What benefits does IFTA membership offer?
Carriers that regularly travel in other provinces or states and purchase fuel in one jurisdiction, but use the fuel in another jurisdiction, will benefit. IFTA membership allows the carrier to significantly reduce the paperwork and compliance burden for fuel tax reporting. A carrier licensed under IFTA is required to submit only one quarterly fuel tax return to its base jurisdiction, where it is registered. The single return covers the distance traveled in all IFTA jurisdictions, rather than the carrier being required to complete separate fuel tax returns for each jurisdiction. Each base jurisdiction then refunds or collects the net fuel tax for all member jurisdictions.
