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We are a new truck equipment distributorship that purchases bodies from manufacturers and sells them to end-users. Since we are making the retail sale, we assumed that we would be paying the FET, but manufacturers are...

This member-submitted question explores how federal excise tax (FET) under Internal Revenue Code Section 4051 may apply to subsequent sales of trucks, trailers, and related chassis or bodies that were previously subject...

Idaho EMS providers now have easier access to reliable, high-value ambulances. Medix Specialty Vehicles, an ambulance manufacturer known for delivering dependable units with competitive lead times, has expanded its...

Is there an FET exemption for sales of taxable trucks to schools?

Fleet managers, truck dealers and OEMs know truck equipment manufacturers and distributors with MVP status have implemented specific business and quality standards and comply with federal regulations.

FOR IMMEDIATE RELEASE Media Contact: Jan Thomas Marketing Communications Manager FARMINGTON HILLS, Mich. (Oct. 16, 2025) — Because standards don’t raise themselves, NTEA’s Member Verification Program (MVP) acknowledges...