(a) In general. Any person who is required to make a return on TTB Form 5300.26 pursuant to § 53.151 and who in any return period ceases operations in respect of which the person is
required to make a return on the form, shall make the return for that return period
as a final return. A return made as a final return shall be marked “Final Return” by the person filing
the return. A taxpayer who has only temporarily ceased to incur liability for tax required to
be reported on TTB Form 5300.26 because of temporary or seasonal suspension of business
or for other reasons, shall not make a final return until such operations are permanently
(b) Statement to accompany final return. Each final return shall have attached a statement showing the address at which the
records required by the regulations in this part will be kept, the name of the person
keeping the records, and, if the business of the taxpayer has been sold or otherwise
transferred to another person, the name and address of that person and the date on
which the sale or transfer took place. If no sale or transfer occurred or if the taxpayer does not know the name of the
person to whom the business was sold or transferred, that fact should be included
in the statement.
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