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What does IFTA stand for?

All you need to know about IFTA. IFTA, or International Fuel Tax Agreement, is a cooperative agreement between 10 Canadian provinces and 48 US states to simplify the process of listing and paying taxes by interjurisdictional carriers on the fuels they use.

Is New Mexico part of IFTA?

The New Mexico Commercial Vehicle Bureau is responsible for the licensing and registration of motor carriers in the International Fuel Tax Agreement (IFTA).

How is IFTA calculated?

How to Calculate IFTA Tax: Fuel Tax Reporting Total Miles Driven in Each State/Province X ÷ Overall Fuel Mileage = Fuel Consumed in Each State/Province X. Fuel Tax Required in Each State/Province X \u2013 Fuel Tax Paid in Each State/Province X = Fuel Tax Still Owed to Each State/Province. Extra Tips for IFTA Fuel Tax Reporting.

How do I get a Texas IFTA sticker?

You can submit a Texas application by mail, fax or in person to the Texas Comptroller of Public Accounts. There is no fee for the Texas IFTA license and decals.

Do I need a IFTA sticker in Texas?

If you were wondering whether or not you're exempt, know that you must register and file for IFTA if you have: Any vehicle with two axles and a gross vehicle weight of over 11,797 kilograms or 26,000 pounds. A vehicle of any weight but with three or more axles. A vehicle that exceeds 11,797 kilograms or 26,000 pounds.

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