Source: http://www.law.cornell.edu/uscode/text/26/4051?quicktabs_8=3
Timestamp: 2013-05-19 21:59:24
Document Index: 369372391

Matched Legal Cases: ['§ 4051', '§ 4051', '§ 4051', '§ 512', '§ 734', '§ 921', '§ 1877', '§ 502', '§ 11211', '§ 8002', '§ 1401', '§ 9002', '§ 11101', '§ 1904', '§ 11112', '§ 11101', '§ 1401', '§ 1432', '§ 1432', '§ 1401', '§ 1899', '§ 1877', '§ 734', '§ 921', '§ 11112', '§ 731', '§ 40512012112', '§ 40512012112', '§ 40512012112']

26 USC § 4051 - Imposition of tax on heavy trucks and trailers sold at retail | Title 26 - Internal Revenue Code | U.S. Code | LII / Legal Information Institute
USC › Title 26 › Subtitle D › Chapter 31 › Subchapter C › § 4051	prevnext
26 USC § 4051 - Imposition of tax on heavy trucks and trailers sold at retail
Imposition of tax (1)
In general There is hereby imposed on the first retail sale of the following articles (including in each case parts or accessories sold on or in connection therewith or with the sale thereof) a tax of 12 percent of the amount for which the article is so sold:
Truck trailer and semitrailer chassis.
Truck trailer and semitrailer bodies.
Exclusion for trucks weighing 33,000 pounds or less The tax imposed by paragraph (1) shall not apply to automobile truck chassis and automobile truck bodies, suitable for use with a vehicle which has a gross vehicle weight of 33,000 pounds or less (as determined under regulations prescribed by the Secretary).
Exclusion for trailers weighing 26,000 pounds or less The tax imposed by paragraph (1) shall not apply to truck trailer and semitrailer chassis and bodies, suitable for use with a trailer or semitrailer which has a gross vehicle weight of 26,000 pounds or less (as determined under regulations prescribed by the Secretary.
Exclusion for tractors weighing 19,500 pounds or less The tax imposed by paragraph (1) shall not apply to tractors of the kind chiefly used for highway transportation in combination with a trailer or semitrailer if—
such tractor has a gross vehicle weight of 19,500 pounds or less (as determined by the Secretary), and
such tractor, in combination with a trailer or semitrailer, has a gross combined weight of 33,000 pounds or less (as determined by the Secretary).
Sale of trucks, etc., treated as sale of chassis and body For purposes of this subsection, a sale of an automobile truck or truck trailer or semitrailer shall be considered to be a sale of a chassis and of a body described in paragraph (1).
Separate purchase of truck or trailer and parts and accessories therefor Under regulations prescribed by the Secretary—
the owner, lessee, or operator of any vehicle which contains an article taxable under subsection (a) installs (or causes to be installed) any part or accessory on such vehicle, and
such installation is not later than the date 6 months after the date such vehicle (as it contains such article) was first placed in service,
then there is hereby imposed on such installation a tax equal to 12 percent of the price of such part or accessory and its installation.
the part or accessory installed is a replacement part or accessory, or
the aggregate price of the parts and accessories (and their installation) described in paragraph (1) with respect to any vehicle does not exceed $1,000 (or such other amount or amounts as the Secretary may by regulations prescribe).
Installers secondarily liable for tax The owners of the trade or business installing the parts or accessories shall be secondarily liable for the tax imposed by paragraph (1).
Termination On and after October 1, 2016, the taxes imposed by this section shall not apply.
Credit against tax for tire tax If—
tires are sold on or in connection with the sale of any article, and
tax is imposed by this subchapter on the sale of such tires,
there shall be allowed as a credit against the tax imposed by this subchapter an amount equal to the tax (if any) imposed by section 4071 on such tires.
Termination On and after October 1, 2011, the taxes imposed by this section shall not apply.
(Added Pub. L. 97–424, title V, § 512(b)(1),Jan. 6, 1983, 96 Stat. 2174; amended Pub. L. 98–369, div. A, title VII, § 734(g), title IX, § 921,July 18, 1984, 98 Stat. 980, 1009; Pub. L. 99–514, title XVIII, §§ 1877(c), 1899A(47),Oct. 22, 1986, 100 Stat. 2902, 2961; Pub. L. 100–17, title V, § 502(a)(2),Apr. 2, 1987, 101 Stat. 256; Pub. L. 101–508, title XI, § 11211(c)(1),Nov. 5, 1990, 104 Stat. 1388–426; Pub. L. 102–240, title VIII, § 8002(a)(1),Dec. 18, 1991, 105 Stat. 2203; Pub. L. 105–34, title XIV, §§ 1401(a), 1402
(a), 1432(a),Aug. 5, 1997, 111 Stat. 1045, 1046, 1050; Pub. L. 105–178, title IX, § 9002(a)(1)(D),June 9, 1998, 112 Stat. 499; Pub. L. 109–59, title XI, §§ 11101(a)(1)(D), 11112(a),Aug. 10, 2005, 119 Stat. 1943, 1946.)
