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.
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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;
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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.
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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.

  • They produce a magnetic field which is periodic with respect to the angle of rotation.

  • 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.
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Related to TAXABLE MILES

  • Taxable Period means any taxable year or any other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • taxable service means any service provided or to be provided –

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • 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.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

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