Page:United States Statutes at Large Volume 50 Part 1.djvu/464

 75TH CONGRESS, 1ST SESSION-CH. 405-JUNE 29, 1937 DEDUCTIBILITY FROM INCOME TAX SEC. 6 . For the purposes of the income tax imposed by title I of the Revenue Act of 19 36 or by any Act of Congress in substitution therefor, the taxes imposed by sections 2 and 5 of this Act shall not be allowed as a deduction to the taxpayer in computing his net income. COLL ECTI ON AND PAYMENT OF TAXES SEC. 7. (a) The taxe s imposed by this Act shal l be collected by the Bureau of Internal Revenue and shall be paid into the Treasury of the United States as internal-revenue collections. (b) The t axes imposed b y this Act' s hall be colle cted and paid quarterly or at such other times and in such manner and under such conditions not inconsistent with this Act as may be prescribed by the Commissioner of Internal Revenue with the approval of the Secre- tary of the Treasury. If a tax imposed by this Act is not paid when due, there shall be added as part of the tax (except in the case of adjustments made in accordance with the provisions of this Act) interest at the rate of 6 per centum per annum from the date the tax became due until paid. (c) All provisions of law, including penalties, applicable with respect to any tax imposed by section 600 or section 800 o f the Revenue Act of 1926, and the provisions of section 607 of the Revenue Act of 1934, insofar a s applicable a nd not incons istent with t he provisions of this Act, shall be applicable with respect to the taxes im osed by this Act. (d) In the payment of any tax. under this Act, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to 1 cent. (e) Any tax paid under this Act by a taxpayer with respect to any period with respect to which he is not liable to tax under this Act shall be credited against the tax, if any, imposed by title VIII of the Social Security Act upon such taxpayer, and the balance, if any, shall be refunded. Any tax paid under title VIII of the Social Security Act by a taxpayer with respect to any period with respect to which he is not liable to tax under such title VIII shall be credited against the tax, if any, imposed by this Act upon such taxpayer, and the balance, if any, shall be refunded. COURT JURISDICTION SEC. 8. The several district courts of the United States and the Distric t Court of th e United State s for the Dis trict of Colu mbia, respectively, shall have jurisdiction to entertain an application by the Attorney General on behalf of the Commissioner of Internal Revenue to compel an employee or o ther person r esiding withi n the jurisdiction of the court or an employer subject to service of process within its jurisdict ion to comply with any obli gations impos ed on such employee, employer, or other person under the provisions of this Act. The jurisdiction herein specifically conferred upon such Federal courts shall not be held exclusive of any jurisdiction other- wise possessed by such courts to entertain actions at law or suits in equit y in aid of t he enforcement of rights or obligations arising under the provisions of this Act. SOCIAL SECURITY ACT SEC. 9. (a) The term "employment", as defined in subsection (b) of section 811 of title VIII of the Social Security Act, shall not 439 Dedu cti bil ity fr om inco me tax. Restric tions . 49 Stat. 1652. Ante, pp. 437, 438 . Collection and pay- ment of taxes. Pro ced ure. Int ere st cha rge on defaulted payment. Provisions of law applicable. 44 Stat.93, 99;48 Stat. 768. Fraction of cent. Adjustments. 49 Stat. 636. Cou rt jur isd ict ion in connection with enforcement of obli- gations imposed. Social Security Act. " Employment" as defined in. 49 Stat. 639.