Comment Request on Carrier Summary Report and Extensions for ExSTARS Information Return
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The law invites public comments on the information collection request by the Internal Revenue Service (IRS) regarding the Carrier Summary Report and extensions for ExSTARS information returns. It aims to ensure compliance with excise taxes on motor fuels through systematic tracking of product movements. This information helps the IRS assess and minimize the burden of its reporting requirements.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- No changes to previously approved information collection
- Extending the comment period until June 8, 2026
- Invitation for public commentary on information utility and clarity
Obligations
What this law requires
Bulk transport carriers must file Form 720-CS monthly to report receipts and disbursements of all liquid products at storage locations designated by facility control number (FCN)
Terminal operators must file Form 720-TO monthly to report receipts and disbursements of all liquid products to and from all approved terminals
Motor fuel industry representatives must submit written comments on the information collection request on or before June 8, 2026 to ensure consideration
Comments must be directed to Andres Garcia at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or by email to pra.comments@irs.gov with OMB Control No. 1545-1733 in the subject line
Filers may request a 30-day extension of time to file ExSTARS information reports (Form 720-CS or Form 720-TO) by submitting Form 8809-EX