26 U.S.C. § 5562 — Exemptions from certain requirements in cases of disaster
submitted 68 years ago by Pub. L. 85-859 to r/title-26-INTERNAL-REVENUE-CODE · 64 words · no verdicts yet
In a disaster, the Secretary may temporarily excuse distilled-spirits plant owners from most rules about distilled spirits. The exception is rules requiring payment of the tax.
If the Secretary* decides that a disaster makes it necessary or desirable, the Secretary may temporarily exempt owners of distilled-spirits* plants from any internal-revenue-law requirement about distilled spirits*, except requirements to pay the tax. The exemption may be only as broad as the Secretary considers necessary or desirable.
Whenever the Secretary* finds that it is necessary or desirable, by reason of disaster, to waive provisions of internal revenue law with regard to distilled spirits*, he may temporarily exempt proprietors of distilled spirits* plants from any provision of the internal revenue laws relating to distilled spirits, except those requiring payment of the tax thereon, to the extent he may deem necessary or desirable.
Source credit: (Added Pub. L. 85–859, title II, § 201, Sept. 2, 1958, 72 Stat. 1397; amended Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)
- 1958Enacted · Pub. L. 85-859 · 72 Stat. 1397
- 1976Amended · Pub. L. 94-455 · 90 Stat. 1834
A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-859 on 1958-09-02.
all 0 arguments · sorted by: best
no arguments yet — make the first case