488
INTERNAL REVENUE CODE OF 1954
PART II—MUSICAL INSTRUMENTS Sec. 4151. Imposition of tax. Sec. 4152. Exemption for religious or educational use. SEC. 4151. IMPOSITION OF TAX.
There is hereby imposed upon the sale of musical instruments by the manufacturer, producer, or importer a tax equivalent to 10 percent of the price for which so sold. SEC. 4152. EXEMPTION FOR RELIGIOUS OR EDUCATIONAL USE. The tax imposed by section 4151 shall not apply to musical instruments sold for the use of any religious or nonprofit educational institution for exclusively religious or educational purposes. The right to exemption under this section shall be evidenced in such manner as the Secretary or his delegate may prescribe by regulations.
.tel.03 7A
§4151
�
