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IRS Issues Regulations on 10-Percent Tax on Tanning Services Effective July 1

By
Real Estate Agent with Re/Max 100

Are you kidding me??? Keep reading.

IRS Issues Regulations on 10-Percent Tax on Tanning Services Effective July 1

WASHINGTON - The Internal Revenue Service today issued regulations outlining the administration of a 10-percent excise tax on indoor tanning services that goes into effect on July 1.

The regulations were published today in the Federal Register. 

In general, providers of indoor tanning services will collect the tax at the time the purchaser pays for the tanning services.  The provider then pays over these amounts to the government, quarterly, along with IRS Form 720, Quarterly Federal Excise Tax Return.

The tax does not apply to phototherapy services performed by a licensed medical professional on his or her premises.  The regulations also provide an exception for certain physical fitness facilities that offer tanning as an incidental service to members without a separately identifiable fee.  

The IRS and Treasury Department invite comments.

Send submissions to: CC:PA:LPD:PR (REG-112841-10), Room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044.

Submissions may be hand-delivered to: CC:PA:LPD:PR Monday through Friday between the hours of 8 a.m. and 4 p.m. to: CC:PA:LPD:PR (REG-112841-10), Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue, NW;  Washington, DC,

 

From IRS.gov

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Regards,  

Indera Coggins(R)
Certified Distressed Property Expert
301-481-0787 (cell)
410-423-1753 (fax)
inderac@gmail.com
www.inderacoggins.com 

Comments (1)

Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I agree that these cancer causing booths should have a tax on them the same as cigarettes.  I'd actually take it a step further and have them both banned completely.  There is no reason for their existence other than false vanity and stupidity.  I believe all foolish choices should be penalized.

I'm not usually so outspoken but I've lost far too many people to cancer and it maddens me.

Jun 13, 2010 12:29 PM