26 U.S.C. § 7509 — Expenditures incurred by the United

Page 3951 TITLE 26—INTERNAL REVENUE CODE § 7512 (b) This memorandum shall be implemented con- sistent with applicable law and subject to the avail- ability of appropriations. (c) This memorandum is not intended to, and does not, create any right or benefit, substantive or proce- dural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. (d) You are authorized and directed to publish this memorandum in the Federal Register. DONALD J. TRUMP. § 7509. Expenditures incurred by the United States Postal Service The Postmaster General or his delegate shall at least once a month transfer to the Treasury of the United States a statement of the addi- tional expenditures in the District of Columbia and elsewhere incurred by the United States Postal Service in performing the duties, if any, imposed upon such Service with respect to chap- ter 21, relating to the tax under the Federal In- surance Contributions Act, and the Secretary shall be authorized and directed to advance from time to time to the credit of the United States Postal Service, from appropriations made for the collection of the taxes imposed by chapter 21, such sums as may be required for such addi- tional expenditures incurred by the United States Postal Service. (Aug. 16, 1954, ch. 736, 68A Stat. 899; Pub. L. 94–455, title XIX, § 1906(a)(52), (b)(13)(A), Oct. 4, 1976, 90 Stat. 1832, 1834.) Editorial Notes REFERENCES IN TEXT The Federal Insurance Contributions Act, referred to in text, is act Aug. 16, 1954, ch. 736, §§ 3101, 3102, 3111, 3112, 3121 to 3128, 68A Stat. 415, which is classified gen- erally to chapter 21 (§ 3101 et seq.) of this title. For complete classification of this Act to the Code, see sec- tion 3128 of this title and Tables. AMENDMENTS 1976—Pub. L. 94–455 substituted ‘‘United States Postal Service’’ for ‘‘Post Office Department’’ in section catchline and wherever appearing in text, ‘‘such Serv- ice’’ for ‘‘such Department’’, and struck out ‘‘, together with the receipts required to be deposited under section 6803(a),’’ after ‘‘Treasury of the United States’’ and ‘‘or his delegate’’ after ‘‘Secretary’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1976 AMENDMENT Amendment by Pub. L. 94–455 effective first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1906(d)(1) of Pub. L. 94–455, set out as a note under section 6013 of this title. § 7510. Exemption from tax of domestic goods purchased for the United States The privilege existing by provision of law on December 1, 1873, or thereafter of purchasing supplies of goods imported from foreign coun- tries for the use of the United States, duty free, shall be extended, under such regulations as the Secretary may prescribe, to all articles of do- mestic production which are subject to tax by the provisions of this title. (Aug. 16, 1954, ch. 736, 68A Stat. 900; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.) Editorial Notes AMENDMENTS 1976—Pub. L. 94–455 struck out ‘‘or his delegate’’ after ‘‘Secretary’’ wherever appearing. [§ 7511. Repealed. Pub. L. 87–456, title III, § 302(d), May 24, 1962, 76 Stat. 77] Section, act Aug. 16, 1954, ch. 736, 68A Stat. 900, re- lated to exemption of consular officers and employees of foreign states from payment of internal revenue taxes on imported articles. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Repeal effective with respect to articles entered, or withdrawn from warehouse, for consumption on or after Aug. 31, 1963, see section 501(a) of Pub. L. 87–456, title V, May 24, 1962, 76 Stat. 78. § 7512. Separate accounting for certain collected taxes, etc. (a) General rule Whenever any person who is required to col- lect, account for, and pay over any tax imposed by subtitle C or chapter 33— (1) at the time and in the manner prescribed by law or regulations (A) fails to collect, truthfully account for, or pay over such tax, or (B) fails to make deposits, payments, or re- turns of such tax, and (2) is notified, by notice delivered in hand to such person, of any such failure, then all the requirements of subsection (b) shall be complied with. In the case of a corporation, partnership, or trust, notice delivered in hand to an officer, partner, or trustee, shall, for purposes of this section, be deemed to be notice delivered in hand to such corporation, partnership, or trust and to all officers, partners, trustees, and employees thereof. (b) Requirements Any person who is required to collect, account for, and pay over any tax imposed by subtitle C or chapter 33, if notice has been delivered to such person in accordance with subsection (a), shall collect the taxes imposed by subtitle C or chapter 33 which become collectible after deliv- ery of such notice, shall (not later than the end of the second banking day after any amount of such taxes is collected) deposit such amount in a separate account in a bank (as defined in sec- tion 581), and shall keep the amount of such taxes in such account until payment over to the United States. Any such account shall be des- ignated as a special fund in trust for the United States, payable to the United States by such person as trustee. (c) Relief from further compliance with sub- section (b) Whenever the Secretary is satisfied, with re- spect to any notification made under subsection (a), that all requirements of law and regulations with respect to the taxes imposed by subtitle C or chapter 33, as the case may be, will hence- forth be complied with, he may cancel such noti- fication. Such cancellation shall take effect at such time as is specified in the notice of such cancellation.