Page:United States Statutes at Large Volume 56 Part 1.djvu/73

 77TH CONG., 2D SESS.-CH. 33 -FEB. 2, 1942 subsection shall be brought in the police court of the District on information by the corporation counsel or one of his assistants in the name of the District." (n) Paragraph 20 of section 43 of title II of said Act is amended 53 8t^t- 47- to read as follows: 1543 (20). "(20) The word 'assessor' means the assessor of the District of "Assessor" Columbia or his duly authorized representative or representatives." (o) Title II of said Act is amended by adding the following new 5N3tatctilo7. section to be numbered "Sec. 44": D..Code§§47- 1501 to 47-1543 . "SEO. 44 . INFORMATION ETruRNs. - Every person subject to the juris- diction of the District in whatever capacity acting, including receivers or mortgagors of real or personal property, fiduciaries, partnerships, and employers making payment of dividends, interest, rent, premi- ums, annuities, compensations, remunerations, emoluments, or other income to foreign corporations, shall render such returns thereof to the assessor as may be prescribed by rules and regulations of the Commissioners." (p) Title II of said Act is amended by adding the following new section to be numbered "Sec. 45": "SEC. 45. WITHHOLDING OF TAX AT soURCE.-W henever the Commis- Foreign corpora- sioners shall deem it necessary in order to satisfy the District's claim for income tax payable by any foreign corporation, they may, by rules and regulations, require any person subject to the jurisdiction of the District to withhold and pay to the collector of taxes an amount not in excess of 5 per centum of all income payable by such person to a foreign corporation. After such foreign corporation shall have filed all returns required under this title, and the same shall have been audited, the collector of taxes shall refund any overpayment to the taxpayer." (q) Title II of said Act is amended by adding the following new section to be numbered "Sec. 46": "SEC. 46. LICENSES.-(a) Every corporation (except those expressly Cnorporation li- exempt from the tax imposed by this title) engaging in or carrying on any business, or receiving income from District of Columbia sources, shall obtain a license so to do on or before the 1st day of January of each year: Provided 2 That such license for the calendar Provio. year 1942 may be obtained within sixty days after the approval of this Act. Applications for licenses shall be upon forms prescribed and furnished by the Commissioners, and each application shall be accompanied by a fee of $10. "(b) All licenses issued under this title shall be in effect for the Duration o lcens. duration of the calendar year in which issued, unless revoked as herein provided, and shall expire at midnight of the 31st day of December of each year. No license may be transferred to any other corporation. '(c) All licenses granted under this title to corporations having an Posting. office or place of business in the District must be conspicuously posted in the office or on the premises of the licensee, and said license shall be accessible at all times for inspection by the police or other officers duly authorized to make such inspection. "(d) Every corporation not having an office or place of business ratiodent corpo in the District but which receives income from District sources or engages in or carries on any business in the District by or through an employee or agent shall procure the license provided by this title. Every employee or agent of any such corporation shall carry either the license or a certificate from the assessor that the license has been obtained, which license or certificate shall be exhibited to the police or other officers duly authorized to inspect the same. Such certificate 45 56 STAT.]

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