§ 4411. Imposition of tax
(a)
In general
There shall be imposed a special tax of $500 per year to be paid by each person who is liable for the tax imposed under section
4401 or who is engaged in receiving wagers for or on behalf of any person so liable.
(b)
Authorized persons
Subsection (a) shall be applied by substituting “$50” for “$500” in the case of—