26 U.S.C. § 4903 — Liability in case of business in more than one location
submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 136 words · no verdicts yet
Paying the special tax for one business location does not cover the same person’s business at another location. The section states exceptions for storing goods and selling a producer’s own goods.
Except for the tax imposed by section 4411, paying the special tax does not exempt a person from an additional special tax for conducting business at a place other than the place listed in the internal-revenue district register. No special tax is required merely for storing goods at another place, or, unless this subtitle says otherwise, for a manufacturer or producer selling its own goods at the production or manufacturing site and at its main office or business location, if no goods other than samples are kept at that office or location.
The payment of the special tax imposed, other than the tax imposed by section 4411, shall not exempt from an additional special tax the person carrying on a trade or business* in any other place than that stated in the register kept in the office of the official in charge of the internal revenue district; but nothing herein contained shall require a special tax for the storage of goods, wares, or merchandise in other places than the place of business, nor, except as provided in this subtitle, for the sale by manufacturers or producers of their own goods, wares, and merchandise, at the place of production or manufacture, and at their principal office or place of business, provided no goods, wares, or merchandise shall be kept except as samples at said office or place of business.
Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 593.)
- 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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