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combination for packing tobacco, snuff and cigars, under such regulations as Commissioner of Internal Revenue may establish."

Sec. 3,368. Upon tobacco and snuff manufactured and sold, or removed for conption or use, there shall be levied and collected the following taxes:

"On smaff, manufactured of tobacco or any substitute for tobacco, ground, dry, , pickled, scented or otherwise, of all descriptions, when prepared for use, a of eight cents per pound. And snuff flour, when sold or removed for use or umption, shall be taxed as snuff, and shall be put in packages and stamped in same manner as snuff.

On all chewing and smoking tobacco, fine-cut, cavendish, plug or twist, cut granulated, of every description; on tobacco twisted by hand or reduced into a Ition to be consumed, or in any manner other than the ordinary mode of drying curing, prepared for sale or consumption, even if prepared without the use of machine or instrument, and without being pressed or sweetened; and on all cut shorts and refuse scraps, clippings, cuttings and sweepings of tobacco, a tax ght cents per pound.'

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fec. 3,392. All cigars weighing more than three pounds per thousand shall be ed in boxes not before used for that purpose containing, respectively, five, ten, e, thirteen, twenty-five, fifty, one hundred, two hundred, two hundred and fifty e hundred cigars each; and every person who sells, or offers for sale, or delivers, fers to deliver, any cigars in any other form than in new boxes as above ded, or who packs in any box any cigars in excess of or less than the number ded by law to be put in each box, respectively, or who falsely brands any box, fixes a stamp on any box denoting a less amount of tax than that required by shall be fined for each offence not more than one thousand dollars, and be #soned not more than two years: Provided. That nothing in this section shall nstrued as preventing the sale of cigars at retail by retail dealers from boxes ad, stamped and branded in the manner prescribed by law: And provided er, That every manufacturer of cigarettes shall put up all the cigarettes that anufactures or has manufactured for him and sells or removes for consumption e in packages or parcels containing five, eight, ten, fifteen, twenty, fifty or one ed cigarettes each, and shall securely affix to each of said packages or parcels table stamp denoting the tax thereon, and shall properly cancel the same prior ch sale or removal for consumption or use, under such regulations as the Comner of Internal Revenue shall prescribe; and all cigarettes imported from a n country shall be packed, stamped and the stamps cancelled in like manner, dition to the import stamp indicating inspection of the Custom House before are withdrawn therefrom.'

C. 3,394. Upon cigars and cigarettes which shall be manufactured and sold, or ed for consumption or sale, there shall be assessed and collected the following taxes, to be paid by the manufacturer thereof: "On cigars of all descriptions made of tobacco or any substitute therefor and weighing more than three pounds per thousand, three dollars per thousand; on cigars, made of tobacco, or any substitute therefor, and weigh

ttes. ousand; on cigarettes, made of tobacco or any substitute therefor, and weighore than three pounds per thousand, three dollars and sixty cents per thouon cigarettes, made of tobacco. or any substitute therefor, and weighing not than three pounds per thousand, one dollar and twenty-five cents per thousand: ed, That all rolls of tobacco, or any substitute therefor, wrapped with tobacco, be classed as cigars; and all rolls of tobacco, or any substitute therefor, wrapped er or any substance other than tobacco, shall be classed as cigarettes. ind the Commissioner of Internal Revenue, with the approval of the Secretary Treasury, shall provide dies and stamps for cigars weighing not more than pounds per thousand; and for cigarettes at the rates of tax imposed by this 1: Provided that such stamps shall be in denominations of five, eight, ten, fifteen, fifty and one hundred; and the laws and regulations governing the packing moval for sale of cigarettes and the affixing and cancelling of the stamps on ckages thereof shall apply to cigars weighing not more than three pounds per nd.

ing not more than three pounds per thousand, seventy-five cents

To packages of manufactured tobacco, snuff, cigars or cigarettes, prescribed by hall be permitted to have packed in, or attached to, or connected with, them, ixed to, branded, stamped, marked, written or printed upon them, any paper, ate, or instrument purporting to be or represent a ticket, chance, share or t in, or dependent upon, the event of a lottery, nor any indecent or immoral representation, print or words; and any violation of the provisions of this aph shall subject the offender to the penalties and punishments provided by thirty-four hundred and fifty-six of the Revised Statutes."

