Regulations 46 Relating to Excise Taxes on Sales by the Manufacturer Under Sections 602 to 611, Inclusive, 613, and 614 of the Revenue Act of 1932 |
Common terms and phrases
ally granted amount of tax apply articles enumerated articles sold automobile chassis cameras candy candy candy cent centum chassis and bodies chassis or bodies chewing gum collected collector Commissioner covering or container credit or refund dealer export facturer fair market price firearms further manufacture hereby imposed household type refrigerators imitations thereof includes inner tubes Internal Revenue jewelry Jobbers June 21 liable for tax lorgnettes manu manufacturer or producer metals or imitations monthly return motor cycles oath outlined in articles Panama Canal Zone payment penalty person phonograph set price as outlined provisions radio and phonograph radio receiving set Rate of tax.-The refrigerator components regulations prescribed REVENUE ACT Revised Statutes sale price Secretary SECTION 606 similar articles subject to tax tax attaches tax due tax equivalent tax imposed tax is payable tax paid tax.-The tax taxable articles term tires and inner tires or inner Toy cameras Tutuila vendee vendor
Popular passages
Page 42 - ... the Commissioner of Internal Revenue or the collector in pursuance of law, the Commissioner of Internal Revenue shall add to the tax 25 per centum of its amount, except that when a return is filed after such time and it is shown that the failure to file it was due to a reasonable cause and not to willful neglect, no such addition shall be made to the tax.
Page 13 - ... of the above which are used or applied or intended to be used or applied for toilet purposes...
Page xiv - If the tax is not paid when due, there shall be added as part of the tax interest at the rate of 1 per centum a month from the time when the tax became due until paid.
Page 38 - Commissioner finds that a taxpayer designs quickly to depart from the United States or to remove his property therefrom, or to conceal himself or his property therein, or to do any other act tending to prejudice or to render wholly or partly ineffectual proceedings to collect the tax for the taxable year then last past or the taxable year then current unless such proceedings be brought without delay...
Page 17 - There is hereby imposed upon the following articles, sold by the manufacturer, producer, or importer, a tax equivalent to 10 per centum of the price for which so sold...
Page 42 - AGREEMENTS. (a) AUTHORIZATION. — The Commissioner (or any officer or employee of the Bureau of Internal Revenue, including the field service, authorized in writing by the Commissioner) is authorized to enter into an agreement in writing with any person relating to the liability of such person (or of the person or estate for whom he acts) in respect of any internal revenue tax for any taxable period.
Page 1 - United States" when used in a geographical sense includes only the States, the Territories of Alaska and Hawaii, and the District of Columbia. (11) The term "Secretary" means the Secretary of the Treasury. (12) The term "Commissioner" means the Commissioner of Internal Revenue.
Page 2 - includes" and "including" when used in a definition contained in this Act shall not be deemed to exclude other things otherwise within the meaning of the term defined.
Page 44 - person" as used in this section includes an officer or employee of a corporation or a member or employee of a partnership, who as such officer, employee, or member is under a duty to perform the act in respect of which the violation occurs.
Page xiv - RETURNS. (a) By taxpayer. Every person liable to any tax Imposed by this chapter or for the collection thereof, shall keep such records, render under oath such statements, make such returns, and comply with such rules and regulations, as the Commissioner, with the approval of the Secretary, may from time to time prescribe.