Page:United States Statutes at Large Volume 42 Part 1.djvu/322

 294 SIXTY-SEVENTH CONGRESS. Sess. I. Ch. 136. 1921. “°""*¤-°~ Act of 1918, and (2) such contract does not permit the adding, to the amount to be paid thereunder, of the who e of the tax imposed by section 900 or 904 of this Act or by this subdivision; then the vendee or lessee shall, in lieu of the ven or or lessor, pay so much of the tax imposed by section 900 or 904 of this Act or by this subdit,§gd*:°{"“ *° °“*°' vision as is not so permitted to be added to the contract price. If a ` contract of the character above described was made with any person U mm tu otlzg tgt.? 1;. dealer, no tag shall be cipllgcted un%er Act. d b sf. mm 1 an rson as, prior o ugust, ,ma ea ona tmM“mp°m` fide contract wighpsny other person for the sale or lease, after the tax takes effect, of any article in respect to which a tax is imposed by section 900 of this Act, and in respect to which a corresponding but eater tax was imposed b section 900 of the Revenue _ ct of 1918, $2) the contract price incliiides the amount of the tax imposed by section 900 of the Revenue Act of 1918, and (3) such contract does not permit the deduction, from the amount to be (pl-iid thereunder of the whole of the difference between the corresipon g tax imposed by section 900 of the Revenue Act of 1918 an the tax imposed by ,,,,¥§§‘,§,,,*2,,d',f;'}‘,,¥‘;’, section 900 of this Act; then the vendor or lessor shall refimd to the ¤I;i¤t¤;d1;;¤:•m¤6•;cLw- vendee or lessee so much of the amount of such difference as is not 8 so 'tted to be deducted from the contract price. ,,§‘f,;*",};,'?‘°*°‘*’°“‘ ic) If (1) any person has, prior to August 15, 1921, made a bona fide contract with any other person for the sale or lease, after December 31, 1921, of an{{article in respect to which a tax was imposed by section 900 of the evenue Act of 1918, and in res act to which no corresponding tax is imposed by section 900 of igeis Act, (2) the contract price includes the amount of the tax imposed by section 900 of the Revenue Act of 1918, and (3) such contract does not permit Vmdx to mud deduction, from the amount to be paid thereunder, of the tax imposed ga; x=¤:ng_d¢¤g¤¤¢i¤•¤ bg section 900 of the Revenue Act of 1918; then the vendor or essor ...4,., y°°°` s all refund to the vendee or lessee so much of the amoimt of such tax as is not so permitted to be deducted from the contract price. ,,{;,”,‘§,§' *§,c:°"°'},‘; (d) The taxes payable by the vendee or lessee under subdivision ¤¤¤r¤•¤¤i· (a), shall be paid to the vendor or lessor at the time the sale or lease is consummated, and collected, returned, and paid to the United States by such vendor or lessor in the same manner and subject to mmm W d the same penalties and interest as provided by section 903. yam ..1.,  (c) Any refund by the vendor or lessor un er subdivision (b) or (c) ’“.{'.,,";j°‘}i·mg_,S on shall be made at the time the sale or lease is consummated. Upon Mm the failure of the vendor or lessor so to refund, he shall be liable to the vendee or lessee for damages in the amount of three times the amount of such refund, and the court shall include in any judgment in favor of the vendee or lessee in any suit for the recovery o such damages, costs of the suit and a reasonable attorney’s fee to be fixed by the court. _ mP¤r€¤¤»¤ intend- (f) A vendee who purchases any article with intent to use it in fygm .‘{mm‘°"”.,, d.,m“ “.§ the manufacture or production of another article intended for sale ‘°*’°”· shall be included in the term " dealer," as used in this section. ””°'“· ‘*”·’- TITLE X.—SPECIAL TAXES. °°P“·*' °*°°* ‘”· oarrrai. srocx mx. 1,;*** •“°* MY L _ Sec. 1000. (a) That on and after July 1, 1922, in lieu of the tax eX¤L·w,p.1¤w.m~M·1mposed by section 1000 of the Revenue Act of 1918- 1;,,,,,,,,,, c,,,,,,,.‘ 1) Every domestic corporation shall pa annually a special excise for each $1,000 of so much of the fair average value of its capital stock for the preceding year ending June 30 as is in excess of $5,000. In
 * ·*°¤=’~ tax with respect to c on or doing business, equivalent to $1