Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is Visa Purchase exempt from Federal tax?

0
Posted

Is Visa Purchase exempt from Federal tax?

0

The Government is exempt from Federal Communications and Highway Vehicle users tax. FAR 29.203 states, pursuant to 26 USC 4293, “The Secretary of the Treasury has exempted the Federal government from the communications excise tax imposed in 26 USC 4251, when the supplies and services are for the exclusive use of the United States.” (Secretarial Authorization, June 20, 1947, Internal Revenue Cumulative Bulletin, 1947-1,205.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123