Page:United States Statutes at Large Volume 50 Part 1.djvu/711

 686 Life interest or for term of years, pay- ment of tax. Future estates, as- sessment of tax. Tax alien on prop- erty. Taxes in arrears, additional amount. Compelling per- formance of duty. Failure to file re- quired return ; pen- alty, False, etc ., returns. W ill ful fai lure to pay taxes, make re- turn, etc., penalty. R elease of lien when tax liability dis- ch arged. 75TH CONGRESS, 1sT SESSION-CM 690--AUGUST IT, 1937 issued as herein provided, then and in that event the assessor may report that fact to the District Court of the United States for the- District of Columbia or one of the justices thereof, and said court or any justice thereof hereby is empowered to compel obedience to said summons to the same extent as witnesses may be compelled to obe the subpenas of that court. e SEC. 10. In the case of any grant, deed, devise, descent, or bequest of a life interest or term of years, the donee for life or years shall pay a tax only on the value of his interest, and the donee of the future interest shall pay his tax when his right of possession or enjoyment accrues. In the case of a devise, descent, bequest, or grant to ta ke eff ect i n pos sessio n or enjoym ent a fter the ex pirat ion of one or more life estates or of a term of years, the tax shall be assessed on the value of the property or interest therein coming to the beneficiary at the time when he becomes entitled to the same in possession or enjoyment. Said tax shall be a lien for the period of ten years on the property or interest therein from the date when said benef iciary bec omes enti tled to th e same in possessio n or nj oyment. SEC. 11. If the taxes imposed by this title are not paid when due, 1 per centum interest for each month or portion of a month from the date when the same were due until paid shall be added to the amount of said taxes and collected as a part of the same, and said taxes shall be collected by the collector of taxes of the District of Columbia in the manner provided by the law for the collection of taxes due the District of Columbia on personal property in f orce at the time of such col lection. SEC. 12 . If any person shall fail to perform any duty imposed upon him by the provisions of this title or the regulations made here- under the Commissioners of the District of Columbia may proceed by petition for mandamus to compel performance and upon the grant- ing ..of such writ the court shall adjudge all costs of such proceeding against the delinquent. SEC. 13 . Any person required by this title to file a return who fails to file such return within the time prescribed by this title, or within such additional time as may be granted under regulations promul- gated by th e Comm issio ners of the Dist rict o f Col umbia, shal l bec ome liable in his own person and estate to the District of Columbia in an amount equal to 25 per centum of the tax found to be due. In case any person required by this title to file a return knowingly files a false or fraudulent return, he shall become liable in his own person and estate to the said District in an amount equal to 50 per centunn of the tax found to be due. Such amounts shall be collected in the same manner as is herein provided for the collection of the t axes levied under this title. SEC. 14 . Any person required by this title to pay a tax or required by law or regulation made under authority thereof to make a return or keep any records or supply any information for the purposes of computation, assessment, or collection of any tax imposed by this title, who willf ully fails to pa y suc h tax, make any such r eturn , or supply any such information at the time or times required by law or regulation shall, in addition to other penalties provided by law, be guilty of a misdemeanor and upon conviction thereof be fined not more than $1,000 or imprisoned for not more than one year, or both. SEC. 15. When the assessor is satisfied that the tax liability of any estate has been fully discharged or provided for, he may, un der regulations prescribed by the Commissioners of said District, issue his certificate, releasing any or all property of such estate from the lien herei n impo sed.