- This topic has 1 reply, 2 voices, and was last updated 9 years, 1 month ago by .
-
Topic
-
Need some guidance on purchases of new heavy equipment (Heavy Trucks & Trailers). I tried finding a clear answer on this but couldn’t find any links that would clarify if a company would have to pay of FET 12% as well as Sales Tax 6.25% (Texas companies). The last company I worked for, I was told No – that once FET is paid no Sales tax would incur but at the current company I work for they are saying Yes. Help!
Is there anyone with FET and Sales Tax experience on the purchase of new equipment and if there is some source document I could rely on?
Thanks for your help!
AUD - 74 (3x), TBD
BEC - Sept16
FAR - TBD
REG - TBD
Viewing 1 replies (of 1 total)
Viewing 1 replies (of 1 total)
- The topic ‘Federal Excise Tax & Sales Tax Question!!’ is closed to new replies.