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Federal Excise Tax

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February 5, 2014 - Industry News

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

In its two factories in east Tennessee, Fitzgerald last year assembled about 1,200 gliders.

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, Argosy, Glider Kits, Freightliner of Hartford, Supercube, Federal Excise Tax, Cabovers

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