§5551. General provisions relating to bonds — Inbound Citations
26 U.S.C. § 5551
Cited by 7 provisions in release 119-102.
Citations to 26 U.S.C. § 5551 as a whole
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(a) The provisions of section 5551 shall be applicable to the bonds required by or given under sections 5173 and 5175.
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The provisions of section 5551 (relating to bonds) shall be applicable to the bonds required under section 5354.
Citations to §5551(d)
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(1) Except as provided under section 5551(d), no person intending to establish a distilled spirits plant may commence operations at such plant unless such person has furnished bond covering operations at such plant.
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(2) Except as provided under section 5551(d), no distilled spirits (other than distilled spirits withdrawn under section 5214 or 7510) may be withdrawn from bonded premises except on payment of tax unless the proprietor of the bonded premises has furnished bond covering such withdrawal.
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(a) Any person establishing premises for the production, blending, cellar treatment, storage, bottling, packaging, or repackaging of untaxpaid wine (other than wine produced exempt from tax under section 5042), including the use of wine spirits in wine production, shall, before commencing operations, make application to the Secretary and, except as provided under section 5551(d), file bond and receive permission to operate.
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(1) The term “bonded wine cellar” means any premises described in subsection (a), including any such premises established by a taxpayer described in section 5551(d).
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(c) Subsection (b) shall not apply to any taxpayer for any period described in section 5551(d).