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Does the retail excise tax under Internal Revenue Code (IRC) 4051 Federal Excise Tax (FET) apply to sales other than retail sales?

We want to sell a vehicle that can both tow a trailer and carry cargo on its chassis. The vehicle has a GVWR of 30,000 pounds and a GCWR of 50,000 pounds. Is the vehicle a truck or a tractor for purposes of the Section...

We recently sold a taxable truck to a dealer, and the dealer subsequently provided us with a copy of its sale documentation demonstrating the truck had been resold. Because we can document a taxable truck was sold to a...

View summaries of Federal Excise Tax (FET) Letter Rulings, Technical Advice Memoranda, Chief Counsel Advisories, Legal Advice Issued to Program Managers and court decisions (Rulings) released in 2021 that discuss the...

In connection with our sale of a new body that’s subject to Internal Revenue Code Section 4051 FET, our customer requests that we install the body on a customer-owned chassis. It has been less than six months since the...

Is it correct that no refuse packer body is subject to Federal Excise Tax (FET)?

We’re considering purchasing Canadian-manufactured trucks in Canada, and importing them to the United States. If these trucks had been manufactured in the U.S., their sale would be subject to Section 4051 tax (FET). Will...

Under the so-called six-month rule, parts and accessories installation on a taxable truck chassis typically will trigger FET if installed within six months after the chassis is first placed in service. However, there are...

We’re building a new truck for a customer consisting of a taxable truck chassis and body. The customer asked if they can supply a used axle to incorporate into the truck chassis. If we agree to accept the customer’s used...

A customer wants to purchase a taxable body and, at the same time, an uninstalled body part/accessory. The uninstalled part or accessory is compatible with the body being sold, and would be subject to Section 4051 tax...