26 U.S.C. § 4904 — Liability in case of different businesses of same ownership and location

submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 48 words · no verdicts yet

in plain englishAI-generated · not legal advice

When one person conducts multiple listed businesses at the same place and time, the person must pay the separate tax for each business. This rule applies unless this subtitle provides otherwise.

If one person carries on more than one pursuit or occupation described in this subtitle at the same place and time, the person must pay the tax for each one at its separately prescribed rate, unless this subtitle provides otherwise.

the actual law source: uscode.house.gov ↗public domain

Whenever more than one of the pursuits or occupations described in this subtitle are carried on in the same place by the same person at the same time, except as otherwise provided in this subtitle, the tax shall be paid for each according to the rates severally prescribed.

Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 594.)

history & why it existsrecord from the source credit

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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