C. 34.

That the provisions of sections thirty, thirty-one, thirty-two and thirtyof this act shall not take effect until July first, nineteen hundred and ten. . 35. That unstemmed leaf tobacco in the natural leaf, in the hand, and not actured or altered in any manner, raised and grown in the United States, shall not be subject to any internal revenue tax or charge of any kind whatsoever, and it shall be lawful for any person to buy and sell such unstemmed tobacco in the leaf, in the hand, without payment of tax of any kind: Provided, That any person, other than the farmer or producer of leaf tobacco, who sells bacco to manufacturers of tobacco, snuff or cigars shall be deemed and considered er in leaf tobacco, and become subject to all the provisions of section thirty-two d and forty-four, as amended by section fourteen, act of March first, eighteen ed and seventy-nine, and also as amended by the act of March third, eighteen hun

dred and eighty-three, and, further, shall be subject to all the provisions of se thirty-three hundred and sixty, as amended by section fourteen, act of March eighteen hundred and seventy-nine, and of sections thirty-three hundred and fifty and thirty-three hundred and ninety-one, United States Revised Statutes.

Every person shall be regarded as a retal: dealer in leaf tobacco whose bus it is to sell leaf tobacco in quantities of less than an original hogshead, case or or who shall sell directly to consumers or to persons other than dealers in tobacco or to manufacturers of tobacco, snuff or cigars, or to persons who pur in original packages for export.

Every such retail dealer in leaf tobacco shall register with the collector of the trict his name or style, place of residence, trade or business and the place 1 such trade or business is to be carried on; and a failure to register as herein re shall subject such person to a penalty of fifty dollars; and every retail dealer ir tobacco shall also keep a book and enter therein daily his purchases of leaf to and his sales, where such sales amount to two pounds or more to one person b day. Such record shall be kept written up to date and shall be in such form contain such entries as shall be prescribed by the Commissioner of Internal Rev with the approval of the Secretary of the Treasury, and such books shall be op all times for the inspection of any internal revenue officer or agent.

Any person who has duly qualified as a retail dealer in leaf tobacco ma natural leaf tobacco grown or raised in the United States in its condition as cu? the farm, in the hand, and not manufactured in any way, except to manufac of tobacco, snuff or cigars, without the payment of any tax on such leaf t whatsoever, and so much of section sixty-nine, tariff act of August twenty-se eighteen hundred and ninety-four, which took effect the following day, and s thirty-two hundred and forty-four, United States Revised Statutes, or any existing law, as is inconsistent with the provisions of this act, is hereby repealed. And it shall be the duty of every retail dealer in leaf tobacco, as herein dese under regulations to be prescribed by the Commissioner of Internal Revenue, the approval of the Secretary of the Treasury, to furnish on demand to any in revenue officer or other authorized agent of the Treasury Department a tru correct statement, verified by his oath or affirmation, of all his sales of leaf t in quantities of ten pounds or more to any person in any one day, with the nam residence in each instance of the person to whom sold, and any such retail in leaf tobacco who shall wilfully refuse to furnish such information or keep the as required herein, or who shall knowingly make any false statements or false in such book as to any of the facts aforesaid, shall be guilty of a misdemeano on conviction shall be liable to a fine of fifty dollars for each offence: And pr further, That nothing in this act shall be construed as imposing any restri whatsoever upon the farmers or growers of leaf tobacco in regard to the sa their leaf tobacco.

