Category: LIFO

Legislative Progress on LIFO Relief

I want to provide an update on NADA’s legislative progress to pass the “Supply Chain Disruptions Relief Act” (H.R. 7382/S. 4105) (issue brief here), which would provide temporary relief for dealers on LIFO.  In a significant...

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NADA Answers Treasury on LIFO

As previously reported, in November 2021, letters were sent by 20 Senate Democrats and 91 Democrat and Republican members of the House of Representatives urging the Department of the Treasury to act expeditiously to provide...

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