The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-03-30
GREATER PENAL Ties
I. IF PAY Is DELAYED
COMPROMISE OFFERS OPEN
Those Who Have Neglected Their
Reports May Be Let Down Easily,
But Prosecution Faces Prorasti-
nator.

Unless corporations and individuals
who have failed to make returns
under the new Federal income tax
law shall do so at an early date they
are liable to prosecution In the
United States District Court here
Penalties are provided for failure to
report or to pay the tax and the gov
ernment is just now making compro-
mise concessions to both corporations
and individuals. Those who take ad-
vantage of these compromises may
save hundreds of dollars as the pen
atty for failure to comply with the
law ia from a minimum of $50 to ST.
600, to much higher maximums.
The schedule OF compromise re-
ceived by Internal Revenue Collector
Il. c. L. Moncure yesterday lis as fol-
lows:
For penalty on unpaid and unre-
ported tax for 1914: $40 on corpora
tons and SIS on individuals
For penalty on unpaid and unre
ported taxes for both the years 1914
corporation or individual.
For penalty on unpaid and unre-
ported taexs for both the years 1914
and 1915: $50 on corporations and
SIS on individuals.
Returns Due March 4.
These returns are due March / Of
each year. There are between fifty
and sixty individuals and corporations
in Richmond who failed to report
TO the government on income tax.
These concerns are liable to heavy
fines and prosecution unless they take
advantage of the compromise offer.
They are listed In the office of the in
ternal revenue collector as delinquent
The government desires to settle these
claims without legal process,
For the year 1915 there are between
500 and SOC local indiEiduals and
corporations who have not reported.
Those who have failed for two years
are liable to heavier compromise pay
ments or to heavier fines II prose-
cuted in the courts.
Collector Moncure is especially
anxious to avoid the necessity Of TAX
ing any of these claims to court. He
has refused the newspapers the
names of those who are on the de-
linquent list. but cannot keep them
from the public after they reach the
United States court In some In
stances failure to comply with the
law Is due to carelessness. II Is an
ever. and may result In the delinquent
having to face the district court
judge,
Compromise Is Limited
The compromise terms are only
available to those who show they have
not willfully neglected to comply with
the income tax law. Those who have
refused wilfuliy will be heavily dealt
with.
In many instances Collector Mon
cure has been offered $40 for COM
promise for the neglect to pay the
1915 tax. The compromise for the
year 1915 is $50, and the collector
has refused tn accept such offers, as
he cannot do 40 under the law.
Ii is the purpose OF the government
to gradually enforce the income tax
law. without harshness. but with the
determined purpose to see that such
such tax is paid. Hence the penalty
is smaller for 1874. and is gradually
increased. Later neglect to pay this
tax will not be so lightly dealt with.
As II is new law and has often been
misunderstood the purpose OF the
government Is to afford every indi-
vidual and corporation fair treatment
in making an honest settlement.