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2010 IFTA & IRP AUDIT WORKSHOP

2010 IFTA & IRP AUDIT WORKSHOP. TOWN HALL MEETING MODERATORS: JAY STARLING (AL) THOM RABAGLIA (WI) ____________________________________. Topics of Discussion. Should there be a penalty assessment for failure to provide records for an IRP audit?

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2010 IFTA & IRP AUDIT WORKSHOP

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  1. 2010 IFTA & IRP AUDIT WORKSHOP TOWN HALL MEETING MODERATORS: JAY STARLING (AL) THOM RABAGLIA (WI) ____________________________________

  2. Topics of Discussion • Should there be a penalty assessment for failure to provide records for an IRP audit? Most attendees including industry seemed to agree with the idea of a penalty assessment for failure to provide records. A penalty for inadequate / non compliant records is another issue. Use and history of the full fee assessment A 20% assessment Escalating assessments (20%, 50%, 100%) Per vehicle assessment Ultimately license revocation for failure to comply

  3. Topics of Discussion • Jurisdictions with statutes that provide taxpayers a 30 day appeal period? • Jurisdictions with statutes that may allow a 45 day appeal period? Other appeal periods? Most attendees indicated that their jurisdiction had a 30 day appeal period while three other member jurisdictions had a 45 day appeal period.

  4. Topics of Discussion • Jurisdictions conducting compliance reviews on new operations The obvious benefits of compliance reviews include increased compliance. Granting audit credit for compliance reviews. Several ballots had unsuccessfully attempted to address the issue of audit credit for compliance reviews. Recommended guidelines be drafted for jurisdictions to utilize if they wanted to conduct compliance reviews.

  5. Topics of Discussion • Are jurisdictions in favor of changing the IFTA interest rate from 1% per month to a rate that is determined on the IRS quarterly interest rate? Fairness of charging 12% interest when most states charged around 6%, based on the IRS rate. Fairness of allowing Canadian carriers to pay a lower rate of interest, based on the Canadian interest rate, but US carriers having to pay the 12% rate.

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