Excise Tax Enquirer
Differences between letter rulings and revenue rulings
Can you explain the difference between a letter ruling and a revenue ruling?
November 6, 2001
Showing 111 - 120 of 146
Excise Tax Enquirer
Further manufacture: Use after manufacture treated same as the sale
We purchased a one-year-old truck with a gross vehicle weight rating (GVWR) below 33,000 pounds. We modified the truck so that it now has a GVWR greater than 33,000 pounds. Although we are not sure, we think that the...
September 6, 2001
Excise Tax Enquirer
Further manufacture: Truck-tractor conversion tractor taxable?
One year ago we purchased a taxable truck from a dealer for use in our business. Now we need to convert the truck into a truck-tractor, which we intend to do ourselves by combining new components with components...
August 13, 2001
Excise Tax Enquirer
Leasing: Long-term lease treated as a sale
A couple of months ago, a trucking company approached us about leasing a tractor from us for use in its business. We subsequently purchased a new tractor from a manufacturer tax-free based on an exemption certificate in...
July 13, 2001
Excise Tax Enquirer
Parts & accessories: Liftgates - When to tax and when not to tax
We install power liftgates on used trucks, and we occasionally sell the power liftgates without installation. We know that the liftgates are parts or accessories, but we are unsure on which sales the lift gates are...
June 7, 2001
Excise Tax Enquirer
Parts & accessories: Roll-off hoists on used tandem axle chassis
We sell hoists at retail that we mount on used, customer-owned truck chassis that are above 33,000 pounds GVWR. The hoists are used with roll-off trash containers. We know the trash containers are exempt from excise tax...
May 9, 2001
Excise Tax Enquirer
Despite cargo capacity, vehicles primarily designed for towing are taxable
We sell at retail certain vehicles that have GVWRs of 32,000 pounds and are often used to tow trailers. However, these vehicles also have some cargo-carrying capacity. A customer advised me that Internal Revenue Service...
December 1, 2000
Excise Tax Enquirer
Bodies with conveyor systems not automatically exempt
We sell certain self-unloading trucks to farmers, who use them primarily to haul farm products, such as seed potatoes, sugar beets and fertilizer, both to and on farms. Each of these truck bodies contains a powered...
November 1, 2000
Excise Tax Enquirer
IRS private letter ruling
We are a truck equipment distributor that installs certain cranes on chassis rated above 33,000 pounds GVW. After installing the cranes on the chassis, we sell the vehicles at retail. Although we have never obtained an...
September 1, 2000
Excise Tax Enquirer
Certain concrete processing components are FET exempt
We have just begun selling concrete dispensers that carry ingredients for making concrete to construction sites. At the construction site, the dispenser's conveyor and mixing systems combine the ingredients to make...
August 1, 2000