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Fuel Excise Tax
| Federal Aviation Fuel Excise Tax on Aviation Gas and Jet Fuel |
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Data Table [1]
|
A |
1999-2000 |
2000-2001 |
2001-2002 |
2002-2003 |
2003-2004 |
|
B |
$62,587,981 |
$64,577,793 |
$42,343,396 |
$80,240,830 |
$82,873,887 |
A = Fiscal year
B = Aviation Fuel Excise Tax collected by the Government of Canada on Aviation Gas and Jet Fuel.
- Although there was some relief on the amount of tax levied after the tragic events of 2001, we see that over time there has been a steady increase.
- The aviation fuel excise tax is directed to general revenues and is not necessarily reinvested into air transport.
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[1] Public Accounts of Canada, 2003-2004 [2] Parliament of Canada, The Excise Tax Act ( R.S. 1985, c. E-15 ) unofficial copy available on the world wide web at http://laws.justice.gc.ca/en/E-15/text.html
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