The Arizona IFTA Surety Bond is required by the AZ Department of the Transportation. This bond is required to help ensure that all taxes and fees are paid to the correct agencies.
IFTA stands for International Fuel Tax Agreement is an agreement between all contiguous states, the District of Columbia and participating Canadian provinces. In the agreement, they have made it possible to simplify the reporting of motor fuel taxes by interstate motor carriers. Before the IFTA, every member jurisdiction had their own license forms, sets of rules, etc. The advantage of the IFTA means you only need to follow one set of rules, one set of tax forms, one audit and one fuel license which is valid for travel to all members under the IFTA
First, you need to make sure that you actually qualify for the license. According to the Arizona Department of Transportation, you need to be traveling to more than one jurisdiction. Not only that your vehicle must have two axles and a GVWR of more than 26,000 pounds, etc.
Submit the following requirements to the division:
*Filing fee of $10
*A filled-out application form
*Record keeping agreement
Lease agreement certificate and power of attorney for motor carrier if applicable
*proof of residency in Arizona
You may also be required to submit an IFTA surety bond. The bond amount may differ as it is determined by the MV Director. One thing’s for sure, you need to get the bond from a surety company licensed to do business in the state of Arizona.
All you need now is to complete our free and easy to use, online application. Within 24 hours (Mon-Friday) a licensed agent will contact you with a firm, no obligation quote. Then you make payment and your bond will be mailed via priority USPS mail, overnight delivery is available for an additional fee.
Surety Solutions Insurance Services, Inc. (Surety1) has been in the business since 2003 and is rated A+ by Better Business Bureau.