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Gasoline Tax

Gasoline means:

the product distilled from petroleum which, by combustion, develops the power required for operating internal combustion engines, and also means every other liquid product that fulfills the same purpose by the same means and for the same end, except diesel oil, and includes aviation fuel and any other product determined to be gasoline.

Diesel Oil means:

the products distilled from petroleum that are capable of developing the power required for operating internal combustion engines and that are commonly known as diesel oil, semi-diesel oil or fuel oil and includes furnace oil and any other products determined to be diesel oil. The gasoline tax is applied at the wholesale level by oil companies.

Aviation Fuel means:

any gas or liquid that is sold to be used or is used to create power to propel an aircraft and includes any product that is designated to be aviation fuel by the regulations.


The authority to impose and collect Gasoline Tax is provided by the Gasoline Tax Act. The Act provides for the levying of tax on all purchases of gasoline, diesel oil and propane used to propel motor vehicles, and on aviation fuel. The Prince Edward Island gasoline tax is applied at the wholesale level and is remitted to the Department of Finance, Energy and Municipal Affairs by the oil companies. The due date for remittance at Taxation and Property Records is on or before the 25th day of each month.

The Gasoline Tax Act was proclaimed and came into force on May 1, 1924. Since that date, there have been major changes and amendments to the Act. In 1926, 1937, 1961 and 1972, the previous Acts were repealed and replaced with new Act. In 1951, 1974 and 1988, the Statutes of Prince Edward Island underwent revision and consolidation. The latest Gasoline Tax Act and Regulations are available online as a PDF documents.



Please note:
This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes shall prevail.  

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