Treasury Regulations · 26 CFR
§ 44.4403-1. Daily record.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 4403
Cite as 26 CFR § 44.4403-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6370, 24 FR 2614, Apr. 4, 1959, unless otherwise noted.
- Issued under
- 26 U.S.C. § 4403
- Length
- 133 words · about 1 min to read
- Cross-references
- cites 2 Code sections and 1 regulation; cited by 2
Every person liable for tax under section 4401 shall keep such records as will clearly show as to each day's operations:
¶(a) The gross amount of all wagers accepted;
¶(b) The gross amount of each class or type of wager accepted on each separate event, contest, or other wagering medium. For example, in the case of wagers accepted on a horse race, the daily record shall show separately the gross amount of each class or type of wagers (straight bets, parlays, “if” bets, etc.) accepted on each horse in the race. Similarly, in the case of the numbers game, the daily record shall show the gross amount of each class or type of wager accepted on each number.
For additional provisions relating to records, see section 6001 and § 44.6001-1.
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 4401 Imposition of tax
- § 6001 Notice or regulations requiring records, statements, and special returns
Regulations it cites
Cited by 2 other regulations
Where it sits in 26 CFR
- Subchapter D Miscellaneous excise taxes
- Part 44 Taxes on wagering; effective january 1, 1955
- Subpart B Tax on Wagers