Page:United States Statutes at Large Volume 42 Part 1.djvu/311

 sixrY-SEVENTH oouennss. sm. 1. GH. 136. 1921. 283 _ Sec. 409. That unless the tax is sooner paid in full, it shall be a U,,”€.'{$'Q§x":§;,n on hen for ten years upon the gross estate of the decedent, except that ¤¤m<i)f¤r¤¤¤yw¤- such part of the gross estate as is used for the payment of char es P°"°x°°p °d' against the estate and expenses of its administration, allowed {lay any court having jurisdiction thereof, shall be divested of such lien. If the Commissioner is satisfied that the tax liability of an estate has R°1°“°°“P°Y’“°“*‘ been fully discharged or provided for, he may, under regulations prescribed by  with the approval of the Secretary, issue his certihcate, releasing any or all property of such estate from the lien   OSed° Allowance OI1 tl.‘8I1S· If (a) the decedent makes a transfer of, or creates a trust with fers,etc., inc0ntemplarespect to, any property in contemplation of or intended to take mn °‘°°°°" effect in possession or enjoyment at or after his death (except in the case of a bona fide sale for a fair consideration in money or money ’s we mwmw worth) or (b) if insurance passes under a contract executed by the ` decedent in favor of a specific beneficiary, and if in either case the tax in resp)ect thereto is not paid when due, then the transferee, trustee, or eneiiciary shall be ersonally liable for such tax, and such property, to the extent of tli)e decedent’s interest therein at the time of such transfer, or to the extent of such beneficiary ’s interest under such contract of insurance, shall be subject to a like lien equal Innnnnnt nnnnnnsnn to the amount of such tax. Any part of such property sold by such ‘°""*‘“°P'°‘°°‘°'*· transferee or trustee to a bona fide purchaser for a fair consideration in mone or money ’s worth shall be divested of the lien and a like lien shall, then attach to all the roperty of such transferee or trustee, except any part sold to a bona Ede purchaser for a fair consideration in money or money ’s worth. t I ms Sec. 410. That whoever knowinglly makes any false statement in gtggupgnglfu °' ° any notice or return required to be ed under this title shall be liable to a penalty of not exceeding $5,000, or imprisonment not exceeding one ear, or both. remuy at making Wlioever fails to complylwith any duty imposed upon him by ;wr¤¢¤r;1s.¤¤m¤¤¤H¤s section 404, or, having in possession or control any record, file, ‘“‘°"°°°'°”'°t°‘ or paper, containing or supposed to contain any information concerning the estate of the dece_ ent, or, having in his possession or control apyliproperty comprised m the gross estate of the decedent, fails to e it the same upon request to the Commissioner or any collector or law officer of the United States, or his duly authorized depuhy or agent, who desires to examine the same in the performance o his duties under this title, shall be liable to a penalty of not exceeding $500, to be recovered, with costs of suit, in a civil action in the name of the United States. d,,,,,,,,t,,n,m ,1, Sec. 411. (a) That the term "resident" as used in this title g¤£;;¤g,u;¤h¤é¤£§);¤: includes a citizen of the United States with respect to whose prlqperty ' any probate or administration proceedings are had m the mted States Court for China. Where no gnart of the gross estate of such ,,,“l,;,‘,¥°,{§,'§‘Q2,§‘§§§ decedent is situated in the United tates at the time of his death, U¤i*¤¤ S¤*•¤~ the total amonmt of tax due imder this title shall be paid to or col- umypmmumm lected b the clerk of such court, but where_ any part of the gross §,*§*,f&_*¤ ¤¤“•¤·¤ °* estate 0; such decedent is situated in the United States at the time of his death, the tax due under this title shall be paid to or collected by the collector of the district in which is situated the part of the gross estate in the United States, or, if such part is situated m more than one district, then the collector of such district as may be designated by the Commissioner. can erewn mm (b) For the p ose of this section the clerk of the United States “°°“°°‘°'·**°· Court for Chinaughall be a collector for the territorial jurisdiction of such court, and taxes shall be collected by and paid to him in the same manner and subject to the same provisions of law, including