Page:United States Statutes at Large Volume 48 Part 1.djvu/341

 73d C ONGRESS. SESS. II. CH.1. JANUARY 11, 1934 . and for other purposes approved March 22, 1933, is hereby re pealed. (c) Paragraph " First " of sect ion 32 44 of the Re vised Statut es, as amended, is amended to read as follows " First . Brewers shall pay $100 in respect of each brewery : Pro- vided, That any brewer of less than 500 barrels a year shall pay the sum of $50 . Every person who manufactures fermented liquors of any name or description for sale, from malt, wholly or in part, or from any substitute therefor, shall be deemed a brewer ." SEC. 10. (a) Upon all distilled spirits produced in or imported into the United States upon which the internal-revenue tax imposed by law has been paid, and which, on the day this title takes effect, are held by any person and intended for sale or for use in the manu- facture or production of any article intended for sale, there shall be levied, assessed, collected, and paid a floor tax equal to the amount if any, by which the tax provided for under this title exceeds the tax so paid, not including in the computation of the tax so paid the 30 cent tax imposed by section 605 of the Revenue Act of 1918. (b) Upon all articles specified in section 6 or 7 of this title pro- duced in or imported into the United States upon which the internal- revenue tax imposed by law has been paid, and which, on the day this title takes effect, are held by any person and intended for sale or for use in the manufacture or production of any article intended for sale, there shall be levied, assessed, collected, and paid a floor tax equal to the amount, if any, by which the tax provided for under such sections of this t itle exce eds the t ax so pai d, not in cluding i n the com putation of the tax so paid the 30 cent tax imposed by section 605 of the Revenue Act of 1918. (c) Upon all wines held by the producer thereof upon the day this title takes effect and intended for sale or for use in the manufacture or production of any article intended for sale, there shall be levied . assessed, collected, and paid a floor tax equal to the amount, if any, by which the tax p rovided f or under section 8 of this title exc eeds the tax paid upon the grape brandy or wine spirits used in the fortifi- cation of such wine. (d) The person required by this section to pay any floor tax shall, within thirty days after the effective date of this title, make return under oath in such form and under such regulations as the Commis- sioner of Internal Revenue, with the approval of the Secretary of the Treasury, shall prescribe. Payment of the tax shown to be due may be extended to a date not exceeding seven months after the effective date of this title, upon the filing of a bond for payment in such form and amount and with such sureties as the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, may prescribe. All provisions of law (including penalties) applicable in respect of internal-revenue taxes on distilled spirits or wines shall, in so far as applicable and not inconsistent with this section, be applicable in respect of the taxes imposed by this section. (e) As used in this section and in Title II, the term "person" includes an individual, a partnership an association, and a corpora- tion ; and the term "distilled spirits' ; includes products produced in such manner that the person producing them is a rectifier within the meaning of section 3244 of the Revised Statutes, as amended . SEC . 11. As used in this Act, the term "internal-revenue taxes " does not include taxes imposed under the Agricultural Adjustment Act . Ante, p . 1r, 315 Occupational ta, amendment . R.S ., sec . 3214, p. 62Z- U.S.C., p . 710. Brewers' tax Ante, p. If; Proviso . "B rewe r," d efin ed Fl oor taxes . Distilled spirits. Wines, etc . Ante, p . 1t. Gra pe brandy for for- tifying wines . Assessment and col- lection provisions . Terms defined . Person" ; "distilled spirits ." Rectifier. R.8., sec. 3244, p. 622 . Taxes under Agricul- t ural Adju stmen t Ac t, not included herein.