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Excise Tax Enquirer

Owner vs. modifier: FET liability when non-taxable chassis is converted to taxable

We purchased a non-taxable truck chassis. Prior to reselling the vehicle, we plan to have an unrelated entity perform slight modifications to it. Assuming the modifications convert the original chassis into a taxable one...

May 3, 2019

Excise Tax Enquirer

Is there a registration requirement for tax-free resale?

In order to sell an otherwise taxable truck under Internal Revenue Code (IRC) 4051 as a tax-free sale for resale, do either I or the purchaser need to be registered with Internal Revenue Service (IRS)?

February 26, 2019

Federal Excise Tax (FET) Implications

Excise Tax Enquirer

Taxable use and addition of lift axle

We purchased a new truck for use in our business. The vehicle was not subject to Section 4051 tax (FET) because its GVWR was at or below 33,000 pounds. We want to add a lift axle to the truck that will increase its GVWR...

December 26, 2018

Excise Tax Enquirer

Special rule for trailer and semitrailer resale

My company recently purchased a new, taxable semitrailer from the manufacturer and did not provide the seller with a resale certificate. We are not making any modifications to the semitrailer and plan to resell it. Will...

November 2, 2018

Gross Combined Weight Rating (GCWR)

Excise Tax Enquirer

When is a chassis cab an FET-taxable tractor?

We sell incomplete chassis cabs to an upfitter that completes them into trucks and sells them at retail. Is it correct that if the Manufacturer’s Statement of Origin/Certificate of Origin identifies the incomplete...

August 30, 2018

Excise Tax Enquirer

How a trade-in will affect your FET calculations

We are selling a taxable truck, and the purchaser is paying a portion of the sales price with a trade-in vehicle. In negotiating the sale, we agreed to a trade-in allowance greater than the fair market value. How should...

July 5, 2018

Federal Excise Tax (FET) Implications

Excise Tax Enquirer

Truck or tractor?

We sell completed vehicles that can both carry a load and tow a trailer. For purposes of Section 4051 tax (FET), does it matter whether we treat these vehicles as trucks or tractors?

April 27, 2018

Federal Excise Tax (FET) Implications

Excise Tax Enquirer

Liftgates: Parts and accessories or mere combination?

We recently purchased a new, tax-paid truck to use in our business. We want to add a new power liftgate to the vehicle, but will not make any other modifications. Is it true that a power liftgate is exempt from Section...

March 2, 2018

Federal Excise Tax (FET) Implications

Excise Tax Enquirer

FET liability on a U.S. import from Canada

We are a U.S. company considering importing a truck from Canada and reselling it to a U.S. end user. If the vehicle we purchase was both manufactured and used in Canada, would the sale still trigger Section 4051 tax? If...

December 28, 2017

Excise Tax Enquirer

Determining crane taxability

How can we determine if the crane we install on a taxable truck chassis is subject to tax under Internal Revenue Code (IRC) 4051?

October 27, 2017

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