Do you own a trucking business in the State of North Carolina? It’s important you register the vehicles in your fleet for IFTA filing to avoid penalty. Let us guide you further.
It is of utmost importance that you file your North Carolina IFTA fuel tax report before the due deadlines as late filing may result in a penalty of $50 or 10% of the net tax liability. You can renew an existing IFTA account by applying online or by mail. If you want to learn how to apply for IFTA in North Carolina by setting up a new account, the next section is for you:
January, February, March: April 30
April, May, June: July 31
July, August, September: October 31
October, November, December: January 31
Yes, you would still need to file a ‘zero’ report in the state of North Carolina.
You can learn more about IFTA rules and regulations in North Carolina on https://tax.North Carolina.gov/i-1035.cfm.
An North Carolina-based interstate motor carrier qualifies for an North Carolina IFTA license if it travels in North Carolina and at least one other IFTA jurisdiction and operates IFTA-qualified motor vehicles.
In the state of North Carolina, intrastate unscheduled air transportation for hire of freight and passengers are usually considered to be taxable, although interstate transportation services are considered to be exempt.