Guidance on Filing and Payment of Heavy Highway Vehicle Use Tax for Taxable Period Beginning July 1, 2011

Summary

The IRS has released final and temporary regulations for filing Form 2290 and paying the highway use tax for vehicles with a taxable gross weight of 55,000 pounds or more, starting July 1, 2011. These regulations apply to vehicle owners and operators, and the temporary regulations also serve as the proposed regulations in the Federal Register.