Webinar Recording: Fair Tax Treatment For All RV Dealers

The definition of “motor vehicle” in the federal tax code inequitably impacts certain segments of the RV industry. While floor plan financing interest charges on motorhomes remains fully deductible, towable RVs are now limited to deductions of only 30% of interest expenses based on earnings before interest and tax. This is unfair and was not the Congressional intent behind changing the definition of “motor vehicle” in the Tax Cuts & Jobs Act back in 2017.

On Thursday, May 18, Senior Manager of Government Affairs, Samantha Rocci, led a concise webinar explaining how this unfair tax treatment came to be and the bill Congress should pass to remedy the issue.