Page:United States Statutes at Large Volume 39 Part 1.djvu/801

 780 SIXTY-FOURTH CONGRESS. Sess. I. Ch. 463. 1916. umn wr- - as such such erson shall be entitled to reimbursement out pe iu¤¤ii $>lIsiii1(t;5iart of thi: estatg still undistributed or by a just and equitable °‘°°“*°‘· contribution by the persons whose interest in the estate of the decedent would have been reduced if the tax had been paid before the distribution of the estate or whose interest is subject to equal or prior liability for the payment of taxa, debts, or other charges against the estate, it being the purpose and intent of this title that so far as 1S practicable and unless otherwise directed by the  of the decedent the tax shall be paid out of the estate before its distribution. U¤v·id’¤¤=*”¤=°¤ Sec. 209. That unlem the tax is sooner paid in full, it shall be a °°°°S°sm°` lien for ten ears upon the gross estate of the decedent, except that such part 0; the gross estate as is_ used for_the payment of charges against the estate and expenses of its admimstration, allowed by any ` I _ court havigcgxfurisdiggon thereof, shrill be divtegedtof zuchtglien. t ”#’°“"""$°"“‘ Ifthed entm esa. ero,orcrea aruswi respec ummm Mdnm to, any property in contemplation of or intended to take eifect in possession or enjoyment at or after his death (except in the case of a bona iide sale for a fair consideration in money or money’s worth) and if the tax in respect thereto is not paid when due, the transferee or trustee shall be personally liable for such tax, and such property, to the extent of the decedent’s interest therein at the time 0 such transfer, shall be subject to a like lien equal to the amount of such W¤;¤7”_i•:¤¢ 1¤¤¢¤¤~¤¤r=| tax. Any Bart of such property sold_by such transferee or trustee to a bona fi e purchaser or a fair consideration in money or money s worth shall be_divested of the lien and a like hen shall then attach to all the propert of such transferee or trustee, except any part sold to a bona iidb purchaser for a fair consideration in money or mone ’s worth. P¤¤¤¤¤¤¤¤f¤r Mw Sag 210. That whoever knowiglgl makes any false statementin any °m°°°°°ts‘ J notice or retum required to be ed, by this title shall be liable to a penalty of apt excleedéxgcg $5,000,fo1i1 imprisonment not exceeding one ear or o int e retiono thecourt. m§‘g9§__;g·_;¤:‘g¤¢¤¤· y Wihoevcir faiils to cogiggy with any duty iralgbsed upon him by icc] amp. im. tion two nm an ve or, a m possession or con ro an record, file, or paper, ksontainymgor su posed to contain any infbrmation concerning the estate ofllzbe decedient, fails to exhibit the same upon request to the Commissioner of Internal Revenue or any collector or law officer of the United States, or his duly authorized deputy or ent, who desires to examine the same in the performance of hisaguties under this title, shall be liable to a penalty of not exceleding $50;), Ito ge rzciogered, with costs of suit, in a civil action in the name o the nit tates. snpliguon of sm- Sec. 211. That all administrative, special, and general provisions °” W" of law, including the laws in relation to the assessment and collection of taxes, not heretofore specifically repealed are hereby made to apply to this title so far as applica le and not inconsistent with its rovisions. mgiegscm to ba P Sec. 212. That the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, shall make such regulations, and (prescribe and require the use of such books and forms, as he may eem necessary to carry out the provisions of this title. hylixggigzx www TITLE III.——MUNTI`ION MANUFACTURERS TAX. tegg;j¤=¤¤¢¤¤¤¤ ¤* Size. 300. That when used in this title-- ··i-¤m·» _ The term "pe1son" mcludes partnerships, corporations, and assocra ions; "Tmb*° >’¤¤~" The term " taxable year" means the twelve months ending December_thirty-fi1st. The first taxable year shall be the twelve months R ’_ ending December thirty-first, nineteen hundred and sixteen; and '~’“*‘°° S°‘°’~ The term “Un1ted_States" means_only the States, the Territories of Alaska and Hawan, and the District of Columbia.