Tax-Free Exports of Vaccines, Vaccine Floor Stocks Tax of 1993, and Fuel Floor Stocks Taxes Under the Omnibus Budget Reconciliation Act of 1993

摘要

This document contains final regulations relating to the export of certain vaccines and to the floor stocks tax on vaccines held on August 10, 1993. This document also contains final regulations relating to the floor stocks taxes on gasoline, diesel fuel, and aviation fuel held on October 1, 1993; on diesel fuel held on January 1, 1994; and on commercial aviation fuel held on October 1, 1995. These regulations reflect changes to the law made by the Omnibus Budget Reconciliation Act of 1987 and the Omnibus Budget Reconciliation Act of 1993 (OBRA 1993). The regulations provide guidance relating to the floor stocks taxes, including guidance concerning the person liable for each tax, exceptions to the taxes, and the time for reporting and paying each tax. In addition, the regulations provide guidance to manufacturers of exported vaccines.