Second quarter 2012 IFTA Fuel Taxes are due to be filed by July 31, 2012. The 2nd quarter covers the months of April, May and June. Carriers are reminded to file their IFTA fuel taxes with their base state by the end of the month to avoid costly fines and penalties.
Don’t forget along with IFTA fuel taxes carriers may also have to file mileage taxes to the state of New York, New Mexico, Kentucky and Oregon as applicable.
The International Fuel Tax Agreement was established to make the collection and reporting of fuel taxes simpler for drivers operating in the continental United States and Canada. Carriers are assigned a home jurisdiction and from then on submit all of their relevant paperwork through an office located in that jurisdiction. This saves the operator from having to manage different logs and records for all states and provinces in which he or she operated during the reporting period.
If you have any questions or need assistance feel free to contact our staff at 877-796-7016.
