# 27 CFR § 70.62: Fractional parts of a cent

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-27-70.62

## Section

- **Citation:** 27 CFR § 70.62
- **Heading:** Fractional parts of a cent
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 27—Alcohol, Tobacco Products and Firearms > CHAPTER I—ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY > SUBCHAPTER F—PROCEDURES AND PRACTICES > PART 70—PROCEDURE AND ADMINISTRATION > Subpart D—Collection of Excise and Special (Occupational) Tax > Receipt of Payment

## Text

In the payment of any tax, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall not be disregarded in the computation of taxes.
(26 U.S.C. 6313)
[T.D. ATF-251, 52 FR 19314, May 22, 1987. Redesignated by T.D. ATF-301, 55 FR 47606, Nov. 14, 1990]

## Nearby sections

- [27 CFR § 70.51 § 70.51 Collection authority.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.51.md)
- [27 CFR § 70.52 § 70.52 Signature presumed authentic.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.52.md)
- [27 CFR § 70.61 § 70.61 Payment by check or money order.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.61.md)
- [27 CFR § 70.62 § 70.62 Fractional parts of a cent.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.62.md)
- [27 CFR § 70.63 § 70.63 Computations on returns or other documents.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.63.md)
- [27 CFR § 70.64 § 70.64 Receipt for taxes.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.64.md)
- [27 CFR § 70.65 § 70.65 Use of commercial banks.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.65.md)
- [27 CFR § 70.71 § 70.71 Assessment authority.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.71.md)
- [27 CFR § 70.72 § 70.72 Method of assessment.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.72.md)
- [27 CFR § 70.73 § 70.73 Supplemental assessments.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.73.md)
- [27 CFR § 70.74 § 70.74 Request for prompt assessment.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.74.md)
- [27 CFR § 70.75 § 70.75 Jeopardy assessment of alcohol, tobacco, and firearms taxes.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.75.md)
- [27 CFR § 70.76 § 70.76 Stay of collection of jeopardy assessment; bond to stay collection.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.76.md)
- [27 CFR § 70.77 § 70.77 Collection of jeopardy assessment; stay of sale of seized property pending court decision.](https://www.frixlaw.com/law-library/statutes/ecfr-27-70.77.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-27-70.62. Check the current official text before relying on it. Not legal advice.