Code Section 5703

 

Code Section	Effective Date	Name of Act	Name of Provision	10yr Revenue Estimate ($millions)
5703	2/4/2009	Children’s Health Insurance Program Reauthorization Act of 2009	Impose Immediate Tax on Unlawfully Manufactured Tobacco Products and Cigarette Papers and Tubes	negligible

 

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Impose Immediate Tax on Unlawfully Manufactured Tobacco Products and Cigarette Papers and Tubes

Explanation of Provision

Under the provision, in the case of any tobacco products or cigarette papers or tubes produced in the United States at any place other than the premises of a manufacturer that has obtained a permit (if required) and approval of a bond, the excise tax is due and payable immediately upon manufacture, unless they are produced solely for the person’s own personal consumption or use.

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