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Re: Federal Excise Tax

Thank you Rustler for your reply!  Everyone except government entities or an exporter has to pay FET immediately upon buying a product that incurs it.  Your last comment is what I will have to do.  I have heard there are companies that show FET as a loss but I cant figure out how they do that because as a dealer we have to pay it then we just pass it on to the consumer for the same amount.

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