[Code of Federal Regulations]

[Title 26, Volume 16]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 26CFR48.4041-4]



[Page 55]

 

                       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 Sec. Sec.  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]