Source: https://www.federalregister.gov/documents/2004/08/10/04-18160/collected-excise-taxes-duties-of-collector
Timestamp: 2017-09-21 04:13:48
Document Index: 67106514

Matched Legal Cases: ['§\u200940', '§\u200949', '§\u200940', '§\u200940', '§\u200940', '§\u200949', '§\u200940', '§\u200949', '§\u200949', '§\u200940']

A Rule by the Internal Revenue Service on 08/10/2004
TD 9149
1545-BB76
https://www.federalregister.gov/d/04-18160 https://www.federalregister.gov/d/04-18160
Applicability Dates: For dates of applicability, see §§ 40.6302(c)-3T(b)(2)(ii) and 49.4291-1T.
If the taxpayer refuses to pay the tax the collector is required, under § 49.4291-1, to report this refusal to the IRS. The IRS will then assert the tax against the taxpayer. Current regulations do not specify the time within which the collector must report this refusal to the IRS.
It has been determined that this Treasury decision is not a significant regulatory action as defined in Executive Order 12866. Therefore, a regulatory assessment is not required. It also has been determined that section 553(b) of the Administrative Procedure Act (5 U.S.C. chapter 5) does not apply to these regulations. For applicability of the Regulatory Flexibility Act, please refer to the cross-referenced notice of proposed rulemaking published elsewhere in this issue of the Federal Register. Pursuant to section 7805(f) of the Code, these temporary regulations will be submitted to the Chief Counsel for Advocacy of the Small Business Administration for comment on their impact on small business.
(B) [Reserved]. For further guidance, see § 40.6302(c)-3T(b)(2)(ii)(B).
Special rules for use of Government depositaries under chapter 33 (temporary).
(a) through (b)(2)(ii)(A) [Reserved]. For further guidance, see § 40.6302(c)-3(a) through (b)(2)(ii)(A).
(b)(2)(ii)(B) Applicable October 1, 2004, the account required under § 40.6302(c)-3(b)(2)(i)(A) may not reflect an item of adjustment for any month during a quarter if the adjustment results from a refusal to pay or inability to collect the tax and the uncollected tax has not been reported under § 49.4291-1 of this chapter on or before the due date of the return for that quarter; and
(b)(2)(ii)(C) through (g) [Reserved]. For further guidance, see § 40.6302(c)-3(b)(2)(ii)(C) through (g).
* * * For further guidance, see § 49.4291-1T. * * *
Persons receiving payment must collect tax (temporary).
Applicable October 1, 2004, a person required to report uncollected tax under § 49.4291-1 must make the report on or before the due date of the return on which the refusal to pay or inability to collect such tax is reflected (or could be reflected but for the limitation in § 40.6302(c)-3T).
[FR Doc. 04-18160 Filed 8-9-04; 8:45 am]