Get the free International Fuel Tax Agreement (IFTA) - Teletrac Navman US
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TELETRAC NAVMAN AND PROMILES ANNOUNCE INTEGRATED SOLUTION FOR FUEL TAX REPORTING AND COMPLIANCENew Partnership to Reduce Administrative Burden, Improve Quality of Data and Advance Automation Glenview,
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How to fill out international fuel tax agreement
How to fill out international fuel tax agreement
01
Gather all necessary information including vehicle details, fuel purchase details, and distance traveled in each jurisdiction.
02
Fill out the required form with accurate information for each jurisdiction involved.
03
Submit the completed form along with any required fees to the appropriate authority.
04
Keep detailed records of fuel purchases, mileage, and jurisdictional travel for auditing purposes.
Who needs international fuel tax agreement?
01
Trucking companies or carriers operating in multiple jurisdictions
02
Individual truck drivers who regularly cross state or international borders for deliveries
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What is international fuel tax agreement?
The International Fuel Tax Agreement (IFTA) is an agreement among the U.S. states and Canadian provinces to simplify the reporting of fuel use by motor carriers that operate in multiple jurisdictions.
Who is required to file international fuel tax agreement?
Motor carriers that operate commercial vehicles with a gross vehicle weight over a certain limit (usually 26,000 lbs or 11,793 kg) in multiple jurisdictions must file the IFTA.
How to fill out international fuel tax agreement?
To fill out the IFTA, carriers must report total miles traveled, fuel purchased, and other pertinent information for each jurisdiction in which they operated during the reporting period. This is generally done using an IFTA tax return form.
What is the purpose of international fuel tax agreement?
The purpose of the IFTA is to provide a fair and equitable distribution of fuel tax revenues among the states and provinces, while reducing the administrative burden on motor carriers.
What information must be reported on international fuel tax agreement?
Carriers must report total miles traveled in each jurisdiction, gallons of fuel purchased in each jurisdiction, and other necessary details such as jurisdiction codes and fuel types.
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