LR-27-83 (TD 7882 - final) Floor Stocks Credits or Refunds and Consumer Credits or Refunds With Respect to Certain Tax-Repealed Articles; Excise Tax on Heavy Trucks; LR-54-85 (TD 8050) Excise Tax on
ICR 201211-1545-032 · OMB 1545-0745 · Historical Active
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LR-27-83 (TD 7882 - final) Floor Stocks Credits or Refunds and Consumer Credits or Refunds With Respect to Certain Tax-Repealed Articles; Excise Tax on Heavy Trucks; LR-54-85 (TD 8050) Excise Tax on
Extension without change of a currently approved collection
LR-27-83 (TD 7882), requires sellers of trucks, trailers and semitrailers, and tractors to maintain records of the gross vehicle weights of articles sold to verify taxability. LR-54-85 (TD 8050), requires that if the sale is to be treated as exempt, the seller and the purchaser must be registered and the purchaser must give the seller a resale certificate.
US Code:
26 USC 4051
Name of Law: Imposition of tax on heavy trucks and traitors sold at retail
US Code:
26 USC 4052
Name of Law: Definitions and special rules.
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