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Suitable for Use - Determinations for Dump Bodies
Updated: 8/18/2010
DocID 101534 Rose Michele NardiAttorneyWeiner, Brodsky, Sidman & Kider, P.C., NTEA Legal Counselwww.wbsk.com QUESTIONWe sell dump truck bodies at retail. Is it true that the Internal Revenue Service (IRS) recently issued new guidelines governing the taxability of these bodies? ANSWERYes,
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Taxable Resale of a Trailer Within Six Months of the Original Purchase
Updated: 8/18/2010
Question Four months ago, we purchased a new trailer (rated 28,000 pounds GVW) from a dealer for our business. The dealer paid tax under Internal Revenue Code (IRC) Section 4051 on his sale of the trailer to us. Unfortunately, the
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Are APUs Tax-exempt?
Updated: 2/3/2009
Question: Is it true that there is now an exemption from Section 4051 tax for auxiliary power units (APUs)?
Answer: No, there is not an exemption for APUs from Section 4051 tax.
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Are Non-profit or Charitable Organizations Exempt from FET?
Updated: 11/12/2008
We are a truck dealership that sells taxable trucks at retail. Is there an exemption from Internal Revenue Code (IRC) Section 4051 tax for sales to non-profit/charitable organizations?
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Is There an Exclusion for Light-duty Tractors from Section 4051 Tax?
Updated: 11/10/2008
Question: We occasionally sell new tractors at retail. Our understanding is that there is no exclusion from Section 4051 tax for light-duty tractors. Is this correct?
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Does APU Installation on a Previously Taxable Tractor Trigger FET?
Updated: 11/10/2008
Question: With today’s high gas prices, a customer is interested in installing an auxiliary power unit on some previously taxable tractors that the customer has owned for more than one year. The auxiliary power unit would permit drivers to heat or cool the sleeper compartment without keeping the engine running.
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Determining Taxability of Export Sales
Updated: 11/10/2008
We are a dealership that generally sells trucks at retail. Recently, a Canadian dealer expressed an interest in purchasing several of our trucks. Would the Internal Revenue Service (IRS) treat such sales as taxable under Internal Revenue Code (IRC) Section 4051?
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Adding Equipment to a Used Chassis(2)
Updated: 3/31/2008
Posted 6 6 2006 (updated ), DocID 101745 Rose Michele Nardi Attorney Weiner, Brodsky, Sidman & Kider, P.C., NTEA Legal Counselwww.wbsk.com Question We are a truck dealer that generally sells at retail chassis subject to tax under Section 4051. However,
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When Are Incomplete Chassis-cabs Considered Nontaxable Trucks?(2)
Updated: 3/31/2008
Posted 10 6 2005 (updated 10 6 2005), DocID 101555 Rose Michele Nardi Attorney Weiner, Brodsky, Sidman & Kider, P.C., NTEA Legal Counselwww.wbsk.com QUESTION We are a truck dealer that sometimes sells incomplete chassis cabs to end users. If the
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Claiming Tire Tax Credit on Tax-exempt Sales(2)
Updated: 3/31/2008
Posted 1 3 2005 (updated 1 3 2005), DocID 101532 Rose Michele Nardi Attorney Weiner, Brodsky, Sidman & Kider, P.C., NTEA Legal Counselwww.wbsk.com QUESTION We sell taxable trucks at retail. On occasion, we sell these trucks tax free to state
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