26 U.S.C. § 5612
§ 5612. Forfeiture of taxpaid distilled spirits remaining on bonded premises
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1958 by the Technical Amendments Act of 1958. Last changed July 26, 1979 by the Public Law 96-39.
Every change, newest first (2)
- July 26, 1979Public Law 96-39
- September 2, 1958Technical Amendments Act of 1958 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
Structure
No distilled spirits on which tax has been paid or determined shall be stored or allowed to remain on the bonded premises of any distilled spirits plant, under the penalty of forfeiture of all spirits so found.
Subsection (a) shall not apply in the case of—
distilled spirits in the process of prompt removal from bonded premises on payment or determination of the tax; or
distilled spirits returned to bonded premises in accordance with the provisions of section 5215.