Federal Excise Tax (FET) issues can be complex. So NTEA provides the work truck industry with FET information on trucks, tractors and trailers. Our staff engineers stand ready to help members with technical and FET questions.
NTEA is a founding member of an industry group leading the charge to repeal the 12% FET on heavy-duty trucks. Repealing FET would reduce the acquisition cost of new trucks currently subject to the tax by 12% and allow purchasers to more readily integrate cleaner and safer vehicles into their fleet. Additionally, repeal would clear the way to better alternative funding mechanisms for highway repair and maintenance.
FET Content
Articles, information and resources from FET experts that take a comprehensive look at the 12% tax that applies to work trucks, tractors and trailers.
Federal Excise Tax Guide
This resource was designed to provide guidance to retail sellers of work trucks that will enable them to apply FET correctly in instances where the rules are clear, and to make reasonable risk assessments in instances where the rules are unclear.
Support FET Repeal
Eliminating FET would provide Congress the opportunity to create long-term stability in the Highway Trust Fund by replacing it with a funding source not based on annual truck sales.
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Support FET Repeal
Advocacy
NTEA maintains a government relations department and satellite office in Washington, DC, and Ottawa, Ontario, and is committed to protecting and advancing members’ interests by actively working with Congress, the White House, Parliament, and federal agencies.