OTTAWA, Ont. — Canadian trucking companies may still be getting penalized for paying their U.S. HVUT taxes ate, even though they’re paying on time, reports the CTA.
The Canadian Trucking Alliance has received reports that Canadian based trucking companies sending quarterly payments to the U.S. IRS for their Heavy Vehicle Users Tax (HVUT) well before the due date are still being assessed late penalties.
Companies are claiming this is a fairly common situation for Canadian carriers owing HVUT.
CTA is attempting to learn the degree to which this problem is impacting the industry. If your company must pay late penalties despite making early payments the association would like to hear from you.
Contact via e-mail firstname.lastname@example.org. CTA will not forward names to IRS officials.
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