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Excise Tax Enquirer

Applying FET to spare/replacement parts and accessories

From an NTEA member For purposes of the Internal Revenue Code (IRC) Section 4051 Federal Excise Tax (FET), if we buy a new taxable truck chassis and, at the same time, buy a spare chassis part/accessory for that chassis...

November 1, 2025

Federal Excise Tax (FET) Implications

Association News

Work Truck Week dates through 2030

Professionals from across the global commercial vehicle industry attend Work Truck Week, including fleet management companies, top private and government fleets, chassis OEMs, truck dealers, equipment manufacturers...

October 1, 2025

Tech Connections

Rear end protection vs. rear impact guards

We manufacture and install truck bodies. The guards positioned on the back of trucks and trailers look pretty much the same, but we hear there are differences between them. If so, what are they?

May 3, 2019

Risk Mitigation

OneMagnify

May 15, 2025

Excise Tax Enquirer

Taxability of refuse packer truck bodies and the suitable for use test

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

January 3, 2022

Legislative

Bill 81, An Act to amend various provisions relating to the environment

On May 28, 2025, the Government of Quebec officially adopted Bill 81, An Act to amend various provisions relating to the environment , which includes the introduction of a zero emission vehicle (ZEV) sales mandate for...

July 11, 2025

FMVSS 135

Light Vehicle Brake Systems This Standard specifies requirements for vehicles equipped with hydraulic and electric service brakes and parking brake systems to ensure safe braking performance under normal conditions and...

June 22, 2024

Industry News

An appropriate time to discuss flood insurance

With current extreme weather conditions in many areas of the United States, I understandably have received many phone calls and inquiries recently about flood insurance. Most callers wonder if they currently have flood...

April 1, 2022

Risk Mitigation

Industry News

Flood insurance

With recent devastating weather conditions in central and eastern states, now seems like a good time to talk about flood insurance. Understandably, I’m receiving many phone calls and inquiries about flood insurance, with...

June 21, 2019

Industry News

An appropriate time to discuss flood insurance

With the devastating conditions brought on by recent Hurricanes Harvey and Irma, now is a good time to talk about flood insurance. Understandably, many companies are inquiring about whether or not their property policies...

October 3, 2017

Risk Mitigation

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