Eliminating FET would provide Congress the opportunity to create long-term stability in the Highway Trust Fund by replacing it with a funding source not based on annual truck sales.
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...
Federal and Canada Motor Vehicle Safety Standard 108 contain regulatory requirements for lighting on motor vehicles. While they separately represent regulations of each country, they are highly aligned, so manufacturers...
If we sell a truck chassis subject to Section 4051 tax (FET), is the amount of FET due on the chassis always based on the selling price of the chassis?
Did you know NTEA maintains a government relations department and satellite offices in Washington, DC, and Ottawa, Ontario? We are committed to protecting and advancing member interests by actively working with Congress...
A couple of months ago, a trucking company approached us about leasing a tractor from us for use in its business. We subsequently purchased a new tractor from a manufacturer tax-free based on an exemption certificate in...
AISBM, formed in 1979, works to maintain an effective working relationship with chassis OEMs and keep the industry informed on relevant engineering matters pertaining to service bodies.