Page:United States Statutes at Large Volume 61 Part 1.djvu/354

 330 PUBLIC LAWS-CH. 258 -JULY 16,1947 [61 STAT. Pod, P. 8. TrrLE XI-BASES Sec. 1. Basis for determining gain or loss. Sec. 2. (a) Computation of gain or loss. (b) Amount realized. Sec. 3. Exchange in reorganizations. Sec. 4 Basis for dividends paid in property. Sec. 5. Exception to applicability of sections 1 through 3. Sec. 6. Depreciation. Pol P. 3a2 TITLE XII-ASSESSMENT AND COLLECTION; TIME OF PAYMENT Sec. 1. Duties of Assessor. Sec. 2. Statements and special returns. Sec. 3. Examination of books and witnesses. Sec. 4. Return by Assessor. Sec. 5. Determination and assessment of deficiency. Sec. 6. Jeopardy assessment. (a) Authority for making; (b) Bond to stay collection. Sec. 7. (a) Time of payment. (b) Extension of time for payments. (c) Voluntary advance payment. Sec. 8. Withholding of tax at source. Sec. 9. Tax a personal debt. Sec. 10. Period of limitation upon assessment and collection. (a) General rule; (b) False return; (c) Waiver; (d) Collection after assessment. Sec. 11. Refunds. Sec. 12. Closing agreements. Sec. 13. Compromises. (a) Authority to make; (b) Concealment of assets; (c) Compromise of penalties and interest. Sec. 14. Definition of "person". Sec. 15. Payment to Collector and receipts. P ,P. s 3 TITLE XIII-PENALTIES AND INTEREST Sec. 1. Failure to file return. Sec. 2. Interest on deficiencies. Sec. 3. Additions to tax in case of deficiency. (a) Negligence; (b) Fraud. Sec. 4. Additions to tax In case of nonpayment. (a) Tax shown on return. (1) General rule. (2) If extension granted. (b) Deficiency. Sec. 5. Time extended for payment of tax shown on return. Sec. 6. Penalties. (a) Willful violation; (b) Definition of "person". Po' . . ' TITLE XIV-LICENSES Sec. 1. Requirement. Sec. 2. Duration. Sec. 3. Licenses to be posted. Sec. 4. Where a corporation or unincorporated business has no office or place of business in the District, agent or employee shall carry certificate or license. Sec. 5. Revocation. Sec. 6. Renewal. Sec. 7. Penalty for failure to obtain license. Ped, P. s. TITLE XV-APPEAL Sec. 1. Appeal to the Board of Tax Appeals for the District of ColumbiaL See. 2. Election of remedy. Pap. Pa. TITLE XVI-RULES AND REGULATIONS

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