I.R.C. § 6805(a) Authorization
Secretary, subject to regulations prescribed by him, may, upon receipt of
satisfactory evidence of the facts, make allowance for or redeem such of
the stamps, issued under authority of any internal revenue law, as may
have been spoiled, destroyed, or rendered useless or unfit for the purpose
intended, or for which the owner may have no use.
I.R.C. § 6805(b) Method And Conditions Of Allowance
allowance or redemption may be made, either by giving other stamps in lieu
of the stamps so allowed for or redeemed, or by refunding the amount or
value to the owner thereof, deducting therefrom, in case of repayment, the
percentage, if any, allowed to the purchaser thereof; but no allowance or
redemption shall be made in any case until the stamps so spoiled or
rendered useless shall have been returned to the Secretary, or until
satisfactory proof has been made showing the reason why the same cannot be
returned; or, if so required by the Secretary, when the person presenting
the same cannot satisfactorily trace the history of said stamps from their
issuance to the presentation of his claim as aforesaid.
I.R.C. § 6805(c) Time For Filing Claims
claim for the redemption of, or allowance for, stamps shall be allowed
under this section unless presented within 3 years after the purchase of
such stamps from the Government.
I.R.C. § 6805(d) Finality Of Decisions
findings of fact in and the decision of the Secretary upon the merits of
any claim presented under or authorized by this section shall, in the
absence of fraud or mistake in mathematical calculation, be final and not
subject to revision by any accounting officer.
(Aug. 16, 1954, ch. 736, 68A Stat. 830; Sept. 2, 1958,
Pub. L. 85-859, title I, 165(b), (c), 72 Stat. 1313; Oct. 4, 1976, Pub. L.
94-455, title XIX, 1906(b)(13)(A), 90 Stat. 1834.)
1976--Pub. L. 94-455 struck out “or his delegate” after “Secretary” wherever appearing.
1958--Subsec. (a). Pub. L. 85-859, 165(b), struck out provisions which authorized the Secretary to make allowances
for or redeem stamps which through mistake may have been improperly or unnecessarily
used, or where the rates or duties represented thereby have been excessive in amount,
paid in error, or in any manner wrongfully collected.
Subsec. (c). Pub. L. 85-859, 165(c), inserted “under this section” after “shall be allowed”.
Effective Date of 1958 Amendment
Amendment by Pub. L. 85-859 effective on the first day of the first calendar quarter which begins more than 60
days after Sept. 2, 1958, see section 1(c) of Pub. L. 85-859.
Section Referred to in Other Sections
This section is referred to in section 6040 of this title.