ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

26 U.S.C. § 4461 — Imposition of tax

submitted 40 years ago by Pub. L. 99-662 to r/title-26-INTERNAL-REVENUE-CODE · 109 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) General rule

There is hereby imposed a tax on any port use.

(b) Amount of tax

The amount of the tax imposed by subsection (a) on any port use shall be an amount equal to 0.125 percent of the value of the commercial cargo involved.

(c) Liability and time of imposition of tax
(1) Liability

The tax imposed by subsection (a) shall be paid by—

(A)

in the case of cargo entering the United States, the importer, or

(B)

in any other case, the shipper.

(2) Time of imposition

Except as provided by regulations, the tax imposed by subsection (a) shall be imposed at the time of unloading.

Source credit: (Added Pub. L. 99–662, title XIV, § 1402(a), Nov. 17, 1986, 100 Stat. 4266; amended Pub. L. 101–508, title XI, § 11214(a), Nov. 5, 1990, 104 Stat. 1388–436; Pub. L. 109–59, title XI, § 11116(b), Aug. 10, 2005, 119 Stat. 1951.)

history & why it existsrecord from the source credit
  • 1986Enacted · Pub. L. 99-662 · 100 Stat. 4266
  • 1990Amended · Pub. L. 101-508 · 104 Stat. 1388
  • 2005Amended · Pub. L. 109-59 · 119 Stat. 1951

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-662 on 1986-11-17.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case