Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 5712
Application for permit
Every person, before commencing business as a manufacturer or importer of tobacco products or processed tobacco or as an export warehouse proprietor, and at such other time as the Secretary shall by regulation prescribe, shall make application for the permit provided for in section 5713. The application shall be in such form as the Secretary shall prescribe and shall set forth, truthfully and accurately, the information called for on the form. Such application may be rejected and the permit denied if the Secretary, after notice and opportunity for hearing, find that—
# (1)
the premises on which it is proposed to conduct the business are not adequate to protect the revenue;
# (2)
the activity proposed to be carried out at such premises does not meet such minimum capacity or activity requirements as the Secretary may prescribe,1 or
# (3)
such person (including, in the case of a corporation, any officer, director, or principal stockholder and, in the case of a partnership, a partner)—
(A) is, by reason of his business experience, financial standing, or trade connections or by reason of previous or current legal proceedings involving a felony violation of any other provision of Federal criminal law relating to tobacco products, processed tobacco, cigarette paper, or cigarette tubes, not likely to maintain operations in compliance with this chapter,
(B) has been convicted of a felony violation of any provision of Federal or State criminal law relating to tobacco products, processed tobacco, cigarette paper, or cigarette tubes, or
(C) has failed to disclose any material information required or made any material false statement in the application therefor.
Source: view the official text
Nearby sections (25 sections)
- 5690 · Definition of the term "person"
- 5691 · [§5691. Repealed. Pub. L. 109–59, title XI, §11125(b)(19)(A),…
- 5692 · [§5692. Repealed. Pub. L. 90–618, title II, §206(a), Oct. 22,…
- 5701 · Rate of tax
- 5702 · Definitions
- 5703 · Liability for tax and method of payment
- 5704 · Exemption from tax
- 5705 · Credit, refund, or allowance of tax
- 5706 · Drawback of tax
- 5707 · [§5707. Repealed. Pub. L. 89–44, title V, §501(g), June 21,…
- 5708 · Losses caused by disaster
- 5711 · Bond
- 5712 · Application for permit
- 5713 · Permit
- 5721 · Inventories
- 5722 · Reports
- 5723 · Packages, marks, labels, and notices
- 5731 · Imposition and rate of tax
- 5732 · Payment of tax
- 5733 · Provisions relating to liability for occupational taxes
- 5734 · Application of State laws
- 5741 · Records to be maintained
- 5751 · Purchase, receipt, possession, or sale of tobacco products and…
- 5752 · Restrictions relating to marks, labels, notices, and packages
- 5753 · Disposal of forfeited, condemned, and abandoned tobacco…