| International Fuel Tax Agreement (IFTA), under the | | | | Software calculates the exact tax amount. |
| Article of Agreement, section R910, requires that all the | | | | IFTA Software not only calculates taxes but also |
| licensees shall file a tax return for the tax reporting | | | | manages various records which are required to |
| period with the base jurisdiction, by the due date. It is | | | | substantiate the audit and tax filing information. IFTA |
| the sole responsibility of every licensee to timely file | | | | Fuel Tax Software in-tandem with the latest trucking |
| the tax returns and pay all the due taxes. Therefore, all | | | | software; helps in maintaining various irksome accounts |
| the licensees should maintain proper records and tax | | | | and bookkeeping processes. The web based Fuel |
| calculations for the aforesaid purpose. IFTA Fuel Tax | | | | Tax Software is more convenient and efficient |
| Software is a technologically advanced device, which | | | | program, than the standard Fuel Tax Software; as it |
| not only manages all the needful records, but also | | | | provides the desired mobility to a licensee, because it |
| assists in calculating IFTA taxes. | | | | can be operated from any place across the globe |
| Manual calculations of taxes in-accordance with IFTA | | | | through the internet. This software does not only save |
| rules, is a ponderous task. These tax calculations | | | | valuable time, but it has also brought a high degree of |
| require a lot of valuable time investment on one hand | | | | efficiency in the functioning of transport companies; |
| and demands enormous efforts, on the other hand. But | | | | falling within the jurisdiction of IFTA members. |
| Fuel Tax Software has overcome all these intricacies | | | | IFTA Fuel Tax Software is a technically designed |
| related to the IFTA tax calculations, as this software | | | | device, which not only calculate taxes as per the IFTA |
| can perform all the tax calculations with absolute | | | | guidelines, but is also helping various licensees and |
| accuracy. Now a licensee, under the jurisdiction of | | | | transport companies in this region, by bringing efficiency |
| IFTA member states, would not have to hire | | | | in their business activities. Fuel Tax Software is |
| accountants or professional experts for tax reporting | | | | systematically organized software, which is designed |
| purposes; as this highly sophisticated software is easy | | | | in-accordance with the rules and laws of International |
| to operate and a user friendly device. In-order to | | | | Fuel Tax Agreement, to deal with various intricate |
| calculate IFTA taxes, a user has to just input certain | | | | procedures. This sophisticated software technology |
| information like the amount of fuel used, the different | | | | has brought extreme efficiency in the whole |
| types of fuel used and the number of miles a vehicle | | | | transportation system, within the jurisdiction area of the |
| has traveled etc. After processing the inputs, IFTA | | | | IFTA member states. |