Page:United States Statutes at Large Volume 52.djvu/518

 52 STAT.] 75TH CONG., 3D SESS.-CH. 289-MAY 28, 1938 president, or other principal officer and by the treasurer, assistant treasurer, or chief accounting officer. In cases where receivers, trustees in bankruptcy, or assignees are operating the property or business of corporations, such receivers, trustees, or assignees shall make returns for such corporations in the same manner and form as corporations are required to make returns. Any tax due on the basis of such returns made by receivers, trustees, or assignees shall be collected in the same manner as if collected from the corporations of whose business or property they have custody and control. SEC. 53. TIME AND PLACE FOR FILING RETURNS. (a) TIME FOR FILING. - (1) GENERAL RrLE. -Returns made on the basis of the calendar year shall be made on or before the 15th day of March following the close of the calendar year. Returns made on the basis of a fiscal year shall be made on or before the 15th day of the third month following the close of the fiscal year. (2) EXTENSION OF TIME. - The Commissioner may grant a reasonable extension of time for filing returns, under such rules and regulations as he shall prescribe with the approval of the Secretary. Except in the case of taxpayers who are abroad, no such extension shall be for more than six months. (b) To WHOM RETURN MADE.- (1) INDIVIDUALS.-Returns (other than corporation returns) shall be made to the collector for the district in which is located the legal residence or principal place of business of the person making the return, or, if he has no legal residence or principal place of business in the United States, then to the collector at Baltimore, Maryland. (2) CoRPORATIONS.- Returns of corporations shall be made to the collector of the district in which is located the principal place of business or principal office or agency of the corporation, or, if it has no principal place of business or principal office or agency in the United States, then to the collector at Baltimore, Maryland. SEC. 54. RECORDS AND SPECIAL RETURNS. (a) BY TAXPAYER. -Every person liable to any tax imposed by this title or for the collection thereof, shall keep such records, render under oath such statements, make such returns, and comply with such rules and regulations, as the Commissioner, with the approval of the Secretary, may from time to time prescribe. (b) To DETERMINE LIABILITY TO TAX. - Whenever in the judgment of the Commissioner necessary he may require any person, by notice served upon him, to make a return, render under oath such state- ments, or keep such records, as the Commissioner deems sufficient to show whether or not such person is liable to tax under this title. (c) INFORMATION AT THE SOURCEr-For requirement of statements and returns by one person to assist in determining the tax liability of another person, see sections 147 to 150. (d) COPIES OF RETURNS.- If any person, required by law or regu- lations made pursuant to law to file a copy of any income return for any taxable year, fails to file such copy at the time required, there shall be due and assessed against such person $5 in the case of an individual return or $10 in the case of a fiduciary, partnership, or corporation return, and the collector with whom the return is filed shall prepare such copy. Such amount shall be collected and paid, without interest, in the same manner as the amount of tax due in By receivers, trus- tees, or assignees. Collection. Filing returns. Time for filing. General rule. Extension of time. Limitation. To whom made. Individuals. Corporations. Records and special returns. By taxpayer. To determine liabil- ity to tax. Information at source. Post, pp. 515 -516 . Copies of returns; assessment for failure to file. Collection. 477

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