26 U.S.C. § 6050A — Reporting requirements of certain fishing boat operators
submitted 50 years ago by Pub. L. 94-455 to r/title-26-INTERNAL-REVENUE-CODE · 232 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The operator of a boat on which one or more individuals, during a calendar year, perform services described in section 3121(b)(20) shall submit to the Secretary* (at such time, and in such manner and form, as the Secretary shall by regulations prescribe) information respecting—
the identity of each individual performing such services;
the percentage of each such individual’s share of the catches of fish or other forms of aquatic animal life, and the percentage of the operator’s share of such catches;
if such individual receives his share in kind, the type and weight of such share, together with such other information as the Secretary may prescribe by regulations reasonably necessary to determine the value of such share;
if such individual receives a share of the proceeds of such catches, the amount so received; and
any cash remuneration described in section 3121(b)(20)(A).
Every person required to make a return under subsection (a) shall furnish to each person whose name is required to be set forth in such return a written statement showing the information relating to such person required to be contained in such return. The written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) was required to be made.
Source credit: (Added Pub. L. 94–455, title XII, § 1207(e)(3)(A), Oct. 4, 1976, 90 Stat. 1707; amended Pub. L. 99–514, title XV, § 1501(c)(6), Oct. 22, 1986, 100 Stat. 2737; Pub. L. 104–188, title I, § 1116(a)(1)(C), Aug. 20, 1996, 110 Stat. 1762.)
- 1976Enacted · Pub. L. 94-455 · 90 Stat. 1707
- 1986Amended · Pub. L. 99-514 · 100 Stat. 2737
- 1996Amended · Pub. L. 104-188 · 110 Stat. 1762
A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-455 on 1976-10-04.
all 0 arguments · sorted by: best
no arguments yet — make the first case