Section 36 provided that a tonnage duty of two cents per ton, not to exceed aggregate ten cents per ton in any one year, be imposed at each entry on all which shall be entered in any port of the United States fro Tonnage Tax. foreign port or place in North America, Central America, the India Islands, the Bahama Islands, the Bermuda Islands coast of South America bordering on the Caribbean Sea or Newfoundland, duty of six cents per ton, not to exceed thirty cents per ton per annum, is. imposed at each entry on all vessels which shall be entered in any port of the States from any other foreign port, not, however, to include vessels in distr not engaged in trade.

This section shall not be construed to amend or repeal section twenty-sever dred and ninety-two of the Revised Statutes. as amended by section one of two hundred and twelve of the laws of nineteen hundred and eight, approve twenty-eight, nineteen hundred and eight, or section five of the said chapt hundred and twelve of the laws of nineteen hundred and eight, or section t seven hundred and ninety-three of the Revised Statutes.

Section forty-two hundred and thirty-two of the Revised Statutes, and eleven and twelve of chapter four hundred and twenty-one of the laws of hundred and eighty-six, approved June nineteenth, eighteen hundred and eigh and so much of section forty-two hundred and nineteen of the Revised Statu conflicts with this section, are hereby repealed.

This section shall take effect sixty days after the approval of this act. So much of section five of chapter two hundred and twelve of the laws teen hundred and eight, approved May twenty-eight, nineteen hundred and as relates to yachts built outside the United States and owned by citizens United States is hereby repealed.

This section shall not apply to a foreign built vessel admitted to An registry. Section 37 provided that there shall be levied and collected annually on th day of September by the Collector of Customs of the district nearest the reside the managing owner, upon the use of every foreign built Foreign Yachts. pleasure boat or vessel, not used or intended to be us trade, now or hereafter owned or chartered for more th months by any citizen or citizens of the United States, a sum equivalent tonnage tax of seven dollars per gross ton.

In lieu of the annual tax above prescribed the owner of any foreign built pleasure boat or vessel above described may pay a duty of thirty-five per cent valorem thereon, and such yacht, pleasure boat or vessel shall thereupon be to all the privileges and shall be subject to all the requirements prescribed

Jons forty-two hundred and fourteen, forty-two hundred and fifteen, forty-two hunIred and seventeen and forty-two hundred and eighteen of the Revised Statutes and jets amendatory thereto in the same manner as if said yacht had been built in he United States, and shall be subject to tonnage duty and light money only in he same manner as if said yacht had beeen built in the United States.

Section 38 provided for the collection of a corporation tax as follows: First, That& very corporation, joint stock company or association, organized for profit and having a capital stock represented by shares, and every insurance comorporation Tax. pany, now or hereafter organized under the laws of the United

States or of any state or territory of the United States, or nder the acts of Congress applicable to Alaska or the District of Columbia, or now hereafter organized under the laws of any foreign country and engaged in business any state or territory of the United States or in Alaska or in the District of olumbia, shall be subject to pay annually a special excise tax with respect to the arrying on or doing business by such corporation, joint stock company or associaon, or insurance company, equivalent to one per centum upon the entire net income ver and above five thousand dollars received by it from all sources during such year, clusive of amounts received by it as dividends upon stock of other corporations, int stock companies or associations, or insurance companies, subject to the tax hereby mposed; or if organized under the laws of any foreign country, upon the amount of at income over and above five thousand dollars received by it from business transacted nd capital invested within the United States and its territories, Alaska and the istrict of Columbia during such year, exclusive of amounts so received by it as Ividends upon stock of other corporations, joint stock companies or associations, or surance companies, subject to the tax hereby imposed: Provided, however, That othing in this section contained shall apply to labor, agricultural or horticultural rganizations, or to fraternal beneficiary societies, orders or associations operating nder the lodge system, and providing for the payment of life, sick, accident and other enefits to the members of such societies, orders or associations, and dependents of ach members, nor to domestic building and loan associations, organized and operated clusively for the mutual benefit of their members, nor to any corporation or associaon organized and operated exclusively for religious, charitable or educational purses, no part of the net income of which inures to the benefit of any private ockholder or individual.

