Drawback of Tax on Exported Tobacco

IRC §5706

Provides an allowance for a 'drawback' (refund) of excise taxes previously paid on tobacco products and cigarette papers/tubes when they are subsequently shipped from the United States.

Eligibility

Available to businesses exporting tobacco products from the U.S. requires compliance with specific Secretary regulations and the filing of a bond.

Frequently Asked Questions

Who is eligible for the Drawback of Tax on Exported Tobacco?

Available to businesses exporting tobacco products from the U.S. requires compliance with specific Secretary regulations and the filing of a bond.

How does the Drawback of Tax on Exported Tobacco work?

Provides an allowance for a 'drawback' (refund) of excise taxes previously paid on tobacco products and cigarette papers/tubes when they are subsequently shipped from the United States.

What law authorizes the Drawback of Tax on Exported Tobacco?

The Drawback of Tax on Exported Tobacco is authorized under IRC §5706 of the Internal Revenue Code (Title 26, United States Code).

Statutory Text — IRC §5706

Source: Internal Revenue Code, Title 26, United States Code

§ 5706. Drawback of tax There shall be an allowance of drawback of tax paid on tobacco products and cigarette papers and tubes, when shipped from the United States, in accordance with such regulations and upon the filing of such bond as the Secretary shall prescribe. (Aug. 16, 1954, ch. 736, 68A Stat. 709; Pub. L. 85–859, title II, § 202, Sept. 2, 1958, 72 Stat. 1419; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.) Editorial Notes Amendments1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”. 1958—Pub. L. 85–859 substituted “tobacco products and cigarette papers and tubes” for “articles”. Statutory Notes and Related Subsidiaries Effective Date of 1958 AmendmentAmendment by Pub. L. 85–859 effective Sept. 3, 1958, see section 210(a)(1) of Pub. L. 85–859, set out as an Effective Date note under section 5001 of this title.

Legal Sources

US Code (Official) — 26 USC §5706 → Cornell Law Institute — 26 USC §5706 → Search IRS.gov for IRC §5706 → Treasury Regulations (26 CFR) →

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