The Birmingham age-herald., 1919-12-28
NOTICE TO BE MAILED

NOtlCE IO BE MAILED The income tax is assessed by the state tax commission, notice thereof under reg istered letter or to be mailed to the tax payer, who shall have 90 days after date of mailing such notice in which to an-
 pear before the state tax commission and show such assessment is not correct if he believes it to be incorrect Income taxes arS payable between De- tober l and the first day of the fol- lowing year.
 Income tax returns shall be retained in the office of the state tax commission and shall not be open to public inspec- tion.
 Failure to make income tax return within the time specified subjects the taxpayer upon conviction of a rnisde- meanor. of a fine of not less than BIO nor more than sio00. and wf1fully false or l fraudulent return the state TaA commis- | sion may add penalty up to g per {! cent.
 1 The income tax is a lien upon all prop- l erty owned by the taxpayer until it is paid.
 PROVISIONS OF FEDERAL LAW 1 The federal income tax act provides: 1 Every individual having net income for ] taxable year of $1O00, or over if single. or l if married and not living with husband Or wife. of 5000, or over if married and iliving with husband or wife, shall make under oath return. If husband and
 wife living togetHer have aggregate net incame of $2oo0 or more, each shall make return. If taxpayer unable to make re- l turn, it shall be made by agent or person
 ct arged with his person or property.
 Every partnership shall make sworn
 return showing items of gross income and deductions. including names and ad- nf ind vii lc laI
 net income if distributed, and distribu-
 tive share of each individual It may be sworn to by one partner l Every fduciary except receivers ap-
 pointed by law in possession of, part only of property of individuaD shall make
 sworn return for individual. estate or trust fir which he acts OD if net income Of
 such individual is $1000. over if single, Or if married and not living with hus- band or wife. or 5000 or over if married | and living vita husband or wife O. (2} l if net income of-estate or trust is s1O0O or over or any beneficiary is non-resi- dent alien, with items of gross income
 deductions and credits. One of joint bene- | hciaries may make return, and shall
 make cath that he has sufficient knowi- 1 edge O. affairs to make it, and that he believes it true Fiduciaries subject to provisions of act applicable to ind;vid- uals. t J Returns must be made on or before | March 15 of each year. ORGANIZATIONS EXEMPTED 1 / Following organizations are exempt: !; d) Labor, agricultural or horticultural
 organizations.
 ] @ Mutual savings banks--no ca ptal stock by sha res
 I f9 Fraternal beneficiary societies ord CTS or associations (a) under lodge sys- tenn or for exclusive benefit of members 1 of fraterity under lodge system. and (b) providing for lie, sick. accident, or other benefits to mernters or dependents. CD Domestic building. and loan associa- tions and cooperative banks without cap- ital stock for mutual purposes without profit
 (5) Cemetery companies exclusively fo, benefit of members.
 (6 Corporations exclusively for relig- ious, charitable, scientific or educational purpo ses, or precention of cruelty to children or animals no part of net earn ings Of which inure to benefit of any private stockhol,ler or individual @ Business leagues, etc, not for profit, no part of net earnings Sof which inure to benefit of any private stoclSholder or individual (s) Civic league, etc. not for profi', but exclusively for social welfare 60 Ciuts exclusively for pleasure and
  earnings of which inure to benefit of any private stockholder or member, M 19 Farmers CT other mutual hail. cy- lone CT fire insurance companies ditch o:' irrigation companies, mutual or co-opera- tive telephone companies. or like organi- cations of purely local character, sole i'i- come of which is assessments, etc. from members to meet expenses 11) Farmers. fruit growers or like as- sociations sales agents for marketing nroduc.s of members and turning back 70 them proceeds of sales, less expenses, on basis of quantity of produce furnished
 12) Corporations for exclusive purpose of holding title 10 property. collecting in come and turning over amount, less cx- penses, to an organization exempt from tax.
 us) federal land banks and national farm loan associations.
 dD Personal service corporations.
 Gross and net incomes are defined same as in the state act, which follows closely the federal act, in all provisions of tlie income tax article in so far as applicable. Deductions also are similar.
 The federal income tax may be paid in four equal 1nstallments, the state law differing in this respect from the federal act.