Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1894-11-08

which his district lies; and when tht
person intended to be summoned does
not reside and cannot be found within
such state, he may enter any collection
district where such person may be
found. and there make the eXamina-
ton herein authorized And TO this
end he may there exercise all the au-
thority which he might lawfully exer-
else in the district for which he was
commissioned.
Sec S1l6. When any person. cor
pOratlon. company or association re
fuses or neglects TO render any return
or list required by law. or renders a
! false or fraudulent return or list. the
collector or any. deputy collector shall
make. according to the best informa-
ton which ne can obtain. including
that derived from the evidence elected
by the examination of the collector
and on his own view and information.
such list or return, according TO the
form prescribed. of the income. prop
erty and objects liable to tax owned
or possessed or under the care or
arrangement of such person or corpor-
alton company or association. and the
commissioner of internal revenue shall
assess ali taxes not paid by stamps.
including the amount, if any, due for
special tax. income or other tax. and
III case of any return of a false or
fraudulent list or valuation intention
ally, he shall add 100 per centum to
such tax: and in case of refusal or
neglect except in cases of sickness or
absence, to make a list or return. or to
verify the same as aforesaid he shall
add 80 per centum to such tax. In
case of neglect occasioned by sickness
or absence as aforesaid. the collector
may allow such further time for MAX
Ing and delivering such list OF return
as he may deem necessary. not ex.
ceeding thirty days. The amount so
added to the tax shall be collected at
the same time and in the same man
ner as the tax unless the neglect or
falSity is discovered after the tax has
been paid, in which case the amount !
so added shall be collected in the same |!
manner as the tax; and the list or re-
turn so made and subscribed by such |
collector or deputy collector shall be |
held prima facie good and sufficient
for all legal purposes"
Sec. 80. That every corporation.
company or association doing business
for profit shall make and render to the
collector of its collection district, on or
before the first Monday of March in
every year, beginning with the year
1879, full return, verified by oath or
in such form rs the COM
missioner of internal revenue may pre-
scribe. of all the following matters for
the whole calendar year last preceding
the data of such return:
First-The gross profits of such Cor
poration, company or association, from
all kinds of business of every name l.
md nature.
Second-The expenses of such cor
poration, company or association. ex-
elusive of interest, annuities and divi-
bends. ...
Third-The net profits of such cor
poration. company or association, with
out allowance for interest, annuities or
dividends.
count of interest, annuities and divi-
bends, stated separately.
Fifth-The amount paid i'll salaries /
Of $4,000 Or less to each person en-
ployed.
SlXth-The amount paid III salaries
Of more than $4,000 to each person en-
ployed and the name and address of
each of such persons and the amount
paid to each
All state, county, municipal and
town taxes paid by corporations, COM
panies or associations shall be in
Guided in the operating and business
of such corporations, COM
panieS or associations.
Sec. SO. That it shall be the duty of |
every corporation. company or associa- !
ton doing business for profit to keep
full, regular and accurate books of ac-
count upon which all its transactions
shall be entered from day to day, in
regular order and whenever a collector
or deputy collector of the district in
the district in which said corporation, ,
company or association is assessable
shall believe that true and correct re-
turn of the income of such corporation, !
or association has not been
made, he shall make an affidavit of !
such belief, and of the grounds on
which it is founded, and file the same ,
with the commissioner of internal rev.
enue, and if said commissioner shall, !
on examination thereof, and after full /,
hearing upon notice given to all par
ties, conclude there is good ground for
such belief, he shall issue a request
in writing to such corporation, COM
pany or association to permit an in
spection of the books of such corpora
ton, company or association to be
made, and if such corporation, COM
pany or association shall refuse to CON-
ply with such request then the col
lector or deputy collector of the dis
trict shall make from such informa-
ton as he can obtain an estimate Of
the amount of such income. and then
add 80 per centum thereto, which said
assessment so made shall then be the
lawful assessment of such income.
TOLD OF A DOG.