No, you will not be required to file a floorstock report or pay a tank fee on any fuel stored at the terminal.
Taxable fuel located below the rack is subject to the floorstock tax and tank fee.
Non-taxable fuel below the rack is subject to the tank fee. The owner of the fuel, while it is in transit, pays the floorstock tax and tank fee. Bulk users must pay the floorstock tax and tank fee on undyed diesel fuel stored in tanks with exemption decals. Dead storage means the amount of taxable motor fuel that will not be pumped out of a storage tank because the fuel is below the mouth of the draw pipe. You can calculate dead storage using either of the following two methods.