With all the the IFTA and IRP audits, Compliance Navigation Specialists Adam Galante and Chris Kiehl talk about Electronic Record Keeping Requirements to stay compliant.
The Commonwealth of Kentucky Transportation Cabinet has released a memo stating that Kentucky ad valorem fee conversion factor will change effective January 1, 2019.
Conversion Factor Table and Fee Calculation Example
Example Fee Calculation:
Ad Valorem Fee – Purchase Price ($100,000.00) X Year of Purchase Factor (.00608) = $608.00 X Kentucky Mileage Percentage (.50) = $304.00
Weight Fee – 80,000 Pound Weight Fee ($1,410.00) X Kentucky Mileage Percentage (.50) = $705.00
Total Fee – $304.00+ $705.00 = $1009.00
Note: The ad valorem fee is not applicable to any current year purchase and is not prorated.
Utah State Tax Commission has announced Effective January 1, 2019 Utah DMV Motor Carrier Services will no longer issue month or year decals for apportioned license plates. Utah Code 41-1a-301 (6)(d)(iii)(B) reads,
“A registrant of an apportioned vehicle is not required to display month or year decals.” Owners are still required to maintain current registration for all apportioned vehicles, and present cab cards to law enforcement when requested.
For questions please contact Motor Carrier Services 801-297-6800.