If you are opening a business or other entity that will have employees, will operate as a Corporation or Partnership, is required to file any of these tax returns: employment, excise, or Alcohol, Tobacco and Firearms or is a Trust, Estate or Non-profit organization you are required to obtain a Texas Tax ID (EIN).
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. One of the major components of the excise program is motor fuel.
State Excise Tax: The California state excise tax is currently 30 cents per gallon. Federal Excise Tax: The federal excise tax is currently 18.4 cents per gallon. Retail Gasoline Price: The weekly average price for California from the Energy Information Administration (EIA) (http://www.eia.doe ...t is not a seven-day average. The margin provided here is an indicator for the California market as a whole and not for any particular refiner or retailer of gasoline. The Energy Commission cannot estimate profit margins based on average retail prices and observed wholesale market prices.