Source: http://www4.law.cornell.edu/uscode/text/26/4218?quicktabs_8=0
Timestamp: 2013-12-11 09:02:12
Document Index: 431213089

Matched Legal Cases: ['§ 4218', '§ 4218', '§ 4218', '§ 1', '§ 118', '§ 2', '§ 205', '§ 208', '§ 1906', '§ 2', '§ 735', '§ 735', '§ 735', '§ 735', '§ 735', '§ 735', '§ 208', '§ 208', '§ 2', '§ 2', '§ 2', '§ 1', '§ 1']

26 USC § 4218 - Use by manufacturer or importer considered sale | Title 26 - Internal Revenue Code | U.S. Code | LII / Legal Information Institute
USC › Title 26 › Subtitle D › Chapter 32 › Subchapter F › § 4218 › prevnext
26 USC § 4218 - Use by manufacturer or importer considered sale
If any person manufactures, produces, or imports an article (other than a tire taxable under section 4071) and uses it (otherwise than as material in the manufacture or production of, or as a component part of, another article taxable under this chapter to be manufactured or produced by him), then he shall be liable for tax under this chapter in the same manner as if such article were sold by him. This subsection shall not apply in the case of gasoline used by any person, for nonfuel purposes, as a material in the manufacture or production of another article to be manufactured or produced by him. For the purpose of applying the first sentence of this subsection to coal taxable under section 4121, the words “(otherwise than as material in the manufacture or production of, or as a component part of, another article taxable under this chapter to be manufactured or produced by him)” shall be disregarded.
Except as provided in section 4223
(b), in any case in which a person is made liable for tax by the preceding provisions of this section, the tax (if based on the price for which the article is sold) shall be computed on the price at which such or similar articles are sold, in the ordinary course of trade, by manufacturers, producers, or importers, thereof, as determined by the Secretary.
(Aug. 16, 1954, ch. 736, 68A Stat. 494; Aug. 11, 1955, ch. 805, § 1(a), (b),69 Stat. 689; Pub. L. 85–859, title I, § 118,Sept. 2, 1958, 72 Stat. 1281; Pub. L. 86–418, § 2(a),Apr. 8, 1960, 74 Stat. 38; Pub. L. 87–61, title II, § 205(b),June 29, 1961, 75 Stat. 126; Pub. L. 89–44, title II, § 208(c),June 21, 1965, 79 Stat. 141; Pub. L. 94–455, title XIX, § 1906(b)(13)(A),Oct. 4, 1976, 90 Stat. 1834; Pub. L. 95–227, § 2(b)(1),Feb. 10, 1978, 92 Stat. 11; Pub. L. 98–369, div. A, title VII, § 735(c)(7),July 18, 1984, 98 Stat. 983.)
1984—Subsec. (a). Pub. L. 98–369, § 735(c)(7)(D), substituted “(other than a tire taxable under section 4071)” for “(other than an article specified in subsection (b), (c), or (d))”.
Subsec. (b). Pub. L. 98–369, § 735(c)(7)(A), (B), struck out “and tubes” after “Tires” in heading, and in text substituted “If” for “Except as provided in subsection (d), if”, and struck out “or inner tube” before “taxable under section 4071”.
Subsec. (c). Pub. L. 98–369, § 735(c)(7)(C), redesignatedsubsec. (e) as (c). Former subsec. (c), which related to automotive parts and accessories, was struck out.
Subsec. (d). Pub. L. 98–369, § 735(c)(7)(C), struck out subsec. (d) which related to bicycle tires and tubes.
Subsec. (e). Pub. L. 98–369, § 735(c)(7)(C), redesignatedsubsec. (e) as (c).
1978—Subsec. (a). Pub. L. 95–227inserted provisions relating to applying first sentence of this subsection to coal taxable under section 4121 of this title.
1965—Subsec. (b). Pub. L. 89–44, § 208(c)(1), (2), struck out references to automobile receiving sets from heading, and “or an automobile radio or television receiving set taxable under section 4141,” before “and sells it”.
Subsec. (c). Pub. L. 89–44, § 208(c)(3), (4), struck out reference to radio components and camera lenses from heading, and “a radio or television component taxable under section 4141, or a camera lens taxable under section 4171,” before “and uses it”.
1961—Subsec. (a). Pub. L. 87–61inserted sentence making subsection inapplicable in the case of gasoline used by any person, for nonfuel purposes, as a material in the manufacture or production of another article to be manufactured or produced by him.
1960—Subsec. (a). Pub. L. 86–418, § 2(a)(1), substituted “subsection (b), (c), or (d)” for “subsection (b) or (c)”.
Subsec. (b). Pub. L. 86–418, § 2(a)(2), substituted “Except as provided in subsection (d), if any” for “If any.”
Subsecs. (d), (e). Pub. L. 86–418, § 2(a)(3), added subsec. (d) and redesignated former subsec. (d) as (e).
1958—Pub. L. 85–859amended section generally, striking out provisions which related to refrigerator components and to sales free of tax by virtue of section 4220 or 4224 of this title, and substituting provisions making manufacturers, producers and importers of parts or accessories taxable under section 4061
(b), radio or television components taxable under section 4141, or camera lenses taxable under section 4171 liable for the tax if they use the parts or accessories otherwise than as material in the manufacture or production of, or as component parts of, any other article to be manufactured or produced by them, for provisions which made section inapplicable with respect to such parts if they were used by them as material in the manufacture or production of, or as a component part of, any article.
1955—Subsec. (a)(1). Act Aug. 11, 1955, § 1(a), inserted as tax exempt articles under this chapter, automobile parts or accessories, refrigerator, radio, or television components, or camera lenses taxable under section 4061
(b), 4111, or 4171, respectively, of this title.
Subsec. (b). Act Aug. 11, 1955, § 1(b), excepted from application of section automobile parts or accessories, refrigerator, radio, or television components, and camera lenses, taxable under sections 4061
(b), 4111, 4141, and 4171, respectively, of this title, when for use by the purchaser in the manufacture or production of, or as a component part of, any article.
Amendment by Pub. L. 89–44applicable with respect to articles sold on or after June 22, 1965, except insofar as such amendments related to the taxes imposed by sections 4061
Amendment by Pub. L. 87–61applicable only in the case of gasoline used on or after October 1, 1961, see section 208 ofPub. L. 87–61, set out as a note under section 4041 of this title.
Amendment by Pub. L. 85–859effective on first day of first calendar quarter which begins more than 60 days after Sept. 2, 1958, see section 1 (c) ofPub. L. 85–859.