[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR17.75]

[Page 322-323]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 17_DRAWBACK ON TAXPAID DISTILLED SPIRITS USED IN MANUFACTURING 
 
                      Subpart D_Special Tax Stamps
 
Sec.  17.75  Formation of partnership or corporation.

    If one or more persons who have filed a special tax return and paid 
any tax due form a partnership or corporation, as a separate legal 
entity, to take over the business of manufacturing nonbeverage products, 
the new firm or corporation shall file a new special tax return and pay 
a new special tax in order to be eligible to receive drawback. In the 
case of claims covering spirits used during the suspension period 
described

[[Page 323]]

in Sec.  17.21(b), the rate of special tax is zero.

[T.D. TTB-36, 70 FR 62242, Oct. 31, 2005]