Rev. Proc. 66-28

SECTION 1. PURPOSE.

The purpose of this Revenue Procedure is to provide an alternative identifying number which may be used by dealers in submitting requests to manufacturers in respect of credit or refund of tax under section 209(b) of the Excise Tax Reduction Act of 1965, Public Law 89-44, C.B. 1965-2, 568, on floor stocks of automobile parts and accessories held by dealers.

SEC. 2. BACKGROUND.

.01 Law.--Under section 209(b) of the Act, floor stocks refunds of tax paid on certain articles, including automobile parts and accessories, are available to the manufacturer, producer, or importer who sold the article, provided specific conditions relating to filing claims, dealer requests for payment and dealer reimbursement are met. In the case of automobile parts and accessories, the article must be held by a dealer on January 1, 1966, not used, and intended for sale by him. On or before June 30, 1966, a dealer must submit to a manufacturer a request with respect to a credit or refund allowable under section 209(b) of the Act for tax paid by such manufacturer on automobile parts and accessories held for sale by the dealer on January 1, 1966, as floor stocks.

.02 Regulations.--Paragraph (d)(3)(iv) of section 145.2-5 of the temporary regulations in connection with the Excise Tax Reduction Act of 1965, Treasury Decision 6857, C.B. 1965-2, 987, provides that the dealer's request to the manufacturer must contain the dealer's employer identification number.

.03 Inability to furnish employer identification number.--It has been brought to the attention of the Internal Revenue Service that a number of dealers, who have no employees and are not required to file Form 720, Quarterly Federal Excise Tax Return, have not previously obtained employer identification numbers and need authority to use alternative identifying numbers.

SEC. 3. CONCLUSION.

In those cases where a dealer is not otherwise required by law or regulations to have an employer identification number, for purposes of section 145.2-5(d)(3)(iv) of the temporary regulations, the requirement that a dealer furnish his "employer identification number" in connection with his request for floor stocks credit or refund on automobile parts or accessories will be treated as having been met if the dealer furnishes his "account number," which is the same as his social security number.

² Also released as Technical Information Release 821, dated May 31, 1966.