Federal excise tax subsidy
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “Federal excise tax subsidy” means any subsidy—
(i) of a kind different from, or
(ii) in an amount per value or volume of production greater than,
Source
- 2013–present26 U.S.C. § 7652Internal Revenue Code · Shipments to the United States · in this section
For purposes of this paragraph, the term "Federal excise tax subsidy" means any subsidy—
(i) of a kind different from, or
(ii) in an amount per value or volume of production greater than,
the subsidy which Puerto Rico or the Virgin Islands offers generally to industries producing articles not subject to Federal excise taxes.
Source
- 1994–202326 U.S.C. § 7652Internal Revenue Code · Shipments to the United States · in this section