[Code of Federal Regulations]
[Title 26, Volume 16]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR48.4041-14]

[Page 65]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 48_MANUFACTURERS AND RETAILERS EXCISE TAXES--Table of Contents
 
                         Subpart F_Special Fuels
 
Sec. 48.4041-14  Exemption for sale to or use by certain aircraft 
museums.

    (a) In general. (1) The tax imposed by section 4041 does not apply 
to liquids which are sold for use or used by an aircraft museum in an 
aircraft or vehicle owned by such museum and used exclusively for the 
procurement, care, and exhibition of aircraft of the type used for 
combat or transport in World War II.
    (2) In the case of liquid sold for use in an aircraft owned by an 
aircraft museum and to be used for the pruposes described in paragraph 
(a)(1) of this section, a tax-free sale may be made only if the 
requirements of Sec. 48.4041-11 are met.
    (b) Cross reference. For the definition of aircraft museum, see 
section 4041(h)(2).

[T.D. 8066, 51 FR 20, Jan. 2, 1986]