94 STAT. 244
43 USC 1601 note-
PUBLIC LAW 96-223—APR. 2, 1980 "(E) ORDERING RULE.—Front-end oil of any taxpayer shall be treated as attributable first to projects which meet the requirements of paragraph (1)(B). "(d) EXEMPT INDIAN OIL.—For purposes of this chapter, the term 'exempt Indian oil' means any domestic crude oil— "(1) the producer of which is an Indian tribe, an individual member of an Indian tribe, or an Indian tribal organization under an economic interest held by such a tribe, member, or organization on January 21, 1980, and which is produced from mineral interests which are— "(A) held in trust by the United States for the tribe, member, or organization, or "(B) held by the tribe, member, or organization subject to a restriction on alienation imposed by the United States because it is held by an Indian tribe, an individual member of an Indian tribe, or an Indian tribal organization, "(2) the producer of which is a native corporation organized under the Alaska Native Claims Settlement Act (as in effect on January 21, 1980), and which— "(A) is produced from mineral interests held by the corporation which were received under that Act, and "(B) is removed from the premises before 1992, or "(3) the proceeds from the sale of which are deposited in the Treasury of the United States to the credit of tribal or native trust funds pursuant to a provision of law in effect on January 21, 1980. "(e) EXEMPT ALASKAN OIL.—For purposes of this chapter, the term 'exempt Alaskan oil' means any crude oil (other than Sadlerochit oil) which is produced— "(1) from a reservoir from which oil has been produced in commercial quantities through a well located north of the Arctic Circle, or "(2) from a well located on the northerly side of the divide of the Alaska-Aleutian Range and at least 75 miles from the nearest point on the Trans-Alaska Pipeline System. "Subchapter C—Miscellaneous Provisions "Sec. "Sec. "Sec. "Sec.
26 USC 4995.
4995. 4996. 4997. 4998.
Withholding; depositary requirements. Other definitions and special rules. Records and information; regulations. Cross references.
"SEC. 4995. WITHHOLDING; DEPOSITARY REQUIREMENTS. "(a) WITHHOLDING BY PURCHASER.— "(1) WITHHOLDING REQUIRED.—Except to the extent provided in
regulations prescribed by the Secretary— "(A) the first purchaser of any domestic crude oil shall withhold a tax equal to the amount of the tax imposed by section 4986 with respect to such oil from amounts payable by such purchaser to the producer of such oil, and "(B) the first purchaser of such oil shall be liable for the payment of the tax required to be withheld under subparagraph (A) and shall not be liable to any person for the amount of any such payment. "(2) DETERMINATION OP AMOUNT TO BE WITHHELD.—
"(A) IN GENERAL.—The purchaser shall determine the amount to be withheld under paragraph (1)—
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