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Second. Such net income shall be ascertained by deducting from the gross amount the income of such corporation, joint stock company or association, or insurance company, received within the year from all sources, (first) all the ordinary and necessary expenses actually paid within the year out of income in the maintenance and operation of its business and properties, including all charges such as rentals or franchise payments, required to be made as a condition to the continued use or possession property; (second) all losses actually sustained within the year and not compented by insurance or otherwise, including a reasonable allowance for depreciation property, if any, and in the case of insurance companies the sums other than vidends paid within the year on policy and annuity contracts and the net addion, if any, required by law to be made within the year to reserve funds; (third) terest actually paid within the year on its bonded or other indebtedness to an mount of such bonded and other indebtedness not exceeding the paid-up capital ock of such corporation, joint stock company or association, or insurance company, atstanding at the olcse of the year, and in the case of a bank, banking association trust company, all interest actually paid by it within the year on deposits; burth) all sums paid by it within the year for taxes imposed under the authority the United States or of any state or territory thereof, or imposed by the gov ment of any foreign country as a condition to carrying on business therein; fth) all amounts received by it within the year as dividends upon stock of other rporations, joint stock companies or associations, or insurance companies, subject the tax hereby imposed: Provided, That in the case of a corporation, joint stock mpany or association, or insurance company, organized under the laws of a forgn country, such net income shall be ascertained by deducting from the gross mount of its income received within the year from business transacted and capital vested within the United States, and any of its territories, Alaska, and the District Columbia, (first) all the ordinary and necessary expenses actually paid within the ear out of earnings in the maintenance and operation of its business and property ithin the United States and its territories, Alaska, and the District of Columbia. cluding all charges such as rentals or franchise payments required to be made as condition to the continued use or possession of property; (second) all losses etually sustained within the year in business conducted by it within the United fates or its territories, Alaska, or the District of Columbia not compensated by surance or otherwise, including a reasonable allowance for depreciation of property, any, and in the case of insurance companies the sums other than dividends, paid thin the year on policy and annuity contracts and the net addition, if any, reuired by law to be made within the year to reserve funds; (third) interest actually aid within the year on its bonded or other indebtedness to an amount of such onded and other indebtedness, not exceeding the proportion of its paid-up capital tock outstanding at the close of the year which the gross amount of its income for he year from business transacted and capital invested within the United States and ny of its territories, Alaska, and the District of Columbia bears to the gross amount fits income derived from all sources within and without the United States; (fourth) he sums paid by it within the year for taxes imposed under the authority of the

United States or of any state or territory thereof; (fifth) all amounts received by within the year as dividends upon stock of other comporations, joint stock com panies or associations, and insurance companies, subject to the tax hereby imposed In the case of assessment insurance companies the actual deposit of sums with stat or territorial officers, pursuant to law, as additions to guaranty or reserve fund shall be treated as being payments required by law to reserve funds.

