Equipment

Federal Excise Tax

1  -  3  of  3

March 23, 2018 - Industry News

Outgoing ATD Chairman Wants Tax on Trucks and Trailers Repealed

ATD chairman Steve Parker urged dealers to work with Congress to repeal the Federal Excise Tax on trucks and trailers. Photo: ATD

At the ATD Show in Las Vegas, Steve Parker, chairman of the American Truck Dealers organization, urged dealers to work with congress to repeal the federal excise tax on the sale of heavy duty trucks and trailers.

Tags: Legislation, Taxes, ATD, Events, Truck Dealers, Federal Excise Tax

February 5, 2014 - Industry News

FET Exemption for Glider-Kitted Trucks Might End, IRS Indicates

Exemption from the 12% FET is a major benefit of buying gliders instead of new trucks, but new IRS thinking would take away that break.

Tags: Taxes, Equipment, Federal Excise Tax, Glider Kits, NTEA, NTDA, IRS, Dealers

January 13, 2014 - Industry News

The Return of the Truck that Never Went Away

Out of sight, out of mind. DTNA never stopped offering the Argosy as a glider, but few knew it was available.

Many thought the Argosy COE went out of production in 2006, but it's still available in NAFTA markets as a glider kit. DTNA says interest in the truck is growing as more customers become aware of its continued availability.

Tags: DTNA, Freightliner, Glider Kits, Federal Excise Tax, Cabovers

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