Gen Next offers networking and professional development opportunities for member company employees who have been part of the work truck industry for less than 10 years.
We are a distributor that just bought a taxable trailer from a manufacturer on a tax-paid basis. (We did not provide the manufacturer with a resale certificate, and the manufacturer’s invoice included the amount of FET...
We are an upfitter, and one of our local dealers sold some used pickup trucks to a customer and sent them to our business for service body installations without consulting us or the OEM for pickup box removal guidance...
For some body and equipment installers, glider kits represent an area of caution and confusion. Before agreeing to install a body and equipment on a glider kit-based truck, you need to know if the vehicle is new or used...
What are commercial vehicles and what does the work truck industry represent? Unlike mass-produced assembly-line passenger cars and trucks, commercial vehicles are primarily designed and produced individually, on 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?
We are a truck body manufacturer. As a promotion to sell certain bodies, we are offering customers an opportunity to buy a body with no money down for 60 days. On the 61st day, the entire sale price is due. On day one...
There are two primary situations — sales for resale and to government agencies — where a form of FET exemption certificate is used as part of conducting heavy vehicle sales on a tax-free basis.
In our distributorship, we often shorten a chassis at the request of a customer. Sometimes we change the wheelbase as a result of the shortening, and sometimes we don’t. Has the Internal Revenue Service issued rules...