The Federal Excise Tax (FET) is a 12% tax on the sale of new trucks with a gross vehicle weight (GVW) above 33,000 pounds, trailers above 26,000 pounds, and tractors above 19,500 pounds. Gross combined weight typically refers to the total weight of a tractor and its attached trailer(s). Read additional information about FET from the IRS.
What is FET?
Tyler Williams
June 3, 2025