§ 19.615. Standard effective tax rate records.
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/us/cfr/t27/s§ 19.615·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For each product to be tax determined using a standard effective tax rate in accordance with § 19.248, a proprietor must prepare a record of the standard effective tax rate computation showing, for one proof gallon of the finished product, the following information:
(a)The name of the product;
(b)The least quantity of each eligible flavor that will be used in the product, in proof gallons, or 0.025 proof gallon, whichever is less;
(c)The least quantity of each eligible wine that will be used in the product, in proof gallons;
(d)The greatest effective tax rate applicable to the product, calculated in accordance with § 19.246 with the values indicated in paragraphs
(a)and
(b)of this section; and
(e)The date on which the use of the standard effective tax rate commenced. (26 U.S.C. 5207)
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§ 19.615
Standard effective tax rate records.
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