Government Activity
Learn about recent legislative and regulatory issues affecting the work truck industry and gain updates on NTEA's efforts in Washington and Ottawa.
June 12, 2024
Showing 151 - 160 of 1549
Tech Trends
FET body safe harbor rules
NTEA’s technical services department receives questions on taxation of specific body and equipment sales. Because the body and equipment seller is responsible to collect and submit the 12% FET to Internal Revenue Service...
December 7, 2021
Member News
Terex Utilities announces new zero-emissions bucket truck with more range and payload capacity
Terex Utilities (Watertown, South Dakota) announces the next generation of a zero-emissions bucket truck for the electric utility industry. Terex Utilities partnered with Mack Trucks, Inc. to deliver a bucket truck that...
February 26, 2025
Excise Tax Enquirer
Further manufacture: Lift axle installation
When a truck equipment distributor or manufacturer modifies a customer-owned body or chassis, the customer, not the modifier, is responsible for any FET imposed as a result of the modification.
October 1, 1996
Member Verification Program FAQs
General information What is MVP and why is it important? NTEA’s Member Verification Program (MVP) recognizes eligible commercial vehicle industry companies for outstanding business practices and successful implementation...
March 14, 2025
Excise Tax Enquirer
Further manufacture: Expanding the 75% rule
Is it true that the new tax law eliminates the tax on further manufacturing? Our company buys used or wrecked vehicles, which we then restore and sell. Sometimes we modify a tractor into a straight truck or vice versa...
September 1, 1997
Tech Trends
Second Stage Manufacturer’s Statement of Origin (SSMSO)
NTEA fields calls on sSSMSO, which is essentially the manufacturer’s statement of origin (MSO) for the truck body.
January 10, 2022
Tech Connections
Identifying differences between statements/certificates of origin and certification labels
We are a truck equipment distributor receiving customer requests for copies of certification labels for vehicle titling in respective states, but we thought the second-stage manufacturers statement of origin (SSMSO)...
October 6, 2015
Tech Trends
Clarifying tax burdens when quoting or billing a government customer
Members making sales of FET taxable truck chassis, truck bodies and equipment are getting conflicting information on which government agencies are FET-exempt. It is critical to know who is tax-exempt and which...
August 1, 2016
Excise Tax Enquirer
Does the 75 percent rule for further manufacture apply to the truck chassis and truck body separately?
A customer asked us to repair their one-year-old truck. The truck body and chassis, when new, were taxable. The truck body is badly damaged and will require extensive repairs, while the truck chassis needs only minor...
October 13, 2010