Arizona republican., 1910-02-28
Corporations Everywhere Getting Into Line  UNDER THE NEW TAX LAW
Many Coming in Under Protest-The New York CTS Filing Their Reports With Alacrity Believing That Will Be End of It

Washington, Feb. 27.-Adyices from all over the country indicate that the officials Of the corporations are awakening to the importance of the new corporation tax law. and it is
 not likely that many important con cerns will be delinquent in filing their
 reports. which must be in the office
 of the collector Of internal revenue for the dstrict by Tuesday night
 Every corporation that fails to have Its report. properly filled out, in the hands of the revenue collector by tomorrow. makes itself liable to a
 fine of not less than sI,000 and pos . sibly tl0.0o0.
 New York corporations have gen. erally shown an inclination to com ply with the law. so far as the filing ot reports is concerned, but most Of them do so merely as a matter of form and without any expectation of ever having to pay the tax. which they assume will be declared uncon- stitutional.
 Collector Hertz Of the Chicago dis trict. is reported as saying:
 The spirit shown by most of those we have dealt with is good. Now and then man comes in with q chip on his shoulder. and. as my assistant. Frank IIemstreet, says: When it comes to taxes. s-ve-y man k agatnssl Eiie government. H~ n!cSt of them are reasonable. They know that the matter is to be fought out in the courts. but they don't talk about it. Some of them have expressed themselves strongly in favor of the law and | already have a lot of cheeks. although they don't have to pay until June. These are more num- erous than those who attach pro- test to their return
 Collector McCroach, of Philadel- phia. takes an optimistic view of the law. He says; H
 II do not think that any of these corporations. companies or associa- tionS are holding back their reports with view of resisting the consti- nationality of the law or with an idea that its provisions may he modified by congress. None of the organiza tions affected by the law seems toi fear that its figures will become known to their business rivals or to the public All statements received at this office immediately become the property of the department and are forwarded to Commissioner of Inter- nal Revenue CabeIl. at Washington.
 It is understood that nearly all of the l2,oo0 corporations in Boston district have reported, although many of them do so under portest
 Those" said Chief Deputy Hamil- ton, of Boston, who like to get rid of disagreeable thing, at the earliest opportunity have already re- ported as the law directs; those who put things off to the last minute are now sending in their papers"
 St. Louis corporations will not, Deputy Collector Brodt thinks, pay more than s1.ooO,OOO under the fed eral tax law, and there is a possibil- ity that the total will be as low as s500,000. But if the large railroad and insurance companies. with head quarters at St. Louis, should file their statements here the payments may exceed s1,O00,00O According to prepared by brokers the payments at St. LouIs may exceed 1 ss.goo.Ooo.
 Corporations Of the New Orleans internal revenue district, which com- prises the state of Louisiana, seem to be willing to comply with the new tax statute, although they | are slow in making reports. So far l as is known none of the Louisiana intend to contest the law, l but it seems physically impossible ] that all of the reports shall he in by tomorrow.
 Dispatches from San Francisco. Los Seattle and Portland indl- | cate that the coast corporations are 1 rapidly getting into line and that the returns from that section will be complete on Tuesday.