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March 2013, TruckingInfo.com - WebXclusive

Not Much Clarity With New IRS FET Advice

By Denise Rondini

The trucking industry recently asked the Internal Revenue Service for clarification about how Federal Excise Tax applies to glider kits, seeking what Greg Althardt, partner of the dealership group at accountancy firm CliftonLarsonAllen, called some "bright line" results. It got some clarification, but not enough.

Tags: ATD, Dealers, FET, Glider Kits

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