Page:United States Statutes at Large Volume 42 Part 1.djvu/295

 sixrv-SEVENTH ooxennss. sas. 1. oa. 136. 1921. 267 shall be added as part of the deficiency, in lieu of other interest and "'°°“‘ "·*’°· penalties provided bg law, the sum of 5 per centum of the deficienc and mteres_t on the eficiency at the rate of 1 per centum per month from the time it becomes payable in accordance with the terms of Suif) (iii iIii1° · · End 11 I ei a t g e mmissioner s t at a tax a er des` ns uickl to 1 mm ° I§‘y§“é“ depart from the United States or to removefhirs propiiiity ilierefiibm, }&;:?‘idli’°tg°“l;°*li’i*i or to conceal himself or his property therein, or to do any other act ` tending to prejudice or to render wholly or partly ineffectual proceedings to collect the tax for the taxable year then last past or the taxab e year then current unless such proceedings be brought without delay, the Commissioner shall declare the taxable period for such Nommbagivm taxpayer immediately terminated and shall cause notice of such find- ` mg and declaration to be given the taxpayer, together with a demand for immediate (payment 0 the tax for the taxable period so declared terminated an of the tax for the precedin taxable year or so much of said tax as is unpaid, whether or not the time otherwise allowed by law for filing return and paying the tax has expired; and such F _ taxes shall thereupon become immediately due and pa able. In s1¤¤i;idiii€s(1f11§»°iii•ix111$i any action or suit brought to enforce ament of taxes made due and i“°°“*· payable by virtue of the provisions ol) ° subdivision the findin of the_ Commissioner, made as herein provided, whether made alter notice to the taxpayer or not, shall be for all purposes presumptive B d md.: evidence of the taxpayer’s design. A taxpayer who is not in default magiamagwp I mt m making any return oihpaying income, war—proHts, or excess-§>rofits tax under any Act of ongress may furnish to the United tates, under regulations to be prescribed by the Commissioner with the approval 0 the Secretary, security aptgroved by the-Commissioner that e will duly make the return next ereafter required to be filed and cmaa-um or acceptpay the tax next thereafter required to be paid. The Commissioner ““°°‘ may approve and accept in like manner security for return and pay- ment o taxes made due and payable by virtue of the revisions of this subdivision, provided the taxpayer has paid in fiill all other · income, war-profits, or excess-profits taxes due from him under any Suspension 0, em Act of Congress. If security is approved and accepted tpursuant to imemmepmusamgs. the provisions of this subdivision and such further or o er security with respect to the tax or taxes covered thereby is given_as the Commissioner shall from time to time End necessary and requue, payment of such taxes shall not be enforced by any proceedings under the provisions of this subdivision prior to the expiration of the time wuvmgetw citizens otherwise allowed for paying such respective taxes. In the case of ‘l’°““° “"· a citizen of the United States about to depart from the United States the Commissioner may, at his discretion, waive any_qr all of the re- Ccmww ,,,,,,,,,6 dpirements placed on the taxpayer by this subdivision. No alien ¤f¤¤e¤· s all depart from the United tates unless he first secures from the collector or agent in char e a certificate that he has comphed with all the obl§ations imposecf upon him by the mcome, war—profits, and Adm _ excess-pro ts tax laws. If a taxpayer yiolates or attempts to vio- ,,m,¤,,‘Q,‘§,_“?,§, §§",p§;{ late this subdivision there shall, in addition to all other penalties, be atadded as art of the tax 25 per centum_ of the total amount of the tax or deficiency in the tax, together with mterest at the rate of 1 per centum per month from the time the tax became due. _ _ Applicable m pm (h) The provisions of subdivisions (e), (f) and (g) of this section vious xm. shall a ply to the assessment and collection of taxes which have accrued) or may accrue under the Revenue Act of 1917, the Revenue Act of 1918 or this Act. Bncmvrs FOB Taxns. R°°°*°°"°°°°x°°' Sec. 251. That every collector to whom any payent of any tax m$§*°' '° 8“’°·°¤ is made under the provisions of this title shall upon request give to