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IFTA TAX RETURNS. By: Trina Kluever Pauli (WI) Ghyslaine Lepage (QC) Krystal Miller (NH). You reported what ?. We all receive strange tax returns, for example: Total miles does not equal total jurisdictional miles Identical returns which occur every quarter

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ifta tax returns

IFTA TAX RETURNS

By: Trina Kluever Pauli (WI)

Ghyslaine Lepage (QC)

Krystal Miller (NH)

you reported what
You reported what ?
  • We all receive strange tax returns, for example:
    • Total miles does not equal total jurisdictional miles
    • Identical returns which occur every quarter
      • MPG is always a 4.0, 5.0 or 6.0
      • Total Miles and Jurisdictional Miles appear to be estimated numbers based on rounded miles, (5,000 miles or 750 miles)
    • Impossible MPG (miles per gallon) or KML (kilometre by litre)
    • Non continuous jurisdictions- meaning a licenses is in NH and travels to FL but missing reporting miles to states in between
    • Total gallons do not equal the taxable paid fuel.
licensees should maintain
Licensees, should maintain:
  • Mileage/Distance Records
    • Driver Truck Logs
    • GPS Reports
    • Origins and destinations
    • Routes of travel
    • Beginning and ending odometer readings
    • Bills of lading
  • Fuel Records
    • Fuel invoices
    • Fuel statements
    • Fuel receipts
    • Bulk Tank Reconciliation and Disbursement Log
what should we do with these strange returns
What should we do with these strange returns ?
  • Contact licensee and explain how to complete the quarterly tax return
  • Enter the tax return as filed and see if the return goes into an exceptions mode
  • Refer the licensee to the audit department
slide6
The following slides will give you

some examples

What do you think is so strange ?

what should we do
What should we do ?
  • Give more information on how to complete an IFTA return
  • Audit these carriers, especially if the problem occurs every quarter
  • Educate staff and industry
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