Page:United States Statutes at Large Volume 40 Part 1.djvu/355

 336 SIXTY·FIF TH CONGRESS. Sess. I. Ch. 63. 1917. °‘°°“*’n'{,·,§‘.,s_*“’°"°‘ bonds and mortgages or deeds of trust or similar obligations of domestic or other_ resident corporations, joint-stock companies or associations, and msurance companies by nonresident ahen firms, copartnerships, companies, corporations, joint-stock companies or asiplciations, and énstigdargce compgmes, not engaged Han busniess op tr e within the ni tates an not having any 0 ce or p ace o ~ .. business therein." Penalty provisions. . . . ven. ss, p. ns. Sec. 1209. That section eighteen of such Act of September 61 hth, °""’“°°°‘ nineteen hundred and sixteen, is hereby amended to read as follows: ,¤;;_§’{luf,;sf*;Q;{°* mm _ "Sr:c. 18. That any person, corporation, partnership, association, or dgtpnicazien ex- insurance company, liable to pay the tax, to make a return or to °°° ° supply information reqmred iiider this title, whq refuslqs1:1>;· neglects to pay such tax to make suc return or to supp y suc ormation at the time or times herein specified in each year, shall be liable, pmsmm 1.,, hy,. except as otherwise specially provided in this title, to a penalty of ¤°¤=¤¤·°“=· ng; essf than $20 nor more thanhi$1,000. _Any individual or any o cer 0 any corporation partners association or msurance company, required b law toimake, rendper, sign, or verify any return or to supply any inlbrmation, who makes any false or fraud ent return or statement with intent to defeat or evade the assessment reguired gy gl-pgd title to be made, shall be gbuglty of a mgsldemeanor, an shall not exceeding` $2,000 or unprison not exceeding' one year or both in the discretion of the court with the costs of roseb°¥§§’,”'.§,‘§3,;1p,;d not t, guticinl Thlat where any taigilqretofgiée due hapéluppyablie has Wm °**°“*°°· een pai y the taxpayer its not re-co rom any withholding agent required to  it at its source, nor shall any ,m*’°¤·¤, ,*Y,*:§£*_.;•;1_ *° penalty be  or collected in such cases from the taxpayer, or such withholditplg agent whose dugyfg;1 was to  lat, for 3 fmetlto return or pay e same, unless suc ure was rau ent an or e purpose o evading payment." $‘f,?‘?,',?f§§‘{,'f§$-$:‘{',5‘,?;' Sec. 121IO. élglgaét secétion twenty-six of s1uc1hlAct of Sfpptembep elighglk www- nineteen un an sixteen, as amen e y the ct entite ‘ Act to provide increased revenue to defra the expenses of the increased appropriations for the Army and Nzvy and the extensions of fortifications, and for other pu.ry_;1oses," approved March third, nineswam mum to M teen hundred and seventeen, is ereby amended to read as follows: ggqgagsui an-lame "_SEO. 26. Every corporaltion, jointtilstock cqlmpany or associatgpn, · or insurance com any_ su ject to e tax erein imposed w en required by the Ciimmissioner of Internal Revenue, shall render a correct return, duly verified under oath, of its payments_of dividends, Nm“’m_'°m°ck_ whether naadsd in cash qr ips piqluiylalent 05 1:1 stock, lincluding the nuamwneaeu. names an dresses 0 soc o ers an e num er o s ares q m owned by each, and the tax years and the applicable amounts in ghich such bodfvlrdexiigs végre earned, m  foul:] alqd manner as may e prescri y e mmissioner o tern evenue with the A ti approval of the Secretary of the Treas1u;y." i vm.,,.s_ '° P"` nc. 1211. That Title I of such Act 0 September eighth, nineteen u;’9‘;j&ed°f°» P· T"- hundred_and sixiiepln, is hereby amended by adding to Part III six New swfivns. new SOCl’»10Il.S m 0 0Ws: ,,.§;f,°,l§,‘}{'l',°Q,°?,S“§],‘§’$,.,§1'Z _ "Sec._ 27. That every person, corporation, partnership, or associamgsmd °“”°¤¤¤· tion, doing busmess as a broker on any exchange or board of trade or_ other sixpiialr plafclelpf business slliall, when required by the Commissioner o tern evenue ren er a correct return duly verined ilander 0p%, under suplh trlples and raelgugagons as the Commissioner of terna evenue, W1 e approv 0 e Secretary of the Treasury, may prescribe showing the names of customers for whom such r- __ son, corporation, partnership, or association has transacted Isliiy °'¥"°*“s‘“‘d business, with such details as to the proiits, loses, or other information which the commissioner may require, as to each of such cus-