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This article was published in the July 2024 edition of NTEA News. From an NTEA member Does the Six-Month Rule determine whether trailers and accessories are subject to Federal Excise Tax (FET) under Internal Revenue Code...

We forgot to get a sale for resale exemption certificate when we sold a truck chassis to a dealer. Can we rely on the sale for resale exemption for Internal Revenue Service Internal Revenue Code Section 4051 FET if the...

We are a licensed truck dealer and want to sell a new incomplete chassis cab with a GVWR of 33,000 pounds or less. Our customer advised that the chassis will be completed as a truck. Can I sell the chassis as a...

We own a used, taxable truck chassis and would like to sell it. Are we correct that our sale will not be subject to Internal Revenue Service Internal Revenue Code (IRC) Section 4051 FET?

A customer wants us to install a new body subject to Internal Revenue Service (IRS) Internal Revenue Code (IRC) Section 4051 FET on a used chassis. While we are installing the new body, the customer also wants us to...

We sell truck chassis with permanently mounted snowplow equipment. The truck chassis have a GVWR greater than 33,000 pounds. Is an otherwise taxable chassis exempt from the Internal Revenue Service Internal Revenue Code...

We have some equipment we sell on both new truck chassis subject to tax under Internal Revenue Code Section 4051 FET and new truck chassis not subject to FET. If the equipment is taxable when sold on a new truck chassis...

If we sell an incomplete chassis cab rated less than 33,000 pounds gross vehicle weight, and the purchaser certifies it will not use the chassis as a tractor, is that sufficient for the chassis to be treated as a...

If an individual end-user rather than a dealership imports a new, Canadian-manufactured taxable truck chassis to the U.S., is the individual able to avoid paying FET under Internal Revenue Code 4051?

If we sell a truck chassis subject to Section 4051 tax (FET), is the amount of FET due on the chassis always based on the selling price of the chassis?