Internal Revenue Service January 16, 2009 – Federal Register Recent Federal Regulation Documents

Highway Use Tax; Sold Vehicles and Electronic Filing
Document Number: E9-857
Type: Proposed Rule
Date: 2009-01-16
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains proposed regulations that provide guidance on mandatory electronic filing of Form 2290, ``Heavy Highway Vehicle Use Tax Return,'' for 25 or more vehicles; credits or refunds for sold, destroyed or stolen vehicles; and paying tax on the use of certain second-hand vehicles. The regulations reflect changes to the law made by the American Jobs Creation Act of 2004. The regulations would affect owners and operators of highway motor vehicles with a taxable gross weight of 55,000 pounds or more.