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*P1020 EXCHANGE RATE
The exchange rate of the U.S./Canadian funds shall be the U.S. Federal Reserve Board index rate at noon Eastern time of the third Monday of the month immediately preceding each quarter and will be used for all tax returns and other taxable transactions occuring for the subsequent quarter.

IFTA Matrix Fuel Tax Rates

3rd Quarter 2025 Tax Rate Changes

U.S./Canada Exchange Rate (NOT YET DEFINED)

Last Updated on 6/02/25

State / Province	Rate	Gasoline	Special Diesel	Gasohol	Propane	LNG	CNG	Ethanol	Methanol	E-85	M-85	A55	Biodiesel	Electricity	Hydrogen	Hythane
*MISSISSIPPI (MS)*	U.S.	*0.2100*	*0.2100*	*0.2100*	0.1700	0.1800	0.2280	*0.2100*	*0.2100*	*0.2100*	*0.2100*	*0.2100*	*0.2100*

Footnotes

Taxmatrix

3rd Quarter 2025 Tax Rate Changes

Footnotes

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