A prior section 4051, act Aug. 16, 1954, ch. 736, 68A Stat. 479, defined the price for which articles were sold for purposes of determining retailers excise taxes, prior to repeal by Pub. L. 94–455, title XIX, § 1904(a)(1)(D),Oct. 4, 1976, 90 Stat. 1811.
2005—Subsec. (a)(4), (5). Pub. L. 109–59, § 11112(a), added par. (4) and redesignated former par. (4) as (5).
Subsec. (c). Pub. L. 109–59, § 11101(a)(1)(D), substituted “2011” for “2005”.
1998—Subsec. (c). Pub. L. 105–178substituted “2005” for “1999”.
1997—Subsec. (b)(2)(B). Pub. L. 105–34, § 1401(a), substituted “$1,000” for “$200”.
Subsec. (d). Pub. L. 105–34, § 1432(a), redesignatedsubsec. (e) as (d) and struck out former subsec. (d) which provided for a temporary reduction in tax on certain piggyback trailers.
Subsec. (e). Pub. L. 105–34, § 1432(a), redesignatedsubsec. (e) as (d).
Pub. L. 105–34, § 1401(a), amended heading and text of subsec. (e) generally. Prior to amendment, text read as follows: “In the case of any article taxable under subsection (a) on which tax was imposed under section 4061
(a),subsection (a) shall be applied by substituting ‘2 percent’ for ‘12 percent’.”
1991—Subsec. (c). Pub. L. 102–240substituted “1999” for “1995”.
1990—Subsec. (c). Pub. L. 101–508substituted “1995” for “1993”.
1987—Subsec. (c). Pub. L. 100–17substituted “1993” for “1988”.
1986—Subsec. (d)(1). Pub. L. 99–514, § 1899A(47), substituted “July 18, 1984” for “the date of the enactment of the Tax Reform Act of 1984”.
Subsec. (d)(3). Pub. L. 99–514, § 1877(c), inserted at end “No tax shall be imposed by reason of this paragraph on any use or resale which occurs more than 6 years after the date of the first retail sale.”
1984—Subsec. (b)(3). Pub. L. 98–369, § 734(g), substituted “The owners of the trade or business installing the parts or accessories shall be secondarily liable for the tax imposed by paragraph (1)” for “In addition to the owner, lessee, or operator of the vehicle, the owner of the trade or business installing the part or accessory shall be liable for the tax imposed by paragraph (1)”.
Subsecs. (d), (e). Pub. L. 98–369, § 921, added subsec. (d) and redesignated former subsec. (d) as (e).
Pub. L. 109–59, title XI, § 11112(b),Aug. 10, 2005, 119 Stat. 1946, provided that: “The amendments made by this section [amending this section] shall apply to sales after September 30, 2005.”
Amendment by section 1401(a) ofPub. L. 105–34applicable to installations on vehicles sold after Aug. 5, 1997, see section 1401(b) ofPub. L. 105–34, set out as a note under section 4003 of this title.
Section 1402(c) ofPub. L. 105–34provided that: “The amendments made by this section [amending this section and section 4052 of this title] shall take effect on January 1, 1998.”
Amendment by section 1877(c) ofPub. L. 99–514effective, except as otherwise provided, as if included in the provisions of the Tax Reform Act of 1984, Pub. L. 98–369, div. A, to which such amendment relates, see section 1881 ofPub. L. 99–514, set out as a note under section 48 of this title.
Section 736 of subtitle C (§§ 731–736) of title VII of div. A of Pub. L. 98–369provided that: “Except as otherwise provided in this subtitle, any amendment made by this subtitle [amending this section and sections 48, 1366, 4052, 4053, 4071 to 4073, 4081, 4082, 4216, 4218, 4221 to 4223, 4227, 4481, 6401, 6412, 6416, 6427, 6511, and 9502 of this title, repealing sections 4061 to 4063 of this title, and amending provisions set out as notes under sections 4061 and 4081 of this title] shall take effect as if included in the provisions of the Highway Revenue Act of 1982 [Pub. L. 97–424] to which such amendment relates.”
Section 512(b)(3) ofPub. L. 97–424provided that: “The amendments made by this subsection [enacting this subchapter and amending section 6416 of this title] shall take effect on April 1, 1983.”
26 USCDescription of ChangeSession YearPublic LawStatutes at Large § 40512012112-141 [Sec.] 40102(a)(2)(B)126 Stat. 844 § 40512012112-140 [Sec.] 402(a)(2)(B)126 Stat. 402 § 40512012112-102 [Sec.] 402(a)(2)(B)126 Stat. 282 This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.26 CFR - Title 26—Internal Revenue26 CFR 48 - 26 CFR 145 - TEMPORARY EXCISE TAX REGULATIONS UNDER THE HIGHWAY REVENUE ACT OF 1982 (PUB. L. 97-424)