EXCISE TAX

Rev. Rul. 2002–50, page 292 . Tax-free sale of articles for use by the purchaser as sup- plies for vessels or aircraft . For purposes of section 4092, an aircraft that flies a person for hire between the United States and a foreign country is actually engaged in foreign trade within the meaning of section 4221(d)(3). That aircraft is also actually engaged in foreign trade when flying that person from a city in the United States to another city in the United States as part of the transportation between the United States and the foreign country. Rev. Rul. 69–259 modified and superseded.