§6038E — Title 26 Internal Revenue Code | U.S. Code

§6038E Information with Respect to Assignment of Lower Rates or Refunds by Foreign Producers of Beer, Wine, and Distilled Spirits

Title 26 › Subtitle Subtitle F— Procedure and Administration › Chapter 61— INFORMATION AND RETURNS › Subchapter A— Returns and Records › Part III— INFORMATION RETURNS › Subpart A— Information Concerning Persons Subject to Special Provisions › § 6038E

Last updated Apr 6, 2026|Official source

Summary

A foreign producer of beer, wine, or distilled spirits that assigns its lower tax rates or tax credits to a U.S. importer must give the IRS the information it asks for, in the time and way the IRS requires. That includes details about the producer's controlled group structure, so the government can confirm the assignment is valid.

Title 26, §6038E

Internal Revenue Code — Source: USLM XML via OLRC

Any foreign producer that elects to make an assignment described in section 5001(c), 5041(c), or 5051(a) shall provide such information, at such time and in such manner, as the Secretary may prescribe in order to make such assignment, including information about the controlled group structure of such foreign producer.

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 116–260, div. EE, title I, § 107(d)(3), Dec. 27, 2020, 134 Stat. 3048, provided that: “The

Amendments

made by this subsection [enacting ths section] shall apply to elections to make an assignment under section 5001(c), 5041(c), or 5051(a) of the Internal Revenue Code of 1986 after December 31, 2020.”