Code of Federal Regulations Title 26. Internal Revenue § 26.48.4061(b)–1 Imposition of tax

(a) In general.Section 4061(b) imposes a tax on the sale by the manufacturer, producer, or importer of parts or accessories (other than tires and inner tubes and other than automobile radio and television receiving sets) for any of the articles enumerated in section 4061(a) (see paragraph (a) of § 48.4061(a)–1).

(b) Rates of tax.Tax is imposed on the sale of parts or accessories for any of the articles enumerated in section 4061(a) at the rates specified below:

The tax is computed by applying to the price for which the part or accessory is sold the rate in effect at the time of the sale. For definition of the term “price” see section 4216 and the regulations thereunder contained in Subpart M of this part.

(c) Liability for tax.The tax imposed by section 4061(b) is payable by the manufacturer, producer, or importer making the sale.