Those making or using truck glider kits are being cautioned to reassess their plans following an about-face from previous guidance supplied by the Internal Revenue Service (IRS) regarding the tax rates for those products. According to Bob Raybuck, director of technical services for the National Truck Equipment Association (NTEA), the IRS now suggests that the 75% rule when it comes to applying the 12% federal excise tax (FET) likely will not apply to many situations in which used components ...

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