[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR48.4041-4]

[Page 64]
 
                       TITLE 26--INTERNAL REVENUE
 
                  CHAPTER I--INTERNAL REVENUE SERVICE,
                       DEPARTMENT OF THE TREASURY
                               (Continued)
 
PART 48--MANUFACTURERS AND RETAILERS EXCISE TAXES--Table of Contents
 
                        Subpart F--Special Fuels
 
Sec. 48.4041-4  Application of tax on sales of liquid for use as fuel in aircraft in noncommercial aviation.

    (a) In general. The taxes imposed by subparagraphs (1)(A) and (2)(A) 
of section 4041(c) apply to the taxable sale of any liquid by any person 
to an owner, lessee, or other operator of an aircraft, for use as a fuel 
in the aircraft in noncommercial aviation.
    (b) Liability of tax. The tax on the taxable sale of any liquid used 
as fuel in aircraft in noncommercial aviation is payable by the person 
who sells the liquid to the owner, lessee, or operator of an aircraft in 
noncommercial aviation.
    (c) Rate of tax. Tax is imposed on the sale of liquids used as fuel 
in aircraft in noncommercial aviation at the rate applicable on the date 
on which the liquid is sold. See Sec. 48.4041-1(b)(3) for rates.
    (d) Cross references. (1) For the tax applicable on the basis of the 
use of fuel in an aircraft in noncommercial aviation, see Sec. 48.4041-
6.
    (2) For the definition of the term ``noncommercial aviation'', see 
paragraph (j) of Sec. 48.4041-8.
    (3) For the exemption of tax with respect to liquids used as fuel in 
aircraft in noncommercial aviation sold for use on a farm for farming 
purposes or as supplies for vessels or aircraft, see Secs. 48.4041-9 and 
48.4041-10, respectively. For tax-free sales if sellers and purchasers 
are registered, see Sec. 48.4041-11.
    (4) For credit or refund of tax paid on fuel used in noncommercial 
aviation that is resold or used otherwise than for the purpose for which 
purchased, see section 6427(a).
    (e) Effective date. The provisions of this section shall apply to 
sales or uses occurring before October 1, 1980, and to sales or uses 
occurring on or after September 1, 1982, and ending before January 1, 
1988.

[T.D. 8066, 51 FR 15, Jan. 2, 1986]