LR-27-83 TEMP. REG. - FLOOR STOCKS CREDITS OR REFUNDS AND CONSUMER CREDITS OR REFUNDS WITH RESPECT TO CERTAIN REPEALED ARTICLES, EXCISE TAX ON HEAVY TRUCKS - LR-54-85...
ICR 198904-1545-042 · OMB 1545-0745 · Historical Active
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LR-27-83 TEMP. REG. - FLOOR STOCKS CREDITS OR REFUNDS AND CONSUMER CREDITS OR REFUNDS WITH RESPECT TO CERTAIN REPEALED ARTICLES, EXCISE TAX ON HEAVY TRUCKS - LR-54-85...
No material or nonsubstantive change to a currently approved collection
LR-27-83 AMENDS THE DEFINITION OF FIRST RETAIL SALE. UNDER THE REVISED RULES, A SALE IS TREATED AS A FRIST RETAIL SALE UNLESS THE PURCHASER (A) IS NOT IN THE BUSINESS OF LEASING AND INTENDS TO RESELL, OR (B) REGISTERS UNDER SECTION 4222 AND CERTIFIES THAT IT INTENDS TO RESELL T VEHICLE. LR-54-85 AMENDS THE DEFINITION OF FIRST RETAIL SALE TO CORRESPOND TO SECTIONS 505 AND 506 OF THE HIGHWAY REVENUE ACT OF 1987.
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