What Is International Fuel Tax Agreement (Ifta)

You must keep records that adequately document all the information you provide in your quarterly fuel tax return. Registrations must be kept for a period of four years from the due date of your quarterly return or the date of the report, depending on the date of the subsequent date. In some jurisdictions, you may need to keep your records for a longer period of time. If you have any questions about the specific conservation requirements of a jurisdiction, please contact the court to find out more. In the 1980s, some states entered into agreements on the establishment of a common revenue distribution program and the removal of the fuel tax authorization requirement. Over the years, this program has become IFTA. If you are an Alberta carrier with qualified vehicles that are not registered for IFTA, your vehicles cannot travel to other IFTA countries without purchasing a travel authorization for fuel tax purposes. If you are transporting goods for another person, a contract may make the carrier, not the owner of the vehicle, responsible for inter-judicial notification and payment of fuel taxes. The contract must realize that yes, you must submit a “zero” return, even if no taxable fuel has been used.

For the submission of IFTA`s rights, the licensee establishes, at the end of the business quarter, a report on the fuel tax, which lists the miles travelled in all participating jurisdictions and the litres of fuel purchased there. Support documents include mileage, distance readings, fuel readings and vouchers taxed for retail fuels. All relevant data, such as empty miles and fuel vouchers, must be taken into account when notifying IFTA claims. is a cooperation agreement between Canadian provinces and most U.S. states to allow inter-judicial air carriers to report the fuels they use and pay taxes. Qualified commercial vehicles operating in more than one U.S. state or Canadian province must submit a consolidated report on fuel taxes (for example, gasoline. B, diesel, liquefied natural gas, compressed natural gas and liquefied natural gas).

IFTA only covers fuel taxes. It does not include road taxes, weight and weight taxes, or other specific taxes. You must continue to pay these taxes directly to the countries in which you are travelling. As an IFTA licensee, you report your fuel purchases and jurisdictional travel within one month of the end of each quarter. The Ministry of Finance will send you an IFTA tax return at least 30 days before each due date. If your qualified vehicle only travels occasionally to more than one IFTA member country, you can obtain a travel authorization for each jurisdiction to meet your fuel tax obligations. The IFTA OBJECTIVE is to establish and maintain the concept of a single fuel tax licence for all your qualified vehicles by allowing them to travel to all IFTA jurisdictions, by submitting a single tax return per quarter with your main jurisdiction to declare your fuel consumption and mileage for all IFTA Member States and provinces. Under the IFTA, interjurisdictional carrier reports the amount of fuel consumed and the distance travelled in the different jurisdictions. Member States cooperate to track, remove and divide taxes on fuels such as petrol, diesel, propane, diesel, methanol, ethanol, natural gas and biodiesel.