26 U.S.C. § 4461
Imposition of tax
# (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.
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Cited by 8
- 26 CFR § 1.1059A-1 — Limitation on taxpayer's basis or inventory cost in property imported from related persons.
- 26 CFR § 1.1361-4 — Effect of QSub election.
- 26 CFR § 301.7508A-1 — Postponement of certain tax-related deadlines by reasons of a federally declared disaster or terroristic or military action.
- 26 CFR § 301.7701-2 — Business entities; definitions.
- 26 CFR § 40.0-1 — Introduction.
- 26 CFR § 403.65 — Authority for destruction.
- 26 U.S.C. § 4462 — Definitions and special rules
- 26 U.S.C. § 9505 — Harbor Maintenance Trust Fund
Nearby sections (25 sections)
- 4402 · Exemptions
- 4403 · Record requirements
- 4404 · Territorial extent
- 4405 · Cross references
- 4411 · Imposition of tax
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- 4414 · Cross references
- 4421 · Definitions
- 4422 · Applicability of Federal and State laws
- 4423 · Inspection of books
- 4424 · Disclosure of wagering tax information
- 4461 · Imposition of tax
- 4462 · Definitions and special rules
- 4471 · Imposition of tax
- 4472 · Definitions
- 4475 · Imposition of tax
- 4481 · Imposition of tax
- 4482 · Definitions
- 4483 · Exemptions
- 4484 · Cross references
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