§4461 — Imposition of tax

2 cases·2 cited

Statute Text — 26 U.S.C. §4461

(a)General rule

There is hereby imposed a tax on any port use.

(b)Amount of tax

The amount of the tax imposed by subsection (a) on any port use shall be an amount equal to 0.125 percent of the value of the commercial cargo involved.

(c)Liability and time of imposition of tax

(1)Liability

The tax imposed by subsection (a) shall be paid by—

(A)

in the case of cargo entering the United States, the importer, or

(B)

in any other case, the shipper.

(2)Time of imposition

Except as provided by regulations, the tax imposed by subsection (a) shall be imposed at the time of unloading.

2 Citing Cases

Michael A. & Angela M. Haas, Petitioner 117 T.C. No. 5 · 2001

itioners made a qualified offer does not excuse or make up for petitioners’ failure in these cases to participate in an Appeals Office conference. Petitioners refer us to respondent’s Internal Revenue Manual, 4 Audit, Internal Revenue Manual (CCH), sec. 4461.8:(2), at 14.044, and allege that because of the imminent lapse of the assessment period of limitations (on September 15, 1998, for Haas & Associates for 1994 and on September 30, 1998, for Haas and his wife for 1993), a protest and a reques

Haas & Associates Accountancy Corporation, Petitioner 117 T.C. No. 5 · 2001