Most people in the transportation industry have at least heard of IFTA (International Fuel Tax Agreement), but there is a lot of confusion regarding the rules. IFTA is one of the many regulations fleet owners must be aware of to ensure their operations are in compliance with the law. The responsibility for understanding and abiding by regulations often falls on the shoulders of fleet managers or owners of small fleets. With this step-by-step guide, fleets will better understand IFTA reporting regulations, what they entail and how to remain compliant.
Recent posts by P-Fleet
3 min read
The International Fuel Tax Agreement (IFTA) is an agreement among the 48 contiguous states in the U.S. and 10 provinces in Canada to simplify the collection and redistribution of fuel taxes paid for by interstate and international motor carriers. If your vehicles cross state lines, you are required to complete IFTA reporting quarterly, and the process can be burdensome for your accounting and management teams. But it doesn’t have to be. By leveraging the right tools, you can save time and make filing your IFTA fuel tax report simple.