Page:United States Statutes at Large Volume 68A.djvu/807

 CH. 63—ASSESSMENT

767

CHAPTER 63—ASSESSMENT SUBCHAPTER A. In general. SUBCHAPTER B. Deficiency procedures in the case of income, estate, and gift taxes.

Subchapter A—In General ^

Sec. 6201. Assessment authority. Sec. 6202. Establishment by regulations of mode or time of assessment. Sec. 6203. Method of assessment. Sec. 6204. Supplemental assessments. Sec. 6205. Special rules applicable to certain employment taxes. Sec. 6206. Cross references.

SEC. 6201. ASSESSMENT AUTHORITY. (a) AUTHORITY OF SECRETARY OR D E L E G A T E. — The Secretary or

his delegate is authorized and required to make the inquiries, determinations, and assessments of all taxes (including interest, additional amounts, additions to the tax, and assessable penalties) imposed by this title, or accruing under any former internal revenue law, which have not been duly paid by stamp a t the time and in the manner provided by law. Such authority shall extend to and include the following: (1) T A X E S SHOWN ON RETURN.—The Secretary or his delegate

shall assess all taxes determined by the taxpayer or by the Secretary or his delegate as to which returns or lists are made under this title. (2) UNPAID TAXES PAYABLE BY STAMP.— (A) OMITTED STAMPS.—Whenever any article upon which a

tax is required to be paid by means of a stamp is sold or removed for sale or use by the manufacturer thereof or whenever any transaction or act upon which a tax is required to be paid by means of a stamp occurs without the use of the proper stamp, it shall be the duty of the Secretary or his delegate, upon such information as he can obtain, to estimate the amount of tax which has been omitted to be paid and to make assessment therefor upon the person or persons the Secretary or his delegate determines to be liable for such tax. (B) CHECK OR MONEY ORDER NOT DULY PAID.—In any case in which a check or money order received under authority of section 6311 as payment for stamps is not duly paid, the unpaid amount may be immediately assessed as if it were a tax imposed by this title, due a t the time of such receipt, from the person who tendered such check or money order. (3) ERRONEOUS INCOME TAX PREPAYMENT CREDITS.—If on any

return or claim for refund of income taxes under subtitle A there is an overstatement of the credit for income tax withheld at the source, or of the amount paid as estimated income tax, the amount so over§ 6201(a)(3)

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