Category Archives: Legal/Regulatory Alerts

Articles on various legal or regulatory issues

Results from ATD Press Release on FET Repeal

Bill Seeks to Repeal Federal Excise Tax on Heavy-Duty Trucks (Trucks.com) https://www.trucks.com/2017/06/21/bill-introduced-repeal-federal-truck-tax/   House bill would nix 12% excise tax on truck purchases (Overdrive Magazine) http://www.overdriveonline.com/house-bill-would-nix-12-excise-tax-on-truck-purchases/   House Bill Would Repeal Heavy-Truck Federal Excise Tax (Heavy Duty Trucking) http://www.truckinginfo.com/news/story/2017/06/house-bill-would-repeal-heavy-truck-federal-excise-tax.aspx   New legislation aims to repeal federal excise tax on trucks (Fleet Owner) http://fleetowner.com/regulations/new-legislation-aims-repeal-federal-excise-tax-trucks   Bill… Continue Reading

Latest Compliance Information – Know the Rules

Latest Compliance Information on Advertising, Damage Disclosures, Dealer Fees, GLB & Safeguard Rule, New Buyers Guide – FTC Used Car Rule, Changes in Out of State Resident Sales Tax, Roger’s Case Reminder, and important documentation need on Sales for Resale. Continue Reading

Sales for Resale

To be tax exempt, the burden of proof rests with the seller, who must retain the required documentation to support the exempt sale. Continue Reading

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