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Quarterly Excise Tax Filing for Small Alcohol Excise Taxpayers (2005R-441P)

tax-irs · TTB · Rule · Published 2006-02-02 · Effective 2006-01-01 · 71 FR 5598

Document

Document number
06-981
Federal Register citation
71 FR 5598
CFR reference
27 CFR 19
Type
Rule
Action
Temporary rule; Treasury decision.
Category
tax-irs
Sub-agency
TTB
Publication date
2006-02-02
Effective date
2006-01-01
Treasury docket
T.D. TTB-41

Abstract

This temporary rule implements the quarterly excise tax payment procedure for small alcohol excise taxpayers contained in section 11127 of the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users, which amended section 5061 of the Internal Revenue Code of 1986. Before passage of this law, most Federal alcohol excise taxpayers paid the tax on a semimonthly basis. We are amending the applicable regulations on a temporary basis to incorporate the legislative change allowing quarterly payments. We also are soliciting comments from all interested parties on the implementation of this new procedure through a notice of proposed rulemaking published elsewhere in this issue of the Federal Register.

Source

Authoritative
Federal Register document
Machine
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