I operate a gasoline bar. Can I apply for a tax refund to cover gasoline losses due to handling and evaporation?
Most retailers (gas stations) can apply for a tax refund to cover gasoline losses due to handling and evaporation under the ‘TEU Schedule 1’. Receipted invoices must be submitted to support the claim. The rate of refund is based on .21 per cent of Ontario tax paid on gasoline sold at retail. ‘Outlets’ owned and operated by collectors do not qualify for this allowance.
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