Page:United States Statutes at Large Volume 68A.djvu/784

 744

INTERNAL REVENUE CODE OF 1954

value of the outstanding stock of a foreign corporation is owned directly or indirectly (including, in the case of an individual, stock owned by the members of his family as defined in section 544(a) (2)), if such foreign corporation with respect to its taxable year preceding the taxable j^ear in which such month occurs was a foreign personal holding company (as defined in section 552), shall make a return setting forth with respect to the preceding calendar month the name and address of each shareholder, the class and number of shares held by each, together with any changes in stockholdings during such period, the name and address of any holder of securities convertible into stock of such corporation, and such other information with respect to the stock and securities of the corporation as the Secretary or his delegate shall by forms or regulations prescribe as necessary for carrying out the provisions of this title. The Secretary or his delegate may by regulations prescribe, as the period with respect to which returns shall be made, a longer period than a month. In such case the return shall be due on the 15th day of the succeeding period, and shall be made by the persons who on such day are United States shareholders. (2) ANNUAL RETURNS.—On the 60th day after the close of the taxable year of a foreign personal holding company (as defined in section 552) each United States shareholder by or for whom on such 60th day 50 percent or more in value of the outstanding stock of such company is owned directly or indirectly (including, in the case of an individual, stock owned by members of his family as defined in section 544(a)(2)) shall make a return setting forth the same information with respect to such taxable year as is required in paragraph (1), except that, if all the required returns with respect to such year have been made under paragraph (1), no return shall be required under this paragraph. SEC. 6036. NOTICE OF QUALIFICATION AS EXECUTOR OR RECEIVER.

Every receiver, trustee in b a n k r u p t c y, assignee for benefit of creditors, or other like fiduciary, and every executor (as defined in section 2203), shall give notice of his qualification as such to the Secretary or his delegate in such manner and at such time as may be required by regulations of the Secretary or his delegate. The Secretary or his delegate may by regulation provide such exemptions from the requirements of this section as the Secretary or his delegate deems proper. SEC. 6037. CROSS REFERENCES. (1) For the notice required of persons acting in a fiduciary capacity for taxpayers or for transferees, see sections 6212, 6901 (g), and 6903. (2) For application by executor for determination of tax and discharge from personal liability therefor, see section 2204. (3) For the notice required of taxpayers for redetermination of taxes claimed as credits, see sections 905(c) and 2016. (4) For exemption certificates required to be furnished to employers by employees, see section 3402(f)(2), (3), (4), and (5). (5) For receipts, constituting information returns, required to be furnished to employees, see section 6051. (6) For the requirement to print the price of an admission on a ticket, see section 4234. (7) For information required with respect to the redemption of stamps, see section 6805. § 6035(b)(1)

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