Regulations last checked for updates: May 02, 2025

Title 26 - Internal Revenue last revised: Feb 28, 2025
§ 50.5 - Liability for the tax.

Liability for tax attaches to any person engaged at any time during the taxable year in hydraulic mining in the area identified in paragraph (a) of § 50.2, if the debris from such mining operations is in whole or in part restrained by any of the debris dams or works constructed by the California Debris Commission.

authority: Sec. 23, 27, Stat. 510, as amended; 33 U.S.C. 683.
source: T.D. 6419, 24 FR 8546, Oct. 22, 1959, unless otherwise noted.
cite as: 26 CFR 50.5