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abatement accordance addition agreement allowed amended amount amount of tax annuity Appeals application authority bankruptcy become final Board bond calendar cent centum in addition citizen claim collection collector Commissioner computed consideration considered corporation court credit or refund decision deductions deficiency determined donee donor due date evidence excess expiration extension fiduciary filed filing return gift tax gifts in excess granted individual interest Internal Revenue jeopardy assessment judgment less liability lien mailed manner ment month net gifts nonresident notice and demand officer organized paid payment penalties period of limitation person portion prescribed present prior proceeding received receivership records regulations relating resident respect Revenue Act Revised Statutes section 513 secured shown specific stay suit Table tax imposed term thereof tion transfer trust United unless unpaid valuation worth
Page 66 - Commissioner, for the purpose of ascertaining the correctness of any return or for the purpose of making a return where none has been made, is hereby authorized, by any officer or employee of the Bureau of Internal Revenue, including the field service, designated by him for that purpose, to examine any books, papers, records, or memoranda bearing upon the matters required to be included In the return, and may require the attendance of the person...
Page 43 - In the case of a false or fraudulent return with intent to evade tax or of a failure to file a return the tax may be assessed, or a proceeding In court for the collection of such tax may be begun without assessment, at any time.
Page 44 - The period so agreed upon may be extended by subsequent agreements in writing made before the expiration of the period previously agreed upon.
Page 10 - ... posts or organizations of war veterans, or auxiliary units or societies of any such posts or organizations, if such posts, organizations, units, or societies are organized in the United States or any of its possessions, and if no part of their net earnings inures to the benefit of any private shareholder or individual ; (6) the special fund for vocational rehabilitation authorized by section 12 of the World War Veterans
Page 8 - Where property is transferred for less than an adequate and full consideration in money or money's worth, then the amount by which the value of the property exceeded the value of the consideration shall be deemed a gift, and shall be included in computing the amount of gifts made during the calendar year.
Page 65 - Internal revenue tax for any taxable period. (b) FINALITY. — If such agreement Is approved by the Secretary, the Under Secretary, or an Assistant Secretary, within such time as may be stated In such agreement, or later agreed to, such agreement shall be final and conclusive, and, except upon a showing of fraud or malfeasance, or misrepresentation of a material fact...
Page 65 - Every executor, administrator, or assignee, or other person, who pays, in whole or in part, any debt due by the person or estate for whom or for which he acts before he satisfies and pays the debts due to the United States from such person or estate, shall become answerable in his own person and estate to the extent of such payments for the debts so due to the United States, or for so much thereof as may remain due and unpaid.
Page 13 - The value of the property is the price at which such property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell, and both having reasonable knowledge of relevant facts.
Page 61 - ... or paid to him, and by him paid into the treasury, in the performance of his official duty, and the court certifies that there was probable cause for the act done by the collector or other officer, or that he acted under the direction of the secretary of the treasury or other proper officer of the government...