Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1909-08-18


Ior the year from business transacted
and capital invested within the United
states and any of It's territories.
Alaska and the District of Columbia
Fears to the gross amount of its in
come derived from all sources within
and without the United States. (sev-
entnl the amount paid by it within the
year Tor taxes imposed under the
authority OF the United States or auv
state or territory thereof. and sonar.
ately the amount so paid nv II for
taxes imposed by the government nf
any foreign country as a condition 10
carrying on business therein; feigbtbl
the net income of such Corporation
joint stock company or assoeiation
or insurance company, after making
the deductions in this section autbor.
lied. All such returns shall as 70.
ceiyed be transmitted forthwith BY the
collector to the commissioner of in
ternal revenue.
Fourth, Whenever evidence shall he
produced before the commissioner of
internal revenue which in the opinion
OF the commissioner justifies the he.
lief that the return made by any cor.
poration, joint stock comptny or as.
soclation, or insurance company. is
incorrect, or whenever any collector
shall report to the commissioners of
internal revenue that any corporation
JOINT stock company or association
or insurance company, has failed 10
make return as required by law, the
commissioner of internal revenue NAV
require from the corporation. Joint
stock company or association. or in.
surance company making such return,
such further information with refer.
ence to its capital. income, losses, and
expenditures as he RAY deem expe.
dlent: and the commissioner of In.
ternal revenue, for the purpose of
ascertaining the correctness of such
return or for the purpose of making
a return Where one has been made,
is hereby authorized, by any regularly
appointed revenue agent specially
designated by him for that purpose,
10 examine any books and papers hear.
Ing upon the matters required to be
included in the return of such corpor-
alton, joint stock company or assocfa.
ton, or insurance company, and to
require the attendance of any officer
or employee of such corporation, Joint
stock company or association, or in.
surance company, and to take his tes-
timony with reference to the matter
required by law to be included in such
return, with power to administer
oaths TO such person or persons; and
the commissioner of internal revenue
may also invoke the aid of any court
of the United States having iurisdic-
ton to require the attendance of such
officers or employees and the produc-
ton of such books and papers. Upon
the information so acquired the com.
missioner of internal revenue may
amend any r"turn or make a return
where Zone has been made. All pro-
ceedi1Igs taken by the commissioner
OF internal revenue Ut der the proyi.
sions of this section snail be subject
to the approval OF the 81 cretary of the
treasury.
Fifth. All returns shall be retained
by the commissioner If 'n.ernal ri We
nue.. who shall make assessments
thereon; and in case % anv ratufn
made with false or fraudulent intent,
he shall add 100 per centum of such
AK, and in case of a refusal or neg
lect to make return or to verify the
same as aforesaid he shall add so
per centum of such tax. In case of
neglect occasioned by the sickness or
absence of an officer of such corpor.
alton, joint stock company or associa.
ton, or insurance company, required
to make said return, or for other suf-
ficient reason. the collector may al.
low such further time for making and
delivering such return as he may deem
necessary, not exceeding 80 days.
The amount so added to the tax shall
be collected at the same time and I'm
the same manner rs the tax origin.
0is aSoCOoGu unlSSS FS1uSdl, neg
lect, or falsity is discovered after the
date for payment of said taxes, in
which case the amount so added shall
be paid by the delinquent corporation,
joint stock company or association, or
insurance company, Immediately upon
notice given by the collector. All as
sessments shall be made and the sew
eral corporations. joint stock compan-
les or associations. or insurance com
panies. shall be notified of the amount
for which they are respectively liable
On or before the first day of June of
each successive year, and said assess
ments shall be paid on or before the
thirtieth day of June except in cases
of refusal or neglect to make such
return. and in cases of false or fraud.
ulent returns, in which cases the COM
missioner of internal revenue shall,