Delay of IRS Revenue Ruling 2006-57 on 132 Transportation Debit Cards

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The purpose of this notice is to delay the effective date of Revenue Ruling 2006-57, 2006-47 I.R.B. 911. Revenue Ruling 2006-57 provides guidance to employers on the use of smartcards, debit or credit cards, or other electronic media to provide qualified transportation fringes under Internal Revenue Code §§ 132(a)(5) and 132(f).

Bulletins 2006-40
 for more information.

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