Federal Excise Tax distinctions that can cost you

February 15, 2013

Member companies contact NTEA regularly to ensure they are properly applying Federal Excise Tax (FET). Not applying FET when applicable or applying FET to a sale when not applicable can significantly affect your bottom line.

Federal Excise Tax (FET) Implications

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NTEA’s vehicle engineering and compliance resources provide solutions

NTEA’s technical services department is a vital resource for members. Staff engineers with more than 100 years of combined commercial vehicle industry experience provide in-depth solutions to technical questions and...

May 6, 2025

Excise Tax Enquirer

Further manufacturing of used chassis previously subject to FET

From an NTEA member We want to add a piece of equipment (not a body) to a used truck chassis. The used chassis is older than six months and was taxable under Internal Revenue Code (IRC) Section 4051 Federal Excise Tax...

May 6, 2025

Federal Excise Tax (FET) Implications

Association News

House introduces bill to repeal 12% FET on trucks

Bipartisan Federal Excise Tax (FET) repeal legislation has been introduced by long-time advocate Rep. Doug LaMalfa (R-CA), along with Representatives Chris Pappas (D-NH), Darin LaHood (R-IL), Salud Carbajal (D-CA) and...

May 6, 2025

Federal Excise Tax (FET) Implications

Federal Excise Tax distinctions that can cost you

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NTEA’s vehicle engineering and compliance resources provide solutions

Further manufacturing of used chassis previously subject to FET

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