26 U.S. Code § 4901 - Payment of tax

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(a) Condition precedent to carrying on certain business
No person shall be engaged in or carry on any trade or business subject to the tax imposed by section 4411 (wagering) until he has paid the special tax therefor.
(b) Computation
All special taxes shall be imposed as of on the first day of July in each year, or on commencing any trade or business on which such tax is imposed. In the former case the tax shall be reckoned for 1 year, and in the latter case it shall be reckoned proportionately, from the first day of the month in which the liability to a special tax commenced, to and including the 30th day of June following.


(Aug. 16, 1954, ch. 736, 68A Stat. 593; Pub. L. 89–44, title IV, § 405(b),June 21, 1965, 79 Stat. 149; Pub. L. 91–513, title III, § 1102(a),Oct. 27, 1970, 84 Stat. 1292; Pub. L. 94–455, title XIX, § 1904(a)(19),Oct. 4, 1976, 90 Stat. 1814; Pub. L. 95–600, title V, § 521(c)(2),Nov. 6, 1978, 92 Stat. 2884.)

1978—Subsec. (a). Pub. L. 95–600struck out “or 4461(a)(1) (coin-operated gaming devices)” after “(wagering)”.
1976—Subsec. (c). Pub. L. 94–455struck out subsec. (c) which provided that all special taxes should be paid by stamp and made reference to subtitle F for authority of the Secretary to make assessments where special taxes have not been duly paid by stamp.
1970—Subsec. (a). Pub. L. 91–513struck out references to tax imposed by sections 4721 (narcotic drugs) and 4751 (marihuana).
1965—Subsec. (a). Pub. L. 89–44substituted “4461(a)(1)” for “4461(2)”.
Effective Date of 1978 Amendment

Amendment by Pub. L. 95–600applicable with respect to years beginning after June 30, 1980, see section 521(d)(2) ofPub. L. 95–600, set out as a note under section 4402 of this title.
Effective Date of 1976 Amendment

Amendment by Pub. L. 94–455effective on first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1904(d) ofPub. L. 94–455, set out as a note under section 4041 of this title.
Effective Date of 1970 Amendment

Amendment by Pub. L. 91–513effective on first day of seventh calendar month that begins after Oct. 26, 1970, see section 1105(a) ofPub. L. 91–513, set out as an Effective Date note under section 951 of Title 21, Food and Drugs.
Effective Date of 1965 Amendment

Amendment by Pub. L. 89–44applicable on and after July 1, 1965, see section 701(c)(2) ofPub. L. 89–44, set out in part as a note under section 4402 of this title.
Savings Provision

Prosecution for any violation of law occurring, and civil seizures or forfeitures and injunctive proceedings commenced, prior to the effective date of amendment of this section by section 1102 ofPub. L. 91–513not to be affected or abated by reason thereof, see section 1103 ofPub. L. 91–513, set out as a note under section 171 of Title 21, Food and Drugs.
Persons Engaged in Activities on December 1, 1974, Requiring Payment of Wagering Tax

Person on Dec. 1, 1974, engaging in an activity making him liable for payment of tax imposed by section 4411 of this title (as in effect on such date) to be treated as commencing such activity on such date for purposes of this section and section 4411 of this title, see section 3(d)(2) ofPub. L. 93–499, set out as a note under section 4411 of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

26 USCDescription of ChangeSession YearPublic LawStatutes at Large


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