Chapter 120. To provide for refund or abatement under certain conditions of penalty taxes imposed by section thirty-eight of the Act of August fifth, nineteen hundred and nine, known as the special excise corporation-tax law
329 words·~1 min read·
/statutes-at-large/vol-37/chapter-120-3177941·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 120.— An Act To provide for refund or abatement under certain conditions of penalty taxes imposed by section thirty-eight of the Act of August fifth, nineteen hundred and nine, known as the special excise corporation-tax law.March 3, 1913.[[H. R. 27323](/us/bill/62/hr/27323).][[Public, No. 422](/us/pl/62/422).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,Corporation tax.Vol. 36, p. 116.Refund of additional tax authorized.
That any corporation, joint-stock company, association, or any insurance company subject to the special excise tax provided by section thirty-eight of the Act of August fifth, nineteen hundred and nine, known as the special excise corporation-tax law, which has been or may be compelled to pay or become liable for any additional tax within the provisions of subsection five of said section thirty-eight, which additional tax has been or may hereafter be imposed for a neglect to file a return as provided in said corporation-tax law on or before the first of March of any year, may, within one year after the passage of this act, or within one year after the date of notice of assessment where such notice is given after the passage of this act, make application to the Commissioner of Internal Revenue for a refund of such additional tax.
Payment if neglect unintentional.And the Commissioner of Internal Revenue, with the advice and consent of the Solicitor of Internal Revenue, is hereby directed to remit, abate, or pay back all such additional taxes in excess of $100 for any single year whenever in any case it appears to his satisfaction that the additional tax was assessed or imposed solely because of a neglect to make a return at the time or times specified in said act, and without any intention or design on the part of any officer of such corporation, joint-stock company, association, or insurance company to hinder or delay the United States in the collection of the tax originally assessed.
Approved, March 3, 1913.