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Excise Tax Enquirer
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Excise Tax Enquirer
Can the value of a trade-in be excluded from FET?
A customer would like to purchase one of our new, taxable truck bodies, but wants to pay a portion of the purchase price with a...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
Are military vehicles exempt from FET?
Are military vehicles exempt from FET under Internal Revenue Code Section 4051? Are sales to the United States Armed Forces exempt...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
How to determine if a vehicle is a tractor for FET purposes
Does a vehicle’s designation as a truck or a tractor matter for purposes of applying the Section 4051 tax? If yes, how do you...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
Are platform bodies greater than 21 feet subject to FET?
We sell new platform truck bodies at retail. Is it true that the Internal Revenue Service has determined the longest platform...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
Is FET due on the installation of a winch?
A customer purchased a new chassis three months ago and now wants us to install a winch on it. Unmodified, the chassis has a GVWR...
Federal Excise Tax (FET) Implications
Chassis Integrations
Vehicle Upfitting Considerations
Excise Tax Enquirer
FET on the resale of a truck body
A few months ago, we purchased a new truck body for use in our business. The body was taxable, and we did not purchase it...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
FET on delivery charges for taxable items shipped directly from manufacturer to retail customer
We sell our taxable bodies at retail. Sometimes a customer orders a body from us, and then we arrange (with the customer’s consent...
Federal Excise Tax (FET) Implications
Excise Tax Enquirer
FET on parts and accessories on used customer-owned chassis
When we install a new taxable body on a customer-owned chassis, we sometimes also install one or more chassis parts or accessories...
Federal Excise Tax (FET) Implications
Used Vehicles
Chassis Integrations
Excise Tax Enquirer
FET exemption certificate for resale
We are a new truck equipment distributorship that purchases bodies from manufacturers and sells them to end-users. Since we are...
Federal Excise Tax (FET) Implications
General Regulation
Excise Tax Enquirer
Does the addition of a lift axle on a used truck less than 33,000 pounds GVWR trigger FET?
We purchased a 2009 used truck that has a GVWR of 32,900 pounds. We want to add a lift axle to the truck and re-sell it at retail...
Federal Excise Tax (FET) Implications
Used Vehicles
Gross Vehicle Weight Rating (GVWR)
Vehicle Upfitting Considerations
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