (Form DR-144ES) beginning with the July 2019 estimated payment. Form DR-144ES will be mailed to all active accounts during the last week of July.
Tax Year | Tax Rate |
---|---|
Effective July 1, 2019 | $0.225 per MCF |
$0.171 | (Base Rate) |
x 1.31324 | (Base Rate Adjustment) |
$0.225 per MCF | (1,000 cubic feet) |
Tax Year | Tax Rate |
---|---|
Effective July 1, 2019 | $5.79 per ton |
$2.43 | (Base Rate) |
x 2.38459 | (Base Rate Adjustment) |
$5.79 | per ton |
The rates are calculated based on the previous calendar year's producer price indices published by the United States Bureau of Labor Statistics.
References: Sections 211.025 and 211.026, Florida Statutes