Blog

Transportation (in sales and use tax law) generally refers to companies who are in the business of transporting tangible personal property for others in interstate and/or intrastate commerce. This movement can be by the means of rolling stock trucks, truck tractors, trailers, etc.

The Federal Income Tax – We’ve recently been working on our federal income taxes, since Tax Day is next Monday this year. Probably many of you have been too. From time to time, we’re called on to evaluate tax proposals of various kinds, and we’ve developed a number of criteria that help one to tell a bad tax from one that’s, well, not so bad.

IRS Proposes Permanent Excise Tax Regs – The Federal Register of March 31, 2016, carried a Notice of Proposed Rulemaking from the federal Internal Revenue Service proposing permanent rules for the 12 percent excise tax on the sale of trucks, trailers, and parts and for the federal tax on heavy tires.

New York State Highway Use Tax – Permits & Decals
Owner-Operator Independent’s Drivers Association (OOIDA) filed a class action lawsuit challenging the constitutionality of taxes that impose $15 for a certificate of registration and a $4 decal charge on all trucks using New York state highways.

TITLE AD VALOREM TAX IS “NO-MORE” for trucks registered in Georgia under IRP and will remain free from Title Ad Valorem Tax (TAVT) that went into effect on March 1, 2013.  The TAVT would have imposed a 6.5% tax on the purchase of trucks/tractors titled in Georgia.

Georgia’s New Title Ad Valorem Tax (“TAVT”) will go into effect on March 1, 2013, as Georgia House Bill 80 remains in a state of flux. The trucking industry is getting tax again! This means that the purchase of a truck/tractor in Georgia will have a new TAVT of $8,125. The current Ad Valorem taxes for this same truck/tractor would be approximately $375 per year.

The Virginia General Assembly passed a sweeping transportation plan that would cut the state’s retail taxes on diesel and gasoline and replace them with a wholesale tax on fuel distributors, raise the state’s sales tax to help fund transportation projects and curtail plans to toll Interstate 95.

Canada finalized greenhouse-gas emissions regulations for heavy-duty trucks on Monday that will reduce emissions from vehicles by as much as 23%, aligning with U.S. standards for the 2014 to 2018 model years.

Rep. Duncan Hunter (R-Calif.), a longtime critic of the federal pilot program to allow Mexican trucks beyond the border trade zone, has asked the chairman of the House Transportation Committee to conduct an extensive review of the program.

Gasoline prices rose 20.3 cents in the past two weeks to $3.80 a gallon, while diesel rose 10 cents to $4.17, according to the latest Lundberg survey of filling stations released Sunday.