The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-06-26

and 31st days of July of each year. In
such form as the Treasurer of the Terri
tory may direct, to the assessor of the
division in which such persons or corpor-
atoms reside, locate or do business of the
amount of their or its income, gains and
profits as aforesaid; and all guardians,
trustees, executors, administrators,
agents, receivers, and all corporations Or
persons acting in a fiduciary capacity,
shall make or render a list or return as
to the assessor of the division
in which such person or corporation act
ing in fiduciary capacity resides or does
business of the amount of income, gains
and profits of any minor or person for
whom they act, and the assessor shall
require every list or return to be veri-
fed by the oath or affirmation of the
person or authorized officer of the cor
poration making the same.
If any person or corporation refuse or
neglect to render such return within the
time required as aforesaid, or renders a
return which in the opinion of the as
SCISSOR is false and fraudulent or con-
tains any understatement, it shall be
lawful for the assessor to summon such
person, of any of the officers of such
corporation or any person having posses
sion, custody or care of books of ae-
counts containing entries relating to the
or any other person he may deem prop
er, wherever residing or found, to appear
before him and produce such books at
time and place named in the summons,
and to give testimony or answer inter-
rogations under oath respecting any In
come liable to tax or the returns thereof.
False, wilful testimony given before such
assessor shall be deemed perjury and
punishable as such.
Section 7. 1t shall be the duty of every
person or corporation doing business for
profit to keep full, regular and accurate
books of accounts upon which all its
transactions shall be entered from day to
day in regular order, which books shall
be open to the inspection of the assessor
OF the division or any person authorized
by him to inspect the same, during bust
ness hours.
Section s. When any person or corpor-
alton having taxable income refuses or
neglects to render any return or list re-
quired by law or decline to take oath or
affirmation thereto the assessor may
make such assessments as he may con-
slider just and the same shall be binding
and conclusive upon all parties and shall
not be subject to appeal. In case of any
false or fraudulent return or valuation
by any taxpayer the assessor shall add
200 per cent to just valuation of the
income of such taxpayer and the amount
of the tax assessed on such increase
shall become part of the tax on the said
income.
Section 9. Any person or corporation
who or which has made a legal return as
aforesaid may appeal from the amount
assessed TO the Tax Appeal Court con-
stituted under Act 81 of the Session Laws
of 1896, in like manner as allowed in case
of property tax appeals and the said
court is hereby authorized to hear and
determine such appeals subject to the re-
vision of the Supreme Court as provided
in the case of property taxes. Where the
words valuation of property or similar
words occur in said Act concerning sucn
appeals the words amount of taxable
income shall be understood in all pro-
ceedings in regard to appeals from as
sessment or judgments in income tax
matters. Any person or corporation ap-
pealing from the assessment of the as
SCISSOR shall lodge with the assessor on
or before the 1st day of october of each
year notice in writing of his intention
TO appeal and the grounds of such appeal,
and deposit with him the costs of appeal
as prescribed in case of property taxes
which cost shall be subject to the reg
ulations prescribed in said Act. The said
Tax Appeal Court shall sit for hearing of
Act between the 5th and 18th days of Oc-
tober of each year.
Section 10. The taxes on income impoS-
ed shall be due and payable on or before
the 18th day of November of each year;
and any sum or sums annually due and
unpaid after the said 18th day of NO
vember shall have added thereto 10 per
cent on the amount which shall be
and become a part of such tax. Interest
q Fql
be added ia the amount of such tax ana
penalty from the time same shall become
due.
All the powers, authorities and rights
to compensation by chapter 81 of the Ses-
sion Laws of 1896 conferred on the Tax
Appeal Court constituted under the au-
thority of said chapter for hearing and
determining appeals duly taken thereun-
der are conferred on said court for hear
ing and determining appeals under this
Act, and all the powers, authorities and
duties contained in or enacted by said
chapter four levying, assessing, collect
ing, receiving and enforcing payments OF
the tax imposed under the authority Of
said chapter and otherwise relating
thereto shall be severally and respect
lively conferred, practiced and exercised
for levying. assessing collecting and re-
cefving and enforcing payment of the
tax imposed under the authority OF TINS
Act. as far as the same shall not be sn-
perseded by, and shall be consistent with
the express provisions Of this Act, as
fully and effectually to all fntents and
purposes as If the same powers and au-
thorities were repeated and re-enacted in
the body of this Act with reference to
said tax, and all and every the regula-
tons of the said chapter, except as
aforesaid, shall be applied, construed,
deemed and taken to refer to the tax i'm
posed under the authority of this Act.
in like manner as If the same had been
enacted herein. The assessments made
under the authority of this Act and the
assessment books and delinquent tax
lists made in accordance with the provi-
sions of said chapter 81 Of the Session
Laws OF 1896 shall be prima facie evil
dence of the correctness of the tax i'm
posed under this Act in any case.
Section II. The Treasurer of the Terri
tory shall furnish the several assessors
all necessary books, blanks and staten
cry TO carry out the provisions of this
Act.
Section L. Act 65 Of the Session Laws
of 1896 is hereby repealed.
r. fT=.,.