26 CFR § 50.4

26 CFR · Internal Revenue

§ 50.4 — Rates of tax.

26 CFR § 50.4

TitleTitle 26: Internal Revenue PartPart 50: Regulations Relating to the Tax Imposed with Respect to Certain Hydraulic Mining

SourceeCFR (current through Apr 13, 2026)

This text of 26 C.F.R. § 50.4 (Rates of tax.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

26 C.F.R. § 50.4 (2026).

Text

§ 50.4 Rates of tax.

(a)Determination of rate. Under the Act the California Debris Commission will determine and prescribe with respect to each debris dam or other works the rate of tax payable in the area served by the particular debris dam or works. The Secretary of the Army will notify the Secretary of the Treasury of the rate of tax fixed with respect to each debris dam or works as such rate becomes known.

(b)Measure of tax. The tax is payable annually on the basis of the number of cubic yards mined from the natural bank by the hydraulic process during the taxable year.

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§ 50.4 Rates of tax.

(a) Determination of rate. Under the Act the California Debris Commission will determine and prescribe with respect to each debris dam or other works the rate of tax payable in the area served by the particular debris dam or works. The Secretary of the Army will notify the Secretary of the Treasury of the rate of tax fixed with respect to each debris dam or works as such rate becomes known.

(b) Measure of tax. The tax is payable annually on the basis of the number of cubic yards mined from the natural bank by the hydraulic process during the taxable year.