REVENUE RULE 92-5

1992-1 C.B. 436, 1992-3 I.R.B. 24.

Internal Revenue Service
Revenue Ruling

OBSOLETE REVENUE RULINGS

Published: January 21, 1992

26 CFR 301.7805-1: Rules and Regulations.

Obsolete revenue rulings. Certain revenue rulings involving the repealed tax on the use of civil aircraft are declared obsolete. [Full text in this issue.]

The Internal Revenue Service is continuing its program of reviewing revenue rulings in the Internal Revenue Bulletin to identify and publish lists of those revenue rulings that, although not specifically revoked or superseded, are no longer considered to be determinative because (1) the applicable statutory provisions or regulations have been changed or repealed; (2) the ruling position is specifically covered by statute, regulations, or a subsequent published position; or (3) the facts set forth no longer exist or are not sufficiently described to permit clear application of the current statute and regulations.

This revenue ruling publishes a list of revenue rulings dealing with the tax imposed on the use of civil aircraft by section 4491 of the Internal Revenue Code, which as repealed by section 280(c)(1) of the Tax Equity and Fiscal Responsibility Act of 1982, 1982-2 C.B. 462, 542. The listed revenue rulings have been identified under the Service's review program as no longer being determinative.

Accordingly, the revenue rulings listed below are hereby declared obsolete.

Rev.Rul. #    C.B. Citation Rev.Rul. #    C.B. Citation
71-176        1971-1, 379

71-323         1971-2, 378

71-514        1971-2, 378

72-41         1972-1, 353

72-246        1972-1, 353

72-427        1972-1, 587

 73-243        1973-1, 449

73-321         1973-2, 410

73-336        1973-2, 410

77-52         1977-1, 348

77-144        1977-1, 349

The Service will continue to review other revenue rulings relating to excise tax matters to ascertain those that, for the reasons stated above, are inapplicable to future transactions. Therefore, failure to include any particular revenue ruling in the above list should not be construed as an indication that the revenue ruling necessarily is determinative with respect to future transactions.

DRAFTING INFORMATION

The principal author of this revenue ruling is Gerald J. Grasman of the Office of the Assistant Chief Counsel (Passthroughs and Special Industries). For further information regarding this revenue ruling contact Mr. Grasman on (202) 566-3451 (not a toll-free call).

Rev. Rul. 92-5, 1992-1 C.B. 436, 1992-3 I.R.B. 24.