Treasury Regulations (26 C.F.R.)
26 CFR § 51.6302-1
Method of paying the branded prescription drug fee.
Official textecfr.govlast amended
# (a) Fee to be paid by electronic funds transfer.
Under the authority of section 6302(a), the fee imposed on branded prescription drug sales by section 9008 and § 51.5 must be paid by electronic funds transfer as defined in § 31.6302-1(h)(4)(i) of this title, as if the fee were a depository tax. For the time for paying the fee, see § 51.8.
# (b) Effective/applicability date.
This section applies on and after July 28, 2014.
[T.D. 9684, 79 FR 43645, July 28, 2014]
Source: view the official text
In this part (12 sections)
- 51.1 · Overview.
- 51.2 · Explanation of terms.
- 51.3 · Information requested from covered entities.
- 51.4 · Information provided by the agencies.
- 51.5 · Fee calculation.
- 51.6 · Notice of preliminary fee calculation.
- 51.7 · Dispute resolution process.
- 51.8 · Notification and payment of fee.
- 51.9 · Tax treatment of fee.
- 51.10 · Refund claims.
- 51.11 · Applicability date.
- 51.6302-1 · Method of paying the branded prescription drug fee.