Colorado IFTA Fuel Tax Report

Prior to the introduction IFTA, commercial vehicles and trucks would need unique tax permits for every of the states that they were driving through. Port-of-Entry collection stations were erected to acquire the tax owed according to that states own distinct fuel tax laws. This created more work for the states and lagged interstate commerce for trucking enterprises. When registering for the IFTA, you should think about your vehicle type, location, and tax preparation method.

When you register for IFTA you will do so in a specific province, for example the state of California. It will be in this jurisdiction that you submit your IFTA fuel report and get either your tax refund or pay any fuel tax owed. The jurisdiction which you ought to register for IFTA can be where the qualifying car is registered, where you have an established physical business, or where you file the operational records for that qualifying vehicle. The exact form number that you will need to seek will depend on the province that your applying in. On your fuel tax report form you should record any jurisdictions taking part in the IFTA that you have traveled through and the fuel that you purchased in that jurisdiction.

[Major] [Minor] From On The Go Transportation

In order to figure out if your vehicle meets the requirements and can participate in the IFTA, you should have what is called a qualifying vehicle. A qualifying vehicle is one that hauls either people or commercial goods. It should also meet the following requirements: have 3 axles or more, or have 2 axles or more and weigh more than just 26,000 lbs, or when used as a combination and weigh a lot more than 26,000 lbs. You should contact the motor carrier vehicle section of that jurisdiction and ask to secure an IFTA license and decals to present on your auto. Once complete, you should repay it to the regulating body with the required processing fee. Assuming that you meet the qualifying criteria for IFTA, you will be issued with the correct license and decals. You are now registered to participate in the IFTA program.

Call On The Go Transportation for [Major] [Minor]

Every quarter you should file your fuel tax report form with the jurisdiction where you joined for IFTA. Even when you did not travel during the period, you must still file a “zero” report form. Once your statement form has been processed, any net tax or reimbursement that is due to you will be determined, alongside the fuel taxes that are redistributed to those states where they are due. You should acquire a fuel tax report form to the mailing address which you listed when you registered for IFTA. However if you did not you can check with the automobile carrier department in your local jurisdiction.

On The Go Transportation – [Major] [Minor]

Call (800) 845-1190 for [Minor] in [Major]

IFTA significantly streamlined the payment of fuel tax for trucks traveling through more than one state. It is vital to ensure that you remain in compliance with IFTA regulations. Penalties and fines might be put on commercial vehicles and trucks which are not appropriately registered or who do not file the fuel tax report forms on the due dates.

We Provide [Minor] to all Fifty States