What is IFTA The International Fuel Tax Agreement (IFTA) Eld devices,Eld mandate usa What is IFTA

The International Fuel Tax Agreement (IFTA) is an accord among 48 states of the United States and 10 provinces of Canada in a bid to simplify the reporting of fuel usage by motor carriers who operate in more than one jurisdiction. Before this, each state had its system, which made reporting system much more complicated. Every motor carrier is assigned an IFTA licence number and carriers are required to file fuel tax four times a year (each quarter) to the state where their business is based. In case, any carrier has paid more, they will receive a refund. TXT Electronic Logging Device (ELD) has a feature that simplifies and automates the Cross-Border Fuel Tax Reporting and eliminates the risk of penalty by removing the burden of manual collection of mileage state-wise or unit-wise.