TABLE OF CONTENTS CHAPTER 30.-TRANSPORTATION AND COMMUNICATION SUBCHAPTER A-TRANSPORTATION OF OIL BY PIPE LINE Sec. 3460 . Tax. Sec. 3461. Returns. Sec. 3462. Publicity of returns. SUBCHAPTER B--TELEGRAPH, TELEPHONE, RADIO, AND CABLE FACILITIES Sec. 3465 . Imposition and rate of tax. Sec. 3466 . Exemption from tax. Sec. 3467. Returns and payment. Sec. 3468 . Cross reference. SUBCHAPTER -- ADMINISTRATIVE PROVISIONS Sec. 3470. Payment of taxes. Sec. 3471. Refunds and credits. Sec. 3472. Regulations. Sec. 3473. Applicability of administrative provisions. Sec. 3474. Effective date of chapter. CHAPTER 30-TRANSPORTATION AND COMMUNICATION SUBCHAPTER A-TRANSPORTATION OF OIL BY PIPE LINE SEC. 3460. TAX . (a) COMPUTATION AND PAYMENT. -T here shall be imposed upon all transportation of crude petroleum and liquid products thereof by pipe line originating before July 1, 1939- (1) A tax equivalent to 4 per centum of the amount paid for such transportation, to be paid by the person furnishing such transportation. (2) In case no charge for transportation is made, either by reason of ownership of the commodity transported or for any other reason, a tax equivalent to 4 per centum of the fair charge for such transportation, to be paid by the person furnishing such transportation. (3) If (other than in the case of an arm's length transaction) the payment for transportation is less than the fair charge there- for, a tax equivalent to 4 per centum of such fair charge, to be paid by the person furnishing such transportation. (b) FAIR CHARGE DEFINED. -For the purposes of this section, the fair charge for transportation shall be computed- (1) from actual bona fide rates or tariffs, or (2) if no such rates or tariffs exist, then on the basis of the actual bona fide rates or tariffs of other pipe lines for like services, as determined by the Commissioner, or (3) if no such rates or tariffs exist, then on the basis of a reason- able charge for such transportation, as determined by the Commis- sioner. 421
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