Page:United States Statutes at Large Volume 52.djvu/404

 75TH CONG. , 3D SESS.-CH. 223-MAY 16, 1938 or any part thereof to any person other than an executor, adminis- trator, or collector of the estate of such decedent appointed by said District Court without retaining a sufficient portion or amount thereof to pay any tax which may be assessed on account of the transfer of such assets under the provisions of this article and article II without an order from the assessor of the District of Columbia authorizing such transfer. It shall be lawful for the assessor of the District of Columbia personally, or by his representatives, to examine said assets at any time before such delivery or transfer. Failure to serve such notice or to allow such examination or to retain as herein required a sufficient portion or amount to pay the taxes imposed by this title shall render such person liable to the payment of such taxes. The assessor of the District may issue a certificate authorizing the transfer of any such assets whenever it appears to the satisfaction of said assessor that no tax is due thereon. The lessor of a safe-deposit box standing in the joint names of a decedent and a survivor or survivors may deliver the entire contents of such safe-deposit box to the sur- vivor or survivors, after examination of such contents by the assessor or his representative, without any liability on the part of the said lessor for the payment of such tax." (g) Title V of such Act is further amended by adding thereto new sections as follows: "SEC. 26. The Bureau of Internal Revenue of the Treasury Depart- ment of the United States is authorized and required to supply such information as may be requested by the Commissioners relative to any person subject to the taxes imposed under this title or relative to any person whose estate is subject to the provisions of this title. "SEc. 27. A tax is hereby imposed upon the transfer of real prop- erty or tangible personal property in the District of Columbia of every person who at the time of death was a resident of the United States but not a resident of the District of Columbia, and upon the transfer of all property, both real and personal, within the District of Columbia of every person who at the time of death was not a resident of the United States, the amount of which shall be a sum equal to such proportion of the amount by which the credit allowable under the applicable Federal revenue Act for estate inheritance, legacy, and succession taxes actually paid to the several States exceeds the amount actually so paid for such taxes, exclusive of estate taxes based upon the difference between such credit and other estate taxes and inheritance, legacy, and succession taxes, as the value of the property in the District of Columbia bears to the value of the entire estate, subject to estate tax under the applicable Federal revenue Act." (h) The provisions of this section shall become effective at 12:01 ante meridian on the day immediately following the date of approval of this Act. SEC. 6. (a) Title VI of such Act is amended to read as follows: "TITLE VI-TAX ON PRIVILEGE OF DOING BUSINESS "SEO. 1 . Where used in this title- "(a) The term 'person' includes any individual, firm, copartner- ship, joint adventure, association, corporation (domestic or foreign), trust, estate, receiver, or any other group or combination, acting as a unit; and all bus lines, truck lines, radio communication lines or networks, telegraph lines, telephone lines, or any instrumentality of commerce, but shall not include railroads, railroad express com- panies, steamship companies and air transportation lines. Examination of assets by assessor. Issuance of certifi- cate for transfer. Assets found in safe- deposit box standing in joint names. 50 Stat. 688. Bureau of Internal Revenue to supply information to Com- missioners. Nonresidents, tax on transfers of real and tangible personal property. Amount. Effective date of section. 50 Stat. 688. Title VI-Tax on privilege of doing busi- ness. Definitions. "Person." 363 52 STAT.]

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