February 5, 2014 - Industry News
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
September 13, 2013 - Industry News
Legislation has been introduced in the U.S. House to discourage any increase in the 12% Federal Excise Tax on the purchase of heavy-duty trucks and trailers, a measure that has been discussed as one way to raise more money for highways.
Tags: NTEA, TRALA, taxes, ATD, Congress, Navistar, Volvo Trucks, Equipment, Mack Trucks, Meritor, Highway Funding, Dealers, Infrastructure Funding
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