[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR49.4263-1]

[Page 262]
 
                       TITLE 26--INTERNAL REVENUE
 
                               (Continued)
 
PART 49--FACILITIES AND SERVICES EXCISE TAXES--Table of Contents
 
                  Subpart D--Transportation of Persons
 
Sec. 49.4263-1  Commutation tickets.

    (a) Tickets for single trips of less than 30 miles. Amounts paid for 
commutation or season tickets or books for single trips of less than 30 
miles are exempt from the tax imposed by section 4261, regardless of the 
length of time for which such tickets or books are valid. The phrase 
``less than 30 miles'' means less than 30 constructive miles in 
instances where the charge is based on constructive mileage.
    (b) Tickets for one month or less. Amounts paid for commutation 
tickets or books for one month or less are exempt from the tax 
regardless of the distance of a single trip.

[T.D. 6430, 24 FR 9665, Dec. 3, 1959. Redesignated by T.D. 6618, 27 FR 
11225, Nov. 14, 1962]