26Title 26The US tax code, read & explained

26 U.S.C. § 4071

§ 4071. Imposition of tax

286 words · amended 25 times · cited by 7 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Last changed November 15, 2021 by the Public Law 117-58.

Every change, newest first (27)
  1. November 15, 2021Public Law 117-58
  2. December 4, 2015Public Law 114-94
  3. July 6, 2012Public Law 112-141
  4. June 29, 2012Public Law 112-140
  5. March 30, 2012Public Law 112-102
  6. September 16, 2011Public Law 112-30
  7. August 10, 2005Public Law 109-59
  8. October 22, 2004American Jobs Creation Act of 2004
  9. June 9, 1998Public Law 105-178
  10. December 18, 1991Public Law 102-240
  11. November 5, 1990Omnibus Budget Reconciliation Act of 1990
  12. April 2, 1987Public Law 100-17
  13. July 18, 1984Deficit Reduction Act of 1984
  14. January 6, 1983Public Law 97-424
  15. December 24, 1980Public Law 96-598
  16. December 24, 1980Public Law 96-596
  17. April 1, 1980Public Law 96-222
  18. November 6, 1978Public Law 95-599
  19. October 4, 1976Tax Reform Act of 1976
  20. May 5, 1976Public Law 94-280
  21. December 10, 1971Public Law 92-178
  22. December 31, 1970Public Law 91-605
  23. August 1, 1966Public Law 89-523
  24. June 29, 1961Public Law 87-61
  25. April 22, 1960Public Law 86-440
  26. June 29, 1956Internal Revenue Code of 1954 (original text)
  27. August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Structure

  1. (a) Imposition and rate of tax
  2. (b) Special rule for manufacturers who sell at retail
  3. (c) Tires on imported articles
  4. (d) Termination
(a) Imposition and rate of tax

There is hereby imposed on taxable tires sold by the manufacturer, producer, or importer thereof a tax at the rate of 9.45 cents (4.725 cents in the case of a biasply tire or super single tire) for each 10 pounds so much of the maximum rated load capacity thereof as exceeds 3,500 pounds.

(b) Special rule for manufacturers who sell at retail

Under regulations prescribed by the Secretary, if the manufacturer, producer, or importer of any tire delivers such tire to a retail store or retail outlet of such manufacturer, producer, or importer, he shall be liable for tax under subsection (a) in respect of such tire in the same manner as if it had been sold at the time it was delivered to such retail store or outlet. This subsection shall not apply to an article in respect to which tax has been imposed by subsection (a). Subsection (a) shall not apply to an article in respect of which tax has been imposed by this subsection.

(c) Tires on imported articles

For the purposes of subsection (a), if an article imported into the United States is equipped with tires—

(1)

the importer of the article shall be treated as the importer of the tires with which such article is equipped, and

(2)

the sale of the article by the importer thereof shall be treated as the sale of the tires with which such article is equipped.

This subsection shall not apply with respect to the sale of an automobile bus chassis or an automobile bus body.

(d) Termination

On and after October 1, 2028, the taxes imposed by subsection (a) shall not apply.