Page:United States Statutes at Large Volume 43 Part 1.djvu/354

 SIXTY-EIGHTH CONGRESS. Sess. I. Ch. 234. 1924. 323 poses of this subdivision, be considered to be a sale of the chassis ¤°¤¤ *¤¤¤~ and of the body; (3) Tires, inner tubes, parts, or accessories for any of the articles ,hf,`,,°°,§,“"§’,§i§g,,§°Q,,§°,l‘,‘Q_' enumerated in subdivision (1) or (2), sold to any person other than a manufacturer or producer of any of the articles enumerated _ in subdivision (1) or (2), 2% per centum. This subdivision shall Ch“s”"°"“°1“°°°‘ not apply to chassis or bodies for automobile trucks, automobile wagons, or other automobiles; (4) Cameras, weighing not more than 100 pounds, and lenses C"*m°'“· for such cameras, 10 per centum; _ (5) Photographic films and plates (other than moving·picture P“°°°"'“""°‘“""· iilms and other than X—ray films or plates), 5 per centum; F. tc (6) Firearms, shells, and cartridges, except those sold for the "°°m°'° ' use of the United States, any State, Territory, or possession of the United States, any political subdivision thereof, or the District of Columbia, 10 per centum; - gmk, mm (7) Cigar or cigarette holders and pipes, composed wholly or in °” ' part of meerschaum or amber, and humidors, 10 per centum; com 0, m_ (8) Coin-operated devices, coin-operated machines, and devices ¤m¤a=,¤¢¤. and machines operated by any substitute for a coin, 5 {Ear centum; if the manufacturer, producer, or imlporter of any suc device or  m°°°` machine operates it for prolit, he sha pay a tax in respect of each such device or machine put into operation equivalent to 5 per centum of its fair market value; (9) Mah-jongg, pung chow, and similar tile sets, and the com- ¤,£‘,§?gl°"“’“° m' ponent parts thereof, 10 per centum. _ If any manufacturer, producer, or importer of any of the articles ,,€§;"‘,'§,`“,,°‘°‘{,’§‘ m,,°.§‘. enumerated in this section customarily sells such articles both at '¤<*¤¤¤·°*°· wholesale and at retail, the tax in the case of anylarticle sold by him at retail shall be computed on the price for w 'ch like articles are sold by him at wholesale. mm 0,mum The taxes  by this section shall, in the case of any article v¤1.42.pp.m,m. in respect of w `ch a corres onding tax is imposed by section 900 of the Revenue Act of 1921, be in lieu of such tax. Commmim H wk, Sec. 601. (a) If any person who manufactures, produces, or im- at me than msrm ports any article enumerated in section 600, sells or leases such ar- $,,°§,§{?‘°°d °°" ticle to a corporation aililiated with such person within the meaning V0, up m_mmd_ of section 240 of this Act, at less than the fair market price obtain- aa. ' able therefor, the tax thereon shall be computed on the basis of the price at which such article is sold or leased by such amliated cor- P°mti°¤· . sm to umn: 1¤· (b) If any such person sells or leases such article whether through mn ¤r mummany agfeement, arrangement, or understanding, or_ otherwise, at less than the fair market price obtainable therefor, either (1) in such manner as directly or indirectly to benefit such person or any person directly or indirectly interested in the business of such pprson, or (2) with intent to cause such benefit, the amount for w ich such article is sold or leased shall be taken to be the amount which would liavedbeen received frlpm the sale or lease of such article if sold or ease at the fair mar et rice. Sec. 602. There shall be levied, assessed collected, and paid, in p¤z6°¤i¤¤¢‘i1i¤°rin°Q°i»d:‘i1: lieu of the tax imposed by section 902 of the Revenue Act of 1921, °"&,,_p_,m_mm,_ upon sculpture, paintings, statuary, art porcelains, and bronzes, ea. sold by any person other than the artist, a tax equivalent to 5 per Sm m_,,,m_ ccntum of the price for which so sold. This section shallnot apply to the sale of any such article (1) to an educational or religious institution or public art museum, or (2) by any dealer in such articles to another dealer in such articles for resale.