Page:United States Statutes at Large Volume 68A.djvu/660

 620

INTERNAL REVENUE CODE OF 1954

required to be kept under the provisions of this section, and regulations issued pursuant thereto, shall be preserved for a period of 2 years, and during such period shall be available during business hours for inspection and the taking of abstracts therefrom by internal revenue officers. (b) EXEMPTION OF STATES.—The provisions of subsection (a) shall not apply to States and liquor stores operated by such States that maintain and make available to inspection by internal revenue officers such records as will enable such officers to readily trace all distilled spirits received and disposed of by them: Provided, That such States, and the liquor stores operated by them, shall, upon the request of the Secretary or his delegate, furnish him such transcripts, summaries and copies of their records as he shall require. (c) CROSS R E F E R E N C E S. —

(1) For provisions relating to the keeping of records by distillers as wholesalers, see section 5197(a)(2). (2) For provisions relating to the keeping of records by rectifiers as wholesalers, see section 5285(b). (3) For penalty for violation of subsection (a), see sections 5620 and 5621. SEC. 6115. MARKING AND STAMPING PACKAGES FILLED ON PREMISES OF WHOLESALE DEALERS. (a) REQUIREMENTS.—Every package of distilled spirits containing 5 wine gallons or more, filled on the premises of a wholesale liquor dealer who has paid the special tax required by law, shall be marked, branded, and stamped by such wholesale liquor dealer in such manner and under such rules and regulations as the Secretary or his delegate may prescribe. (b) P E N A L T Y. —

For penalty for failure to comply with subsection (a), see section 5631 SEC. 5116. SIGN REQUIRED ON PREMISES. (a) REQUIREMENTS.—Every wholesale liquor dealer, shall, in the manner and form prescribed by regulations issued by the Secretary or his delegate, place and keep conspicuously on the outside of the place of such business a sign, exhibiting, in plain and legible letters, the name or firm of the wholesale dealer, with the words: "wholesale liquor dealer". (b) PENALTY.—

For penalty for failure to post sign, or for posting sign without paying the special tax, see section 5681. Sec. Sec. Sec. Sec.

5121. 5122. 5123. 5124.

Subpart E—Retail Dealers Imposition and rate of tax. Definitions. Exemptions. Records.

SEC. 5121. IMPOSITION AND RATE OF TAX. (a) R E T A I L D E A L E R S I N L I Q U O R S. —

(1) GENERAL.—Except as provided in subsection (c), every retail dealer in liquors shall pay a special tax of $50 a year, (2) WHOLESALERS SELLING AT RETAIL.—A qualified wholesale

dealer in liquors may not sell distilled spirits, wines, or beer in § 5114(a)

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