PUBLIC LAW 98-369—JULY 18, 1984
98 STAT. 1017
Subpart C—Taxes on Sales of Sport Fishing Equipment, Etc. SEC. 1015. TAX ON SALE OF SPORT FISHING EQUIPMENT. (a) GENERAL RULE.—Subsection (a) of section 4161 (relating to 26 USC 4161. imposition of tax on the sale of rods, reels, etc.) is amended to read as follows: "(a) SPORT FISHING EQUIPMENT.— "(1) IMPOSITION OF TAX.—There is hereby imposed on the sale
of any article of sport fishing equipment by the manufacturer, producer, or importer a tax equal to 10 percent of the price for which so sold. "(2) 3 PERCENT RATE OF TAX FOR ELECTRIC OUTBOARD MOTORS AND SONAR DEVICES SUITABLE FOR FINDING FISH.— t "(A) IN GENERAL.—In the case of an electric outboard i motor or a sonar device suitable for finding fish, paragraph (1) shall be applied by substituting '3 percent' for '10 percent'. "(B) $30 LIMITATION ON TAX IMPOSED ON SONAR DEVICES SUITABLE FOR FINDING FISH.—The tax imposcd by paragraph -i>« < (1) on any sonar device suitable for finding fish shall not exceed $30. "(3) PARTS OR ACCESSORIES SOLD IN CONNECTION WITH TAXABLE
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SALE.—In the case of any sale by the manufacturer, producer, or importer of any article of sport fishing equipment, such article shall be treated as including any parts or accessories of such article sold on or in connection therewith or with the sale thereof."
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(b) DEFINITION OF SPORT FISHING EQUIPMENT, ETC.—Part I of
subchapter D of chapter 32 is amended by adding at the end thereof the following new section: "SEC. 4162. DEFINITIONS; TREATMENT OF CERTAIN RESALES. "(a) SPORT FISHING EQUIPMENT DEFINED.—For purposes of this part, the term 'sport fishing equipment' means— "(1) fishing rods and poles (and component parts therefor), "(2) fishing reels, "(3) fly fishing lines, and other fishing lines not over 130 pounds test, "(4) fishing spears, spear guns, and spear tips, "(5) items of terminal tackle, including— "(A) leaders, "(B) artificial lures, "(C) artificial baits, "(D) artificial flies, "(E) fishing hooks, "(F) bobbers, "(G) sinkers, "(H) snaps, "(I) drayles, and "(J) swivels, but not including natural bait or any item of terminal tackle designed for use and ordinarily used on fishing lines not described in paragraph (3), and "(6) the following items of fishing supplies and accessories— "(A) fish stringers, "(B) creels, "(C) tackle boxes,
26 USC 4162.
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