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U.S. Code as of:
01/19/04
Section 4681. Imposition of tax
(a) General rule
There is hereby imposed a tax on -
(1) any ozone-depleting chemical sold or used by the
manufacturer, producer, or importer thereof, and
(2) any imported taxable product sold or used by the importer
thereof.
(b) Amount of tax
(1) Ozone-depleting chemicals
(A) In general
The amount of the tax imposed by subsection (a) on each pound
of ozone-depleting chemical shall be an amount equal to -
(i) the base tax amount, multiplied by
(ii) the ozone-depletion factor for such chemical.
(B) Base tax amount
The base tax amount for purposes of subparagraph (A) with
respect to any sale or use during any calendar year after 1995
shall be $5.35 increased by 45 cents for each year after 1995.
(2) Imported taxable product
(A) In general
The amount of the tax imposed by subsection (a) on any
imported taxable product shall be the amount of tax which would
have been imposed by subsection (a) on the ozone-depleting
chemicals used as materials in the manufacture or production of
such product if such ozone-depleting chemicals had been sold in
the United States on the date of the sale of such imported
taxable product.
(B) Certain rules to apply
Rules similar to the rules of paragraphs (2) and (3) of
section 4671(b) shall apply.
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