FILING SEMIMONTHLY TAX RETURNS
Manufacturers of tobacco products
and others concerned:
Purpose. The purpose of this industry circular is to advise you
that the provisions of Section 7503, Internal Revenue Code, relating to
the filing of a return when the last day for filing the return falls on
a Saturday, Sunday, or legal holiday are applicable to returns filed,
by manufacturers of tobacco products qualified for extended deferral,
under the provisions of 26 CFR 296.105, as added by Treasury Decision 6849
(30 F.R. 11602).
Timely filing. Therefore, when the last day for the filing of a tax
return under the provisions of 26 CFR 296.105 falls on a Saturday, Sunday,
or legal holiday, such return will be timely filed if it is filed on the
next succeeding day which is not a Saturday, Sunday, or legal holiday.
The term "legal holiday" is defined by the law as including a legal
holiday in the District of Columbia and a State-wide legal holiday in
the State where the return is required to be filed.
Inquiries. Inquiries concerning this circular should refer to its
number and be addressed to your assistant regional commissioner, alcohol
and tobacco tax.
Harold A. Serr
Director, Alcohol and Tobacco Tax Division