26 U.S.C. § 4162: Definitions; treatment of certain resales

fishing rods and poles (and component parts therefor), fishing reels, fly fishing lines, and other fishing lines not over 130 pounds test, fishing spears, spear guns, and spear tips, leaders, artificial lures, artificial baits, artificial flies, fishing hooks, bobbers, sinkers, snaps, drayles, and swivels, fish stringers, creels, tackle boxes, bags, baskets, and other containers designed to hold fish, portable bait containers, fishing vests, landing nets, gaff hooks, fishing hook disgorgers, and dressing for fishing lines and artificial flies, fishing tip-ups and tilts, fishing rod belts, fishing rodholders, fishing harnesses, fish fighting chairs, fishing outriggers, and fishing downriggers, and electric outboard boat motors. the manufacturer, producer, or importer sells any article taxable under section 4161(a) to any person, the constructive sale price rules of section 4216(b) do not apply to such sale, and such person (or any other person) sells such article to a related person with respect to the manufacturer, producer, or importer, tax is imposed on the sale of any article by reason of paragraph (1), and the related person establishes the amount of the tax which was paid on the sale described in paragraph (1)(A), For purposes of this subsection, the term “related person” has the meaning given such term by section 465(b)(3)(C). Except to the extent provided in regulations, rules similar to the rules of this subsection shall also apply in cases (not described in paragraph (1)) in which intermediaries or other devices are used for purposes of reducing the amount of the tax imposed by section 4161(a). Except as provided in paragraph (2), the amendments made by this section [enacting this section and amending sections 4161 and 6302 of this title] shall apply with respect to articles sold by the manufacturer, producer, or importer after September 30, 1984 . Subsection (c) of section 4162 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954] (relating to treatment of certain resales), as added by this section, shall apply to sales by related persons (as defined in such subsection) after the date of the enactment of this Act [ July 18, 1984 ].”