Omaha daily bee., 1912-01-20
CORPORATIONS MUST REPORT
Federal Authorities Prepare to Start
Many Suits.
BIG PENALTY is THREATENED


United States Attorney Howell and COL
leetor of Internal Revenue Ross Ham
mond have begun campaign against the
corporations in the Omaha district OF Ne
braska who have not made their 1910 re-
port upon the amount OF busines trans
acted by them. as required by the recent
act OF congress, which provides for a cor
poratlon tax law. There are fifty-eIght
OF these and suits to recover the $4,000
penalty provided for In each case will be
started as soon as the attorney and his
assistant can draw them up. unless the
cases are settled before they get into
court.
All corporations showing a profit Of
over si,o1l per annum are taxable. and
The cofpora rations. large and small, have
from January ! TO March 1 in which to
file a report Up to the first of the Year
there were nearly Loo who had not made
returns for 1916 but by threatening
TO sue for the maximum penalty this
number has dwindled TO fifty-eieht.
These have absolutely ignored the govern
nlent officials demands for the report
and suit viii be commenced at once.
IF We wished 10. we could have filed
the suits Immediately after March
lsii.f said Attorney Howell. but VIC have
allowed them several months more time
| In which TO do something which should
have been done year ago a number
have compromised and 1t is not too late
yet for these fifty-eight. but when once
suit is started the full penalty Of $4,000
will be asked for In each case.
rThese reports must be filed, and al
though 1t Is too late to escape punish
ment for delinquency. the government
viii give the opportunity to compromise
before the case is taken to court"
Some Of the corporations against which
suits will be started have become bank
rupt or disorganized. and still others are
concerns which have not made the $500
profit. These, however. win have 10 stand
! for punishment, for the law says that the
report must be filed whether 9 profit Is
made or not. or whether the concern
breaks up or dissoiyes.
/ Delinquent List.
North Platte Gas and Electric company.
/ North Platte.
Paxton & Elsie Telephone Co. Paxton
| Lincoln Implement and Transfer COM
pany, Lincoln.
The Audit company. Omaha
The Automatic Switch company. Lin
coin.
Benson Ice and Coal company. Benson.
c. B. IS. Pole and Neckyoke Manu-
featuring company. Brady.
Cushman Power spray company. Lin
coin.
| Franklin Creamery company. Franklin.
Jones Merry Mixer and Novelty com
pany, South Omaha.
LiAcoln steam Paste company. Lihcoln.
Luebbea Baier company, Beatrice.
Martin a Martin, printers, Omaha.
| Nebraska Brick and Tile company. Te-
kanlah. Neb.
Nebraska MIX Pssteurizer company.
Omaha.
!, Omaha Plating company, Omaha.
Plate Gravel company, Omaha.
Steinauer Milling company, Steinaner.
wageworker Publishing company, L4n-
D. L. Williams SsddIery company, Ord
Anderson Land. Lumber Construction
and Material company. Gothenourg-
Bloomfield Drug company, Bloomfield.
Bridgeport Lumber company, Bridge
Clarke Land and Loan company, Omaha.
Farmers Mercantile company. Elk
Greek.
Farmers Grain and Live Stock $3.50
/ CATION Belgrade.
Herkos Brokerage company. Omaha.
Janison Townsits company. ssmison-
| Johnston Land and Fiber company.
Omaha.
Lincoln Commission company. Lincoln.
Cantured On Seeend Pagel