§ 4411. Imposition of tax

Statutory text

In general

There shall be imposed a special tax of $500 per year to be paid by each person who is liable for the tax imposed under section 4401 or who is engaged in receiving wagers for or on behalf of any person so liable.

Authorized persons

Subsection (a) shall be applied by substituting “$50” for “$500” in the case of—

any person whose liability for tax under section 4401 is determined only under paragraph (1) of section 4401(a), and

any person who is engaged in receiving wagers only for or on behalf of persons described in paragraph (1).

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1954
Aug. 16, 1954, ch. 736, 68A Stat. 527 · 68A Stat. 527
Enacted · 26 U.S.C. § 4411
Aug. 16, 1954, ch. 736, 68A Stat. 527
Source evidence
Code source credit
Aug. 16, 1954, ch. 736, 68A Stat. 527
1974
Pub. L. 93–499 § 3(b) · 88 Stat. 1549
Substituted · 26 U.S.C. § 4411
Pub. L. 93–499 substituted “$500” for “$50”
Source evidence
Code amendment note
Pub. L. 93–499 substituted “$500” for “$50”.
Enacted provision · exact public law section
(b) Occupational Tax.— Section 4411 of the Internal Revenue Code 26 USC 4411. of 1954 (relating to imposition of occupational taxes) is amended by striking out “$50” and inserting in lieu thereof “$500”.
1982
Pub. L. 97–362 title I § 109(b) · 96 Stat. 1726
1. Amended · 26 U.S.C. § 4411
  Pub. L. 97–362 designated existing provisions as subsec. (a), in subsec. (a), as so designated
2. Substituted · 26 U.S.C. § 4411
  Pub. L. 97–362 substituted “liable for the tax imposed” for “liable for tax”
3. Added · 26 U.S.C. § 4411
  Pub. L. 97–362 added subsec. (b)
Source evidence
Code amendment note
Pub. L. 97–362 designated existing provisions as subsec. (a), in subsec. (a), as so designated, substituted “liable for the tax imposed” for “liable for tax”, and added subsec. (b).
Enacted provision · exact public law section
(b) Occupational Tax.— Section 4411 (relating to imposition of 26 USC 4411. tax) is amended to read as follows: “SEC. 4411. IMPOSITION OF TAX. “(a) In General.— There shall be imposed a special tax of $500 per year to be paid by each person who is liable for the tax imposed under section 4401 or who is engaged in receiving wagers for or on behalf of any person so liable. “(b) Authorized Persons.— Subsection (a) shall be applied by substituting ‘50’ for ‘500’ in the case of— “(1) any person whose liability for tax under section 4401 is determined only under paragraph (1) of section 4401(a), and “(2) any person who is engaged in receiving wagers only for or on behalf of persons described in paragraph (1).”
Effective date note
Pub. L. 97–362, title I, § 109(c)(2), Oct. 25, 1982, 96 Stat. 1731, provided that: “The amendment made by subsection (b) [amending this section] shall take effect on July 1, 1983.”

4 of 5 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments1974–1982 · 2 rounds

1982

Pub. L. 97–362 designated existing provisions as subsec. (a), in subsec. (a), as so designated, substituted “liable for the tax imposed” for “liable for tax”, and added subsec. (b).

1974

Pub. L. 93–499 substituted “$500” for “$50”.

Statutory Notes and Related Subsidiaries

Effective Date of 1982 Amendment

Pub. L. 97–362, title I, § 109(c)(2), Oct. 25, 1982, 96 Stat. 1731, provided that: “The amendment made by subsection (b) [amending this section] shall take effect on July 1, 1983.”

Effective Date of 1974 Amendment

Amendment by Pub. L. 93–499 effective Dec. 1, 1974, and applicable only with respect to wagers placed on or after such date, see section 3(d)(1) of Pub. L. 93–499, set out as a note under section 4401 of this title.

Persons Engaged in Activities on December 1, 1974, Requiring Payment of Tax; Persons Paying Tax and Registering Before December 1, 1974

Pub. L. 93–499, § 3(d)(2), Oct. 29, 1974, 88 Stat. 1551, as amended by Pub. L. 99–514, § 2, Oct. 22, 1986, 100 Stat. 2095, provided that:

“(A)
Any person who, on December 1, 1974, is engaged in an activity which makes him liable for payment of the tax imposed by section 4411 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954] (as in effect on such date) shall be treated as commencing such activity on such date for purposes of such section and section 4901 of such Code.
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“(B)
Any person who, before December 1, 1974.—
“(i)
became liable for and paid the tax imposed by section 4411 of the Internal Revenue Code of 1986 (as in effect on July 1, 1974) for the year ending June 30, 1975, shall not be liable for any additional tax under such section for such year, and
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“(ii)
registered under section 4412 of such Code (as in effect on July 1, 1974) for the year ending June 30, 1975, shall not be required to reregister under such section for such year.”
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Credits

1954–1982 · 3 acts

1954Aug. 16, 1954, ch. 736, 68A Stat. 527
1974Pub. L. 93–499, § 3(b), Oct. 29, 1974, 88 Stat. 1550
1982Pub. L. 97–362, title I, § 109(b), Oct. 25, 1982, 96 Stat. 1731.

Show as published

(Aug. 16, 1954, ch. 736, 68A Stat. 527; Pub. L. 93–499, § 3(b), Oct. 29, 1974, 88 Stat. 1550; Pub. L. 97–362, title I, § 109(b), Oct. 25, 1982, 96 Stat. 1731.)