1 shall be levied, collected, and paid in said islands, upon 2 articles imported from the United States, a tax equal to the 3 internal-revenue tax imposed in said islands upon like articles 4 there manufactured; and such articles going into said islands 5 from the United States shall be exempt from payment of any 6 tax imposed by the internal-revenue laws of the United 7 States.

8

SEC. 1101 1001. That all administrative, special, or 9 stamp provisions of law, including the law relating to the assessment of taxes, so far as applicable, are hereby extended

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to and made a part of this Act, and every person, corporation, 12 partnership, or association liable to any tax imposed by this 13 Act, or for the collection thereof, shall keep such records 14 and render, under oath, such statements and returns, and 15 shall comply with such regulations as the Commissioner of 16 Internal Revenue, with the approval of the Secretary of the 17 Treasury, may from time to time prescribe.

18

SEC. 102 1002. That where additional taxes are im19 posed by this Act upon articles or commodities, upon which 20 the tax imposed by existing law has been paid, the person, cor21 poration, partnership, or association required by this Act to 22 pay the tax shall, within thirty days after its enactment, make 23 return under oath in such form and under such regulations as the Commissioner of Internal Revenue with the approval of 25 the Secretary of the Treasury shall prescribe. The tax-shown

24

1 to bedue by such return shall-be-collected, by 233993ment, and 2 paid on or before November first, nineteen hundred and

3

seventeen. Payment of the tax shown to be due may be ex

4 tended to a date not exceeding four months from the enactment

5

of this Act, upon the filing of a bond for payment in such form 6 and amount and with such sureties as the Commissioner of

7 Internal Revenue, with the approval of the Secretary of the 8 Treasury, may prescribe.

9

SEC. 1193 1003. In That in all cases where the method 10 of collecting the tax imposed by this Act is not specifically 11 provided, the tax shall be collected in such manner as the Com12 missioner of Internal Revenue with the approval of the Sec13 retary of the Treasury may prescribe. All administrative and 14 penalty provisions of Title VIII of this Act, in so far as appli15 cable, shall apply to the collection of any tax which the 16 Commissioner of Internal Revenue determines or prescribes 17 shall be paid by stamp.

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SEC. 1191 1004. That whoever fails to make any return 19 required by this Act or the regulations made under authority 20 thereof within the time prescribed or who makes any false or fraudulent return, and whoever evades or attempts to evade any tax imposed by this Act or fails to collect or truly to account for and pay over any such tax, shall be subject to a 24 penalty of not more than $1,000, or to imprisonment for not more than one year, or both, at the discretion of the court,

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1 and in addition thereto a penalty of double the tax evaded,

2

or not collected, or accounted for and paid over, to be assessed

3 and collected in the same manner as taxes aro assessed and

4 collected, in any case in which the punishment is not other

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6

wise specifically provided.

SEC. 105 1005. That the Commissioner of Internal 7 Revenue, with the approval of the Secretary of the Treasury, 8 is hereby authorized to make all needful rules and regula9 tions for the enforcement of the provisions of this Act.

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SEC. 106 1006. That where the rate of tax imposed by

this Act, payable by stamps, is an increase over previously 12 existing rates, stamps on hand in the collectors' offices and in 13 the Bureau of Internal Revenue may continue to be used until 14 the supply on hand is exhausted, but shall be sold and ac15 counted for at the rates provided by this Act, and assessment 16 shall be made against manufacturers and other taxpayers 17 having such stamps on hand on the day this Act takes effect 18 for the difference between the amount paid for such stamps 19 and the tax due at the rates provided by this Act.

20

SEC. 107 1007. That (a) if any person, corporation, 21 partnership, or association has prior to May ninth, nineteen 22 hundred and seventeen, made a bona fide contract with a 23 dealer for the sale, after the tax takes effect, of any article 24 (or, in the ease of moving pieture films, such a contract with 25 a dealer, exchange, or exhibitor, for the sale or lease thereof)

1 upon which a tax is imposed under Title III, IV, VI, or X 2 IX, or under subdivision thirteen fourteen of Schedule A of 3 Title VIII, or under this section, and (b) if such contract 4 does not permit the adding of the whole of such tax to the 5 amount to be paid under such contract, then the vendee er 6 lessee shall, in lieu of the vendor or lesser, pay so much of 7 such tax as is not so permitted to be added to the contract 8 price.

9

The taxes payable by the vendee or lessee under this 10 section shall be paid to the vendor or lessor at the time the 11 sale or lease is consummated, and collected, returned, and 12 paid to the United States by such vendor or lesser in the same manner as provided in section five hundred and three.

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14

The term "dealer" as used in this section includes a 15 vendee who purchases any article with intent to use it in 16 the manufacture or production of another article intended 17 for sale.

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SEC. 108 1008. That in the payment of any tax under 19 this Act not payable by stamp a fractional part of a cent shall 20 be disregarded unless it amounts to one-half cent or more, 21 in which case it shall be increased to one cent.

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SEC. 1009. That the Commissioner of Internal Revenue, 23 with the approval of the Secretary of the Treasury, may, 24 under regulations prescribed by him with the approval of 25 the Secretary of the Treasury, require all internal-revenue

1 taxpayers, who are required by law to render returns, to pay 2 without prior levy, assessment, or notice, and at the same time 3 as the return is required to be made, or in monthly installments 4 thereafter, any such internal-revenue tax or portion thereof, 5 any provision of law fixing any other time as the time when 6 such tax is due to the contrary notwithstanding: Provided, That the whole of such tax shall be paid before the expiration 8 of the time fixed by law for such payment. All penalties 9 provided by existing law for failure to render return and pay 10 tax when due are hereby made applicable to any failure to pay 11 the tax at the time required by such regulations.

7

12

SEC. 1010. That collectors of internal

revenue are

13 authorized to receive at par certificates of indebtedness issued 14 under section six of the Act entitled "An Act to authorize an 15 issue of bonds to meet expenditures for the national security 16 and defense, and, for the purpose of assisting in the prosecu17 tion of the war, to extend credit to foreign governments, and 18 for other purposes," approved April twenty-fourth, nineteen 19 hundred and seventeen, and uncertified checks in payment of 20 income and war profits taxes, during such time and under 21 such regulations as the Commissioner of Internal Revenue, 22 with the approval of the Secretary of the Treasury, shall 23 prescribe; but if a check so received is not paid by the bank on 24 which it is drawn the person by whom such check has been 25 tendered shall remain liable for the payment of the tax and for