{"identifier":"/us/usc/t12/s541","title":12,"num":"\u00a7\u202f541.","heading":"Tax on circulating notes generally","text":"\u00a7\u202f541.\nTax on circulating notes generally\nIn lieu of all existing taxes, every association shall pay to the Treasurer of the United States, in the months of January and July, a duty of one-half of 1 per centum each half year upon the average amount of its notes in circulation.","url":"https://projectusc.org/usc/t12/s541.html","content":[{"t":"sec","id":"/us/usc/t12/s541","children":[{"t":"num","text":"\u00a7\u202f541."},{"t":"heading","text":"Tax on circulating notes generally"},{"t":"content","text":"\n","children":[{"t":"p","text":"In lieu of all existing taxes, every association shall pay to the Treasurer of the United States, in the months of January and July, a duty of one-half of 1 per centum each half year upon the average amount of its notes in circulation.","tail":"\n"}]},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}