Page:United States Statutes at Large Volume 48 Part 1.djvu/792

 766 73c1 CONGRESS. SESS. II. CH. 277. MAY 10, 1934 . EXC ISE TAXES. subdivision thereof or the District of Columbia as shall be charged with the enforcement or collection of any tax on gasoline or lubri- Copies furnished . eating oils. The Commissioner and each collector shall furnish to any of such officers, upon written request, certified copies of any such statements, reports, or returns filed in his office upon the payment of a fee of $1 for each one hundred words or fraction thereof in the copy or copies requested ." Pr oducers' tax on SEC. 604. PRODUCERS' TAX ON CRUDE PETROLEUM . crude petroleum . Payment by pro - (a) There is hereby imposed on crude petroleum sold by the pro- d ucer ducer thereof, a tax of one-tenth of 1 cent per barrel of 42 gallons, to be paid by the producer . Under regulations prescribed by the Commissioner, with the approval of the Secretary, such tax shall we lls produci ng 5 not a pply to cr ude petro leum prod uced from any w ell which is n ot barrelsor less per day capable of pr oducin g more than 5 barr els per clay . Method of collecting . (b) Every person purchasing crude petroleum from the producer thereof, and taking delivery thereof at the premises where produced, shall collect the tax imposed by subsection (a) from the producer . Every such purchaser, and every producer liable for any tax under Monthly returns, this section not so collected from him, shall make monthly returns under oath and pay such taxes to the collector for the district in which are located the premises where such crude petroleum was pro- duced. Such returns shall contain such information and be made at such times and in such manner as the Commissioner, with the ap roval of the Secretary, may by regulations prescribe. ( (c) Every purchaser required to collect any tax under this section shall make such collection by deducting and withholding the amount of such tax from any payments made by such purchaser to the pro- ducer . Every such purchaser is hereby indemnified against the claims and demands of such producer for the amount of any pay- ments made in accordance with the provisions of this section . a S ecuri ty, bond (d) The Commissioner, with the approval of the Secretary, may require such bond or other security from any person subject to any provision of this section as he deems necessary for the protection of the revenue and to assure compliance with this section and other Form and conditions provisions of law applicable with respect to the tax imposed by this thereof. section, and may prescribe the form and conditions thereof, provide for the appro val of the s uretie s ther eon (wi thout regard to an y gen- eral provision of law), fix the amount and penalty thereof (whether for the payment of liquidated damages or of a penal sum), and authorize the cancellation of any such bond, in the event of a breach of any condition thereof, upon the payment of such lesser amount Punishment for vie- as he may deem sufficient . Any person willfully failing to comply ration' with any such requirement shall, upon conviction, be fined not more than $1,000, or imprisoned not more than six months, or both . Operator to keep rec- (e) In addition to records and reports otherwise required by law ords, make reports, etc . or regulation, every working interest operator of a well producing crude petroleum or otherwise taking crude petroleum from the earth or waters thereof (whether or not the producer as defined in this section) shall keep such records and make such reports with respect to production and disposition of crude petroleum, at such time and inspection o f . i n such manner, as the regulations shall prescribe . Records, reports, and returns required under this section or any provision of law appli- cable with respect to tax under this section shall, wherever held, be open to inspection at all reasonable hours by any duly authorized representative of the Commissioner or any agency of the United State s or any S tate havi ng su perv isory or r egula tory powe rs ov er the production of crude petroleum.