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Thread: What is the Importance of IRP and IFTA Programs?

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    Lightbulb What is the Importance of IRP and IFTA Programs?

    IFTA (International Fuel Tax Agreement) and IRP (International Registration Plan) is a requirement for truckers driving Interstate vehicles as mandated by ISTEA 1991. Reporting is a big deal especially if you see some of the assessments for carriers that are not paying attention to proper record-keeping and accounting for all their miles traveled as they should be.

    The benefits of IFTA and IRP Registration are:
    - One fuel use license to operate in both the provinces and states
    - One province or state to deal with for the IFTA license and to report motor fuel taxes
    - One province or state that collects the motor fuel taxes from you and distributes the taxes to all IFTA provinces and states

    IFTA and IRP are mandated to audit 3% of all registrants annually. For more information, read my article on What you need to know about IRP / IFTA.
    Last edited by Admin; 05-11-2013 at 07:51 PM. Reason: Corrected hours to miles. IFTA has nothing to do with time
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