An IFTA Fuel Tax Report is a quarterly reporting requirement of carriers registered under the International Fuel Tax Agreement (IFTA). It’s a report tracking fuel consumption and driving hours of eligible motor vehicles in each IFTA jurisdiction, to ensure a uniform distribution of fuel tax in states and provinces.
In the report, carriers must record the following:
- Total Miles Traveled: Miles driven by each vehicle, including in and out-of-jurisdiction miles.
- Gallons of Fuel Purchased: Detailed records of fuel purchased, including dates, locations, and receipts.
- Mileage Breakdown by Jurisdiction: Miles driven in each IFTA jurisdiction for accurate tax allocation.
- Fuel Usage Per Jurisdiction: Fuel consumption across regions to calculate taxes owed or refunds due.
The base jurisdiction, where the carrier is registered, processes the report and redistributes taxes to the respective states or provinces. Failure to file accurate reports can result in penalties or audits.
TruckX’s fleet management solutions simplify IFTA Fuel Tax Reporting by automating data collection, including GPS-tracked mileage and integrated fuel purchase records. This reduces manual errors, saves time, and ensures compliance with IFTA regulations. With detailed reporting tools, fleet managers can easily generate accurate quarterly IFTA reports, minimizing administrative burden and avoiding penalties.
