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Is IFTA required? Yes, federal law requires that commercial truck companies abide by IFTA regulations. Registration is non-negotiable if your truck meets certain criteria. Compliance is a more streamlined and consolidated process than ever before.
The cost: Total annual cost of an apportioned license plate is approximately $1,800-1,900 per truck, and is determined by the Department of Motor Vehicles upon registration process. If truck is registered on an existing IRP Account, the cost may be pro-rated based on the renewal date of the account itself.
IFTA is an agreement among American and Canadian jurisdictions that enables uniform collection and distribution of fuel taxes paid by motor carriers traveling in multiple jurisdictions. Membership is voluntary and allows the carrier to reduce the paperwork and compliance burden for fuel tax reporting.
In Florida, if you are qualified for IFTA you can choose to apply for a license or purchase fuel trip permits to travel into or through the state. The temporary fuel permit costs $45. Florida decals are updated annually for $4.
IRP Registration Fees MilageApportioned FeeSouth Carolina25,000$200.00North Carolina25,000$308.75Georgia15,000$150.00Florida35,000$462.701 more row
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The FMCSA office in Tallahassee can be docHubed at (850) 942-9338. The IFTA office in Tallahassee can be docHubed at (850) 617-3711 (ask for the IFTA office). The Form 2290 can be processed online at numerous sites. Most of them can get your form back to you in less than 24 hours.
For assistance with Florida IFTA transactions or tax return filing, you may call the BCVDS Customer Service line at (850) 617-3711.
Interest rate parity (IRP) is a theory ing to which the interest rate differential between two countries is equal to the differential between the forward exchange rate and the spot exchange rate.
You should register for IFTA with Ontario if: your commercial vehicle is a motor vehicle used for business purposes and: has two axles and a gross vehicle weight or registered gross vehicle weight of more than 11,797 kg (26,000 pounds)
What is the difference between IRP and IFTA? The difference is: IRP is a cooperative agreement for registering vehicles that travel into two (2) or more jurisdictions. IFTA (International Fuel Tax Agreement) is an agreement between member jurisdictions for the uniform collection and distribution of fuel tax revenues.

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