Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 78. Motor Vehicle And General Aviation Fuel Taxes |
SubChapter II. ALTERNATE FUELS TAX |
Section 78.405. Annual adjustment of the tax rate.
Latest version.
- (1) Before April 1, the department annually shall calculate the rate for the tax under s. 78.40 as follows:(a) Determine the standard number of British thermal units per gallon generated by gasoline.(b) Determine the standard number of British thermal units per gallon generated by each kind of alternate fuel that is sold in this state.(c) For each kind of alternate fuel sold in this state, divide the result under par. (b) by the result under par. (a) .