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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...

Alamo Auto Supply announced it sold its wholesale distribution business to Meyer Distributing, a leading national distributor of automotive specialty products. The transaction allows Alamo Auto Supply to concentrate on...

Shur-Co ® unveiled its new brand identity—a bold visual and strategic evolution which underscores its commitment to a more unified, customer-centric operating model, while building on over seven decades of innovation and...

We buy used chassis, modify them and resell them. The modifications typically include adding a lift axle and stretching the frame. We have been told that the 75% rule applies to customer-owned chassis; does it also apply...

NTEA – The Work Truck Association™ released the Canada Regulatory Compliance Guide: An Essential Resource for Producing Commercial Vehicles for the Canadian Market.

​​​​​​​A customer wants us to install a cab shield on a used chassis that was previously subject to tax under Internal Revenue Code Section 4051. Is our installation of the cab shield an act of further manufacturing...

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...

We are approaching the end of another busy year in the commercial vehicle industry. We’ve taken every change in stride, and proven innovation and growth are at the core of our community. As we head into the new year, we...