26 U.S.C. § 4181 — Imposition of tax
submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 52 words · no verdicts yet
This section imposes an excise tax on specified firearms and ammunition sold by a manufacturer, producer, or importer. Pistols and revolvers are taxed at 10 percent, and other listed firearms, shells, and cartridges at 11 percent.
There is hereby imposed upon the sale by the manufacturer, producer, or importer of the following articles a tax equivalent to the specified percent of the price for which so sold: Articles taxable at 10 percent — Pistols. Revolvers. Articles taxable at 11 percent — Firearms (other than pistols and revolvers). Shells, and cartridges.
There is hereby imposed upon the sale by the manufacturer, producer, or importer of the following articles a tax equivalent to the specified percent of the price for which so sold:
Articles taxable at 10 percent—
Pistols.
Revolvers.
Articles taxable at 11 percent—
Firearms (other than pistols and revolvers).
Shells, and cartridges.
Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 490.)
- 1954Enacted · Act of Aug. 16, 1954, ch. 736
A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.
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