26Title 26The US tax code, read & explained

26 U.S.C. § 5007

§ 5007. Collection of tax on distilled spirits

164 words · amended 3 times

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

History

Added in 1958 by the Technical Amendments Act of 1958. Last changed December 8, 1994 by the Public Law 103-465.

Every change, newest first (4)
  1. December 8, 1994Public Law 103-465
  2. July 26, 1979Public Law 96-39
  3. October 4, 1976Tax Reform Act of 1976
  4. September 2, 1958Technical Amendments Act of 1958 · added this section

The law as written

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

Structure

  1. (a) Tax on distilled spirits removed from bonded premises
  2. (b) Collection of tax on imported distilled spirits
  3. (c) Cross references
(a) Tax on distilled spirits removed from bonded premises

The tax on domestic distilled spirits and on distilled spirits removed from customs custody under section 5232 shall be paid in accordance with section 5061.

(b) Collection of tax on imported distilled spirits

The internal revenue tax imposed by section 5001(a)(1) and (2) upon imported distilled spirits shall be collected by the Secretary and deposited as internal revenue collections, under such regulations as the Secretary may prescribe. Section 5688 shall be applicable to the disposition of imported spirits.

(c) Cross references
(1)

For authority of the Secretary to make determinations and assessments of internal revenue taxes and penalties, see section 6201(a).

(2)

For authority to assess tax on distilled spirits not bonded, see section 5006(c).

(3)

For provisions relating to payment of tax, under certain conditions, on distilled spirits withdrawn free of tax, denatured distilled spirits, articles, and volatile fruit-flavor concentrates, see section 5001(a)(4), (5), and (6).