June 1, 2016 - Industry News
Sen. Cory Gardner introduced Senate Concurrent Resolution 40, expressing opposition toward increasing the 12% Federal Excise Tax (FET) on heavy trucks and truck bodies.
Tags: Legislation, Federal Excise Tax, U.S. Senate
April 2, 2015 - Industry News
A bipartisan group of U.S. House members have introduced a bill seeking to stop any increase of the excise tax on new heavy-duty trucks, an effort that has been applauded by truck dealers.
Tags: ATD, Federal Excise Tax, Proposed Legislation, U.S. Congress, Truck Dealers
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
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