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26 U.S.C. § 7510 — Exemption from tax of domestic goods purchased for the United States

submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 60 words · no verdicts yet

in plain englishAI-generated · not legal advice

The duty-free privilege for foreign goods bought for U.S. use is extended to qualifying domestically produced articles. The extension is subject to the Secretary’s regulations.

The privilege existing by law on December 1, 1873, or later, to buy foreign-imported supplies for U.S. use without duty is extended, under regulations the Secretary may prescribe, to all domestically produced articles subject to tax under this title.

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

The privilege existing by provision of law on December 1, 1873, or thereafter of purchasing supplies of goods imported from foreign countries for the use of the United States, duty free, shall be extended, under such regulations as the Secretary may prescribe, to all articles of domestic production which are subject to tax by the provisions of this title.

Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 900; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

history & why it existsrecord from the source credit
  • 1954Enacted · Act of Aug. 16, 1954, ch. 736
  • 1976Amended · Pub. L. 94-455 · 90 Stat. 1834

A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.

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