Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 5721
Inventories
Official textgovinfo.govlast amended
Every manufacturer or importer of tobacco products, processed tobacco, or cigarette papers and tubes, and every export warehouse proprietor, shall make a true and accurate inventory at the time of commencing business, at the time of concluding business, and at such other times, in such manner and form, and to include such items, as the Secretary shall by regulation prescribe. Such inventories shall be subject to verification by any internal revenue officer.
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Nearby sections (25 sections)
- 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 Repealed.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 Repealed.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…
- 5754 · Restriction on importation of previously exported tobacco…
- 5761 · Civil penalties