The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-06-27
or control Of the person for whom

=. All persons, firms, companies
o copartnerships, corporations, etc.
having the control. recent, disposal
or payment Of fixed or determinable
: annual gains, profits or income OF all
t other person subject to tax arising
t from an annual business relationship
D shall in behalf of such other person
v render separate and distinct return
for each person upon which the nor
NAL tax Is paid at the source.
Exceptions to Returns.
: No return of income not exceeding
1 $500 is required.
Persons liable for the normal tax
, only on their own or anothers ac-
, count shall not be required to make
returns of the income derived from
dividends on capital stock of corpora
lions payable upon their net incomes.
Duty Of Collector Of Internal Revenue.
The collector or deputy shall re-
quire each list to be verified by oath
or affirmation Of the party rendering
it.
i The collector may increase the
amount of any return if he has rem
son to believe that the same Is UNDER
stated.
No such increase shall be made ex-
cept after due notice to such party
and upon proof of the amount under
stated.
In case of disagreement between
the collector and the taxable person
such person may submit the case with
| papers and proof to the commissioner
of internal revenue.
| Assessments.
| All persons shall be notified of the
amount for which they are respect
lively liable on or before June l Of
each year.
Neglected, Fraudulent or False Re.
| turns.
In case of neglect or refusal to
make returns, or in case of fraudu-
lent or false returns, upon the discov-
cry within three years after said re-
turn is due, the commissioner of in
ternal revenue shall make such re-
turn himself.
Time Of Payment
| Said regular assessments shall be
| paid on or before the Both of June
each year.
Assessments made by the commits
sioner of internal revenue are payable
| upon notification.
Penalty for Delayed Payments.
On sums due and unpaid after June
30, or for 10 days after notice and
demand thereof by the collector. there
shall be added 5 per cent to the
amount Of tax unpaid and interest at
the rate of / per cent per month from
the time the same became due.
Exceptions.
| Incomes from the estates of insane,
deceased, or insolvent persons
Collection at the Source.
! All persons, firms, companies, etc.,
| including lessees or mortgagers of
real or personal property, trustees
acting in any capacity, executors, ETC.,
employers and all officers and en-
ployees of the United States having
control, receipt, custody, disposal or
payment of interest, rent, salaries,
wages, premiums. annuities, compen-
satlon, remuneration, emoluments or
other fixed or determinable annual
gains, profits and income Of another
person exceeding $4,000 for any tax
able year, who are required to make
and render return in behalf of an
other, are hereby authorized to deduct
and withhold such normal tax and pay
it to the United States official au-
thorized to receive the same.
Exception.
| Incomes from the dividends on the
capital stock or net earnings of cor
poration, etc., subject to the normal
tax, are not to be included in the
above.
Liability.
| Each OF the persons, firms, ETC.,
| above enumerated are hereby made
| personally liable for such tax.
Benefit of Exemption.
Where the income tax of a person
| Is paid at the source, the benefit of
the $4,000 exemption shall not be al
lowed unless there shall be filed, not
| less than 30 days prior to the day on
which the return is due, with the per-
son or concern required to make such
payment of tax at the source, an af-
fidavit claiming the benefit of such
exemption.
When taxable persons tax is paid
at the source, If he desires any deduc-
ton for losses, expenses of business,
ETC., he may either file claim together
with return of any other income upon
which the tax is not withheld at the
source, either with the collector or
with the person or corporation with
holding his tax, as the taxpayer may
choose.
Individual Incomes Not Exceeding
Incomes derived from interest on
bonds, mortgages or other indebted
ness OF corporations, joint stock COM
pan1es or associations, insurance
companies.
Securities of the United States not |
now exempt from taxation.
Incomes composed of coupons, |
checks or bills of exchange for or in |
part payment of interest or dividends |
upon stock or obligations of foreign |
corporations, ETC., engaged in business |
in foreign countries.
Interest upon bonds of foreign
countries.
Foreign mortgages or like obliga-
lions not payable in the United States
General Provisions.
No taxable person shall be released
from liability for this tax.
When return is made and his tax
paid at the source no person shall be
required to make a return himself nm