Navigating Retail Tax on Heavy Trailers and Tractors

Presented on July 23, 2024

Dustin Hubbard, Managing Director, State & Local Tax Services

Learn more about the 12% retail excise tax on the first retail sale of heavy trucks, trailers, and tractors and its impact on the industry.

Key topics include:

  • An overview of the tax
  • Vehicle applicability and highway use
  • Definitions of vehicles and exemptions
  • Tax base and first retail sale exceptions

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