Third. There shall be deducted from the amount of the net income of each t such corporations, joint stock companies or associations, or insurance companie ascertained as provided in the foregoing paragraphs of this section Deductions. the sum of five thousand dollars, and said tax shall be compute upon the remainder of said net income of such corporation, joi stock company or association, or insurance company, for the year ending Decemb 31, 1909, and for each calendar year thereafter; and on or before the first day March, 1910, and the first day of March in each year thereafter, a true and accura return under oath or affirmation of its president, vice-president, or other princip officer, and its treasurer or assistant treasurer, shall be made by each of the co porations, joint stock companies or associations, and insurance companies, subje to the tax imposed by this section, to the collector of internal revenue for the di trict in which such corporation, joint stock company or association, or insurance con pany, has its principal place of business, or, in the case of a corporation, joint sto company or association, or insurance company, organized under the laws of a forei country, in the place where its principal business is carried on within the Unit States, in such form as the Commissioner of Internal Revenue, with the approval the Secretary of the Treasury, shall prescribe, setting forth, (first) the total amou of the paid-up capital stock of such corporation, joint stock company or associatio or insurance company, outstanding at the close of the year; (second) the total amou of the bonded and other indebtedness of such corporation, joint stock company association, or insurance company at the close of the year; (third) the gross amou of the income of such corporations, joint stock company or association, or insuran company, received during such year from all sources, and if organized under laws of a foreign country the gross amount of its income received within the ye from business transacted and capital invested within the United States and any its territories, Alaska, and the District of Columbia; also the amount received such corporation, joint stock company or association, or insurance company, with the year by way of dividends upon stock of other corporations, joint stock compan or associations, or insurance companies, subject to the tax imposed by this sectio (fourth) the total amount of all the ordinary and necessary expenses actually ps out of earnings in the maintenance and operation of the business and properties such corporation, joint stock company or association, or insurance company, with the year, stating separately all charges such as rentals or franchise payments 1 quired to be made as a condition to the continued use or possession of property, a if organized under the laws of a foreign country the amount so paid in the mai tenance and operation of its business within the United States and its territori Alaska, and the District of Columbia; (fifth) the total amount of all losses actua sustained during the year and not compensated by insurance or otherwise, stati separately any amounts allowed for depreciation of property, and in the case insurance companies the sums other than dividends, paid within the year on poli and annuity contracts and the net addition, if any, required by law to be ma within the year to reserve funds; and in the case of a corporation, joint stock co pany or association, or insurance company, organized under the laws of a forei country, all losses actually sustained by it during the year in business conduct by it within the United States or its territories, Alaska, and the District of Columb not compensated by insurance or otherwise, stating separately any amounts allow for depreciation of property, and in the case of insurance companies the sums oth than dividends, paid within the year on policy and annuity contracts and the r addition, if any, required by law to be made within the year to reserve fund; (sixt the amount of interest actually paid within the year on its bonded or other indet edness to an amount of such bonded and other indebtedness not exceeding the paidcapital stock of such corporation, joint stock company or association, or insuran company, outstanding at the close of the year, and in the case of a bank, banki association or trust company, stating separately all interest paid by it within the ye en deposits; or in case of a corporation, joint stock company or association, or 1 surance company, organized under the laws of a foreign country, interest so paid on bonded or other indebtedness to an amount of such bonded and other indebtedne not exceeding the proportion of its paid-up capital stock outstanding at the close the year, which the gross amount of its income for the year from business transact and capital invested within the United States and any of its territories, Alaska, a the District of Columbia, bears to the gross amount of its income derived from sources within and without the United States; (seventh) the amount paid by it with the year for taxes imposed under the authority of the United States or any state territory thereof, and separately the amount so paid by it for taxes imposed by t government of any foreign country as a condition to carrying on business there (eighth) the net income of such corporation, joint stock company or association. All su insurance company, after making the deductions in this section authorized. returns shall as received be transmitted forthwith by the collector to the Comm sioner of Internal Revenue.

Fourth. Whenever evidence shall be produced before the Commissioner of Inter Revenue which in the opinion of the commissioner justifies the belief that the retu

