N-2019-10: Request for Comments on Excise Tax Regulations Regarding Fuel Used in a Motor Vehicle Power Take-off or Power Transfer

Issue Number:    N-2019-10

Inside This Issue

Notice 2019-10 requests comments on possible changes to the regulations for excise tax treatment of fuel used in a motor vehicle to operate auxiliary equipment via a power take-off (PTO) mechanism.  Comments are requested on how an exemption for fuel used to power equipment via a PTO could be supported and equitably administered given the range of vehicle types and sizes and complexity of businesses using such vehicles. 
Notice 2019-10  will be in IRB: 2019-13, dated Mar. 25, 2019.
We work across the world

From London to San Francisco, to our home base in (Saint Helier) Jersey, we’re looking for extraordinary and creative scientists to help us drive the field forward.

Disclaimers: AC Investment Inc. currently does not act as an equities executing broker or route orders containing equities securities. All data and information is provided “as is” for personal informational purposes only, and is not intended for trading purposes or advice. Please consult your broker or financial representative to verify pricing before executing any trade.

77 Massachusetts Avenue Cambridge, MA 02139 617-253-1000 pr@ademcetinkaya.com