Just got an answer from Alberta Finance...and here it is:
Marked Fuel
The exemption of tax on marked fuel, including the exemptions provided under the Tax Exempt Fuel User (TEFU) and Alberta Farm Fuel Benefit (AFFB) programs administered by Alberta Treasury Board and Finance, Tax and Revenue Administration (TRA), will be capped at $0.09 per litre. Therefore, fuel used in unlicensed vehicles and equipment that was previously tax-out for eligible off-road activities, farming operations or for use in licensed farm vehicles, will now be taxed at $0.04 per litre for gasoline and diesel. Full direct remitters should charge and remit $0.04 per litre on fuel that is dyed after 12:01 a.m. on March 27, 2015. All other marked fuel vendors currently approved by TRA to dye fuel should charge $0.04 per litre on fuel that is dyed after 12:01 a.m. on March 27, 2015, and TRA will process your rebrand claim accordingly.
So there we have it...farmers WILL pay the extra 4 cents a litre as the exemption is capped at 9 cents a litre.
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Marked Fuel
The exemption of tax on marked fuel, including the exemptions provided under the Tax Exempt Fuel User (TEFU) and Alberta Farm Fuel Benefit (AFFB) programs administered by Alberta Treasury Board and Finance, Tax and Revenue Administration (TRA), will be capped at $0.09 per litre. Therefore, fuel used in unlicensed vehicles and equipment that was previously tax-out for eligible off-road activities, farming operations or for use in licensed farm vehicles, will now be taxed at $0.04 per litre for gasoline and diesel. Full direct remitters should charge and remit $0.04 per litre on fuel that is dyed after 12:01 a.m. on March 27, 2015. All other marked fuel vendors currently approved by TRA to dye fuel should charge $0.04 per litre on fuel that is dyed after 12:01 a.m. on March 27, 2015, and TRA will process your rebrand claim accordingly.
So there we have it...farmers WILL pay the extra 4 cents a litre as the exemption is capped at 9 cents a litre.
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