§ 50.3 General definitions and use of terms.

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Title 26 CFR: Internal Revenue › Chapter I: INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY › Part 50: REGULATIONS RELATING TO THE TAX IMPOSED WITH RESPECT TO CERTAIN HYDRAULIC MINING › § 50.3: § 50.3 General definitions and use of terms.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

As used in the regulations in this part:

(a) The term

Act

means “An Act to create the California Debris Commission and regulate hydraulic mining in the State of California” approved March 1, 1893, as amended, 27 Stat. 507; 34 Stat. 1001; 48 Stat. 1118; 52 Stat. 1040; 61 Stat. 501; 33 U.S.C. 661-687.

(b) The term

person

means an individual, a trust, estate, partnership, company, or corporation.

Secretary

means the Secretary of the Treasury.

(d) The term

Commissioner

means the Commissioner of Internal Revenue.

(e) The term

district director

means the district director of internal revenue.

(f) The terms

hydraulic mining

and

mining by the hydraulic process

shall have the meaning and application given said terms in the State of California.

(g) The term

taxable year

means the twelve-month period ending on August 31 of each year for which the tax imposed by the Act is payable.

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