A Houston-based trucking wholesaler and retailer is responsible for $1.93 million in excise taxes for tires it bought from Chinese manufacturers in order to resell them in the U.S., the U.S. Court of Appeals for the 5th Circuit ruled.
The 5th Circuit’s opinion Monday reversed a district court ruling in September that Texas Truck Parts & Tire Inc. wasn’t responsible for the excise taxes on the tires it purchased because customs forms showed that the Chinese companies imported the tires, according...