Florida Tax: Gas & Sulfur Production Tax Rates for 2010-2011

Tax rates for 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. Tax rates are calculated based on the previous calendar year's producer price indices published by the Bureau of Labor Statistics. These adjusted rates must be used in completing the Declaration of Estimated Gas and Sulfur Production Tax (Form DR-144ES) beginning with the July 2010 estimated payment. Form DR-144ES will be mailed to all active accounts during the last week of July.

                                                       Gas Production   /  Sulfur Production
Base Rate                                               $0.171                   $2.43
Base Rate Adjustment Factor                   1.66443                2.04154
New Tax Rate Effective July 1, 2010     $0.285 per MCF      $4.96 per ton