TAXABLE MILES definition

TAXABLE MILES. Enter total taxable miles traveled on public highways for each jurisdiction. If you deduct tax-exempt miles, you must log these miles and provide evidence to auditors. You must pay interest & penalties on improper exemptions that are deducted. TAXABLE GALLONS: Enter total taxable gallons for each jurisdiction, column “4” divided by avg. MPG from part “B”, Fuel Summary.
Sample 1Sample 2Sample 3
TAXABLE MILES means all of those miles traveled in Arkansas by a "Heavy Motor Vehicle", during which such vehicle's actual gross weight is 73,281 pounds or more;
Sample 1Sample 2
TAXABLE MILES traveled in each member jurisdiction. Generally, your “Taxable Miles” and your “Total Miles” will be the same. For jurisdictions that allow exempt miles, such as fuel trip permit miles, you will need to know the number of exempt miles in order to calculate your “Taxable Miles.” Exemption information can be found at xxx.xxxxxx.xxx. • “Tax Paid Gallons” of fuel placed into the fuel tank and used to operate your qualified motor vehicles in each jurisdiction.
Sample 1Sample 2

Examples of TAXABLE MILES in a sentence

  • Add Tax Due/Credit (Column H) and Interest Due (Column I).In the lines provided, explain any difference between TOTAL MILES and TAXABLE MILES for each jurisdiction where there is a difference.

  • TAXABLE MILES: Taxable miles mean all miles operated on public highways subject to a jurisdiction’s fuel tax requirements.

  • ALSO NOTE THAT MILES OPERATED ON IRP TRIP PERMITS ARE TAXABLE MILES FOR IFTA PURPOSES.IRP enables member states to share, on a percentage basis, in the vehicle registration fees to the extent of the carriers’ operations in a state.

  • IT SHOULD ALSO BE NOTED THAT MILES OPERATED ON IRP TRIP PERMITS ARE TAXABLE MILES FOR IFTA PURPOSES.


More Definitions of TAXABLE MILES

TAXABLE MILES. Means all miles operated by qualified vehicles subject to a jurisdiction’s fuel tax requirements. Miles operated under trip permits generally are exempt from fuel tax requirements.
Sample 1

Related to TAXABLE MILES

  • Tax Group has the meaning set forth in Section 7.06(h)(iii).

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Attributes means net operating losses, capital losses, investment tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, separate limitation losses and any other losses, deductions, credits or other comparable items that could reduce a Tax liability for a past or future taxable period.