27 C.F.R. § 26.45 Warehouse receipts covering distilled spirits.
Title 27 - Alcohol, Tobacco Products and Firearms
The sale of warehouse receipts for distilled spirits is equivalent to the sale of distilled spirits. Accordingly, except during the suspension period described in §26.44(b), every person bringing distilled spirits into the United States from Puerto Rico, who sells, or offers for sale, warehouse receipts for distilled spirits stored in warehouses, or elsewhere, incurs liability to special tax as a dealer in liquors at the place where such warehouse receipts are sold, or offered for sale, and must file return and pay occupational tax as provided in §26.44(a). During the suspension period, every such person must register as provided in §26.44(b). (68A Stat. 618, 620, 621; 26 U.S.C. 5111, 5112, 5121, 5122) [T.D. TTB–36, 70 FR 62246, Oct. 31, 2005]
Title 27: Alcohol, Tobacco and Firearms
PART 26—LIQUORS AND ARTICLES FROM PUERTO RICO AND THE VIRGIN ISLANDS
Subpart Cb—Products Coming Into the United States From Puerto Rico
Special (Occupational) Taxes
§ 26.45 Warehouse receipts covering distilled spirits.
