Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1911-08-04

manner and form and setting forth
suoh facts az said commission shall!
deem necessary to enforce the provI.
sions Of this act, Such statement shall
Of the president, vice-president or other
principal officer and the treasurer OF
said corporation, joint stock company
or association.
/ 4. Whenever In the judgment of this
assessor of incomes any person In n1s
district other than corporation, joint
stock company or association snail ps
visions OF this act, he shall require such
person to make report In such manner
and form as the tax commission may
among other items the amount Of in.
come received from services. unsecured
notes, mortgages, bonds. stocks, real
estate and other such information Ga
| the commission shall deem necessary TO
| enforce the provisions of this act.
s. Every guardian, trustee, executor,
administrator. agent or receiver. ano
every other person or corporation act
ing In fiducfary capacity, shall maks
and render to the assessor OF incomes
of the district in which such represen-
tattve resides. a verified list or return
as aforesaid Of the amount Of income
Of any such person, ward or benehclary
1.-The return SO made shall be signed by
the person rendering it, and by the
president or secretary thereof IL cor
tpOratiOn.
s. For each question unanswered the
assessor or deputy assessor. talIlng 70
present satisfactory cause for. such
| shall be subject to a penalty or nVe
| dollars, and said penalty shall pe des
| Quoted from the Compensation of said
Section 1087mM11. [. Whenever cyl
denoe shall be- produced before the
state tax commission, which IN the
opinion Of the commission. justifless II the
belief that in any ono or more OF inc
three next previous years the returns
made by any corporation JOINT STOCK
! or are made with false or fraudulent
| intent, or when any corporation Jo1h !
stock company or association has IalIed
Tor refused to make a return as re-
Quired by law the state tax commas
| sion may require from every such cor
| poration, joint stock company or asso-
| citation such further information with
reference to it's capital income, losses,
expenditures and business TRANSACTIONS
as Is deemed expedient. Upon the IN
| formation so required the STATE TAX
| commission may make SUCH ADDITIONS
or corrections to the assessment as is
| deemed true and just, such correctlon
| to be made in the next tax levy. Wnen-
| ever the state tax commission shall so
! increase or make subject to tax any in
| come, it shall give notice in writing to
| the person liable for the payment OF
the tax on said income of the amount
| Of the assessment. Such notice may Dc
| served by registered mail
| 2. In case any return made by any
| corporation, joint stock company or as
sociatiOn is made with false or fraudu-
| lent intent or in case of refusal or
neglect to make q return as required
| by law, and an additional amount 1s
discovered, the amount SO dlscoFereq
| shall be subject to twice the original
| rate. The amount so added to the tax
shall be collected at such time ana IN
! such manner as may pc designated ny
| the state tax commission. s, -
| of NEGLECT OcCaSlOnGu by
| the sickness or absence of an officer or
! any corporation, joint stock company
return, or for other sufficient reason,
the state tax commission may allow
| such further time for making and de-
| livering such return as It may oeem
necessary, not to exceed thirty days
/ L. If any of the corporations, JOINT
| stock companies or associations afore-
| said shall fail or refuse to make re-
| turn at the time or times hereinbefore
| specifed in each year, or shall render
q false or fraudulent return, such cor
poration, joint stock company or asso :
| citation shall be liable 10 penalty OF
not less than one hundred dollars and
not to exceed five thousand dollars at
| the discretion Of the court
| s. Any officer of q corporation, Joint
| stock company or association required
| by law to make, render, sign or verify
| any return who makes any false or
| fraudulent return or statement with
| intent to defeat or eVade the assess
| shall upon conviction be fined not to
exceed five hundred dollars or be I'M
prisoned not to exceed one year, or
both, at the discretion of the court,
with the cost of prosecution.
| Section 1O87m-12. /. Whenever the
| assessor of incomes or the county board
Of review herein provided Tor shall
| have reason to believe that in any one
or more of the three next previous
years the returns made by any person
other than a corporation, joint stock
| company, or association are incorrect or
are made with false or fraudulent in
tent or when any such person mas
failed or refused to make d return as
required by law, the assessor or county
board Of review shall make such addi-
tions or corrections to the next assess
ment as he or they shall deem true and
just. Whenever the assessor or the
| county board OF review shall so in
crease or make subject to tax any in
come he or they shall give notice in
writing to the person liable for the
payment Of the tax on said income OF
the amount Of the assessment SUCH
notice may be served by registered
mail.
| q In case any return made by any
person other than a corporation, JOINT
stock company or association is made
with false or fraudulent intent, or In
case Of refusal or neglect to make a
return as required by law, and an ad-
amount so discovered shall be subject
to twice the original rate.
| 3. Any person, other than corpora
ton Joint stock company or associa-
ton who fails or refuses to make re-
turn at the time hereinbefore spec1hed
in each year or shall render false or
fraudulent return shall upon conviction
be fined not to exceed five hundred dol
lars, or be imprisoned not to exceed one
year or both, at the discretion Of the
court. together with the cost Of prose
cutton.
| Section 1O87m-13. Any corporation,
Joint stock company or association sub
iect to assessment by the state tax
commission, feeling aggrieved by the
decision of said commission regarding
the assessment Of it's income, shall be
| granted the same rights of hearing and
appeal as are now granted corporations
assessed by said commission
Section 1087m-14. The state tax
commission shall appoint three resident
tax payers Of each county to serve as q
county board OF review, and shall fix
their compensation, which shall not be
more than ten dollars per day, and
shall be audited and paid In the same
manner as the salary of assessors under
this act Is paid.
| Section 10S7m-15. The county clerk
shall be clerk of such board and shall
keep an accurate record Of all proceed
inEs thereof, including a correct record
of all changes in the assessment rolls
made by the board The county clerk
shall take full minutes Of all evidence