26 CFR 49.4254-2
§ 49.4254-2 Payment for toll telephone service or telegraph service in coin-operated telephones.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 49.4254-2, § 49.4254-2 Payment for toll telephone service or telegraph service in coin-operated telephones, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/113649
- Permanent ID
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e64119754cae0bebaecd7ecbfcdf8fd4643dedc3292236957fef647da7412567
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Full text
Where the tax on a toll telephone or radio telephone message or conversation, or a telegraph, cable, or radio dispatch or message is paid by inserting coins in a coin-operated telephone, the tax shall be computed to the nearest multiple of 5 cents, and where the tax is midway between multiples of 5 cents, the next highest multiple shall apply. In other words, one-half or a greater fraction of 5 cents shall be treated as 5 cents and a smaller fraction shall be ignored.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.