made by any corporation, joint stock company or association, or insurance company, is incorrect, or whenever any collector shall report to the Commissioner of Internal Revenue that any corporation, joint stock company or association, or insurance company, has failed to make a return as required by law, the Commissioner of Internal Revenue may require from the corporation, joint stock company or association, or insurance company making such return, such further Information with reference to its capital, income, losses, and expenditures as he may deem expedient; and the Commissioner of Internal Revenue, for the purpose of ascertaining the correctness of such return or for the purpose of making a return where none has been made, is hereby authorized, by any regularly appointed revenue agent specially designated by him for that purpose, to examine any books and papers bearing upon the matters required to be included in the return of such corporation, joint stock company or association, or insurance company, and to require the attendance of any officer or employe of such corporation, joint stock company or association, or insurance company, and to take his testimony with reference to the matter required by law to be included in such return, with power to administer oaths to such person or persons; and the Commissioner of Internal Revenue may also invoke the aid of any court of the United States having jurisdiction to require the attendance of such officers or employes and the production of such books and papers. Upon the information so acquired the Commissioner of Internal Revenue may amend any return or make a return where none has been made. All proceedings taken by the Commissioner of Internal Revenue under the provisions of this section shall be subject to the approval of the Secretary of the Treasury.

Fifth. All returns shall be retained by the Commissioner of Internal Revenue, who shall make assessments thereon; and in case of any return made with false or fraudulent intent, he shall add one hundred per centum of such tax, Penalties. and in case of a refusal or neglect to make a return or to verify the same as aforesaid he shall add fifty per centum of such tax. In case of neglect occasioned by the sickness or absence of an officer of such corporation, joint stock company or association, or insurance company, required to make said return, or for other sufficient reason, the collector may allow such further time for making and delivering such return as he may deem necessary, not exceeding thirty days. The amount so added to the tax shall be collected at the same time and in the same manner as the tax originally assessed unless the refusal, neglect or falsity is discovered after the date for payment of said taxes, in which case the amount so added shall be paid by the delinquent corporation, joint stock company or association, or insurance company, immediately upon notice given by the collector. All assessments shall be made and the several corporations. joint stock companies or associations, or insurance companies, shall be notified of the amount for which they are respectively liable on or before the first day of June of each successive year, and said assessments shall be paid on or before the thirtieth day of June, except in cases of refusal or neglect to make such return, and in cases of false or fraudulent returns, in which cases the Commissioner of Internal Revenue shall, upon the discovery thereof, at any time within three years after said return is due, make a return upon information obtained as above provided for, and the assessment made by the Commissioner of Internal Revenue thereon shall be paid by such corporation, joint stock company or association, or insurance com-pany, immediately upon notification of the amount of such assessment; and to any sum or sums due and unpaid after the thirtieth day of June in any year, and for ten days after notice and demand thereof by the collector, there shall be added the sum of five per centum on the amount of tax unpaid and interest at the rate of one per centum per month upon said tax from the time the same becomes due.

Sixth. When the assessment shall be made, as provided in this section, the returns, together with any corrections thereof which may have been made by the commissioner, shall be filed in the office of the Commissioner of InPublicity. ternal Revenue and shall constitute public records and be open to inspection as such.

Seventh. It shall be unlawful for any collector, deputy collector, agent, clerk, or other officer or employe of the United States to divulge or make known in any manner whatever not provided by law to any person any information obtained by him in the discharge of his official duty, or to divulge or make known in any manner not provided by law any document received, evidence taken, or report made under this section except upon the special direction of the President; and any offence against the foregoing provision shall be a misdemeanor and be punished by a fine not exceeding one thousand dollars, or by imprisonment not exceeding one year, or both, at the Alscretion of the court.

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Eighth. If any of the corporations, joint stock companies or associations, insurance companies, aforesaid, shall refuse or neglect to make a return at the time or times herein before specified in each year, or shall render a false or fraudulent return, such corporation, joint stock company or association, or insurance company. shall be liable to a penalty of not less than one thousand dollars and not exceeding ten thousand dollars.

Any person authorized by law to make, render, sign, or verify any return who makes any false or fraudulent return, or statement, with intent to defeat or evade the assessment required by this section to be made, shall be guilty of a misdemeanor, and shall be fined not exceeding one thousand dollars or be imprisoned not exceeding one year, or both, at the discretion of the court, with the costs of prosecution.

All laws relating to the collection, remission, and refund of internal revenue

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