Condition precedent to carrying on certain business
No person shall be engaged in or carry on any trade or business subject to the tax imposed by section 4411 (wagering) until he has paid the special tax therefor.
Computation
All special taxes shall be imposed as of on the first day of July in each year, or on commencing any trade or business on which such tax is imposed. In the former case the tax shall be reckoned for 1 year, and in the latter case it shall be reckoned proportionately, from the first day of the month in which the liability to a special tax commenced, to and including the 30th day of June following.
Aug. 16, 1954, ch. 73668A Stat. 593Pub. L. 89–44, title IV, § 405(b)79 Stat. 149Pub. L. 91–513, title III, § 1102(a)84 Stat. 1292Pub. L. 94–455, title XIX, § 1904(a)(19)90 Stat. 1814Pub. L. 95–600, title V, § 521(c)(2)92 Stat. 2884(, ; , , ; , , ; , , ; , , .)
Editorial Notes
Amendments
Pub. L. 95–6001978—Subsec. (a). struck out “or 4461(a)(1) (coin-operated gaming devices)” after “(wagering)”.
Pub. L. 94–4551976—Subsec. (c). struck out subsec. (c) which provided that all special taxes should be paid by stamp and made reference to subtitle F for authority of the Secretary to make assessments where special taxes have not been duly paid by stamp.
Pub. L. 91–5131970—Subsec. (a). struck out references to tax imposed by sections 4721 (narcotic drugs) and 4751 (marihuana).
Pub. L. 89–441965—Subsec. (a). substituted “4461(a)(1)” for “4461(2)”.
Statutory Notes and Related Subsidiaries
Effective Date of 1978 Amendment
Pub. L. 95–600section 521(d)(2) of Pub. L. 95–600section 4402 of this titleAmendment by applicable with respect to years beginning after , see , set out as a note under .
Effective Date of 1976 Amendment
Pub. L. 94–455section 1904(d) of Pub. L. 94–455section 4041 of this titleAmendment by effective on first day of first month which begins more than 90 days after , see , set out as a note under .
Effective Date of 1970 Amendment
Pub. L. 91–513section 1105(a) of Pub. L. 91–513section 951 of Title 21Amendment by effective on first day of seventh calendar month that begins after , see , set out as an Effective Date note under , Food and Drugs.
Effective Date of 1965 Amendment
Pub. L. 89–44section 701(c)(2) of Pub. L. 89–44section 4402 of this titleAmendment by applicable on and after , see , set out in part as a note under .
Savings Provision
section 1102 of Pub. L. 91–513section 1103 of Pub. L. 91–513section 171 of Title 21Prosecution for any violation of law occurring, and civil seizures or forfeitures and injunctive proceedings commenced, prior to the effective date of amendment of this section by not to be affected or abated by reason thereof, see , set out as a note under , Food and Drugs.
Persons Engaged in Activities on , Requiring Payment of Wagering Tax
section 4411 of this titlesection 4411 of this titlesection 3(d)(2) of Pub. L. 93–499section 4411 of this titlePerson on , engaging in an activity making him liable for payment of tax imposed by (as in effect on such date) to be treated as commencing such activity on such date for purposes of this section and , see , set out as a note under .