Taxable Years amendment applicable to taxable years beginning after Dec. 31, 1941. For Sec. 52 (b), I. R. C., before amendment, see 1942 column. Sec. 53. Time and place for filing returns. Sec. 53. (a) Time for filing.— Sec. 53. (a) (1) General rule.Returns made on the basis of the calendar year shall be made on or before the 15th day of March following the close of the calendar year. Returns made on the basis of a fiscal year shall be made on or before the 15th day of the third month following the close of the fiscal year. Sec. 53. (a) (2) Extension of Taxable Years language in stricken through Sec. 53. Time and place for filing returns. Sec. 53. (a) Time for filing.— Sec. 53. (a) (1) General rule.Returns made on the basis of the calendar year shall be made on or before the 15th day of March following the close of the calendar year. Returns made on the basis of a fiscal year shall be made on or before the 15th day of the third month following the close of the fiscal year. Sec. 53. (a) (2) Extension of Taxable Years Sec. 53. Time and place for filing returns. Sec. 53. (a) Time for filing.— Sec. 53. (a) (1) General rule.Returns made on the basis of the calendar year shall be made on or before the 15th day of March following the close of the calendar year. Returns made on the basis of a fiscal year shall be made on or before the 15th day of the third month following the close of the fiscal year. Sec. 53. (a) (2) Extension of time.-The Commissioner may time.-The Commissioner may time.-The Commissioner may grant a reasonable extension of grant a reasonable extension of grant a reasonable extension of time for filing returns, under such time for filing returns, under such time for filing returns, under such rules and regulations as he shall rules and regulations as he shall prescribe with the approval of the Secretary. Except in the case of taxpayers who are abroad, no such extension shall be for more than six months. Sec. 53. (b) To whom return made. prescribe with the approval of the Sec. 53. (b) To whom return made. rules and regulations as he shall prescribe with the approval of the Secretary. Except in the case of taxpayers who are abroad, no such extension shall be for more than six months. Sec. 53. (b) To whom return made. Sec. 53. (b) (1) Individuals.— Sec. 53. (b) (1) Individuals.— Sec. 53. (b) (1) Individuals.Returns (other than corporation Returns (other than corporation Returns (other than corporation returns) shall be made to the col- returns) shall be made to the col- returns) shall be made to the collector for the district in which is lector for the district in which is lector for the district in which is located the legal residence or prin- located the legal residence or prin- located the legal residence or principal place of business of the per- cipal place of business of the per- cipal place of business of the person making the return, or, if he has son making the return, or, if he has son making the return, or, if he has no legal residence or principal no legal residence or principal no legal residence or principal place of business in the United place of business in the United place of business in the United States, then to the collector at Bal-States, then to the collector at Bal-States, then to the collector at Baltimore, Maryland. Sec. 53. (b) (2) Corporations. Returns of corporations shall be made to the collector of the district in which is located the principal place of business or principal office or agency of the corporation, or, if it has no principal place of business or principal office or agency in the United States, then to the collector at Baltimore, Maryland. Sec. 54. Records and special returns. timore, Maryland. Sec. 53. (b) (2) Corporations. Returns of corporations shall be made to the collector of the district in which is located the principal place of business or principal office or agency of the corporation, or, if it has no principal place of business or principal office or agency in the United States, then to the collector at Baltimore, Maryland. Sec. 54. Records and special returns. Sec. 54. (a) By taxpayer.- Sec. 54. (a) By taxpayer.— Every person liable to any tax im- Every person liable to any tax imposed by this chapter or for the posed by this chapter or for the collection thereof, shall keep such collection thereof, shall keep such records, render under oath such records, render under oath such timore, Maryland. Sec. 53. (b) (2) Corporations. Returns of corporations shall be made to the collector of the district in which is located the principal place of business or principal office or agency of the corporation, or, if it has no principal place of business or principal office or agency in the United States, then to the collector at Baltimore, Maryland. Sec. 54. Records and special returns. Sec. 54. (a) By taxpayer.— Every person liable to any tax imposed by this chapter or for the collection thereof, shall keep such records, render under oath such Sec. 53. (a) (2) Extension of Sec. 53. Time and place for filing returns. Sec. 53. (a) Time for filing. See p. 104, Eighth Edition. Sec. 53. (a) (2) Extension of time. The Commissioner may time.-The Commissioner may time. grant a reasonable extension of grant a reasonable extension of time Sec. 53. (b) To whom return made. for filing returns, under such rules Sec. 53. (b) To whom return made. Sec. 53. (b) (1) Individuals.— Sec. 53. (b) (1) Individuals.— Returns (other than corporation Returns (other than corporation rereturns) shall be made to the col- turns) shall be made to the collector lector for the district in which is for the district in which is located located the legal residence or prin- the legal residence or principal cipal place of business of the per- place of business of the person makson making the return, or, if he has ing the return, or, if he has no legal no legal residence or principal residence or principal place of busiplace of business in the United ness in the United States, then toStates, then to the collector at Bal- the collector at Baltimore, Marytimore, Maryland. land. Sec. 53. (b) (2) Corporations.- Sec. 53. (b) (2) Corporations.Returns of corporations shall be Returns of corporations shall be made to the collector of the district made to the collector of the district in which is located the principal in which is located the principal place of business or principal office or agency of the corporation, or, if it has no principal place of business or principal office or agency in the United States, then to the collector at Baltimore, Maryland. Sec. 54. Records and special returns. place of business or principal office Sec. 54. Records and special re- Sec. 54. (a) By taxpayer.- Sec. 54. (a) By taxpayer.— Every person liable to any tax im- Every person liable to any tax imposed by this chapter or for the posed by this chapter or for the collection thereof, shall keep such collection thereof, shall keep such records, render under oath such records, render under oath such See p. 104, Eighth Edition. Sec. 53. (b) To whom return made. Sec. 53. (b) (1) Individuals. Sec. 53. (b) (2) Corporations. Sec. 54. Records and special returns. Sec. 54. (a) By taxpayer. See p. 106, Eighth Edition. statements, make such returns, and Sec. 54. (b) To determine liabil Taxable Years statements, make such returns, and comply with such rules and regu lations, as the Commissioner, with the approval of the Secretary, may from time to time prescribe. Sec. 54. (b) To determine liabilSec. 54. (b) To determine liabil ity to tax. Whenever in the judg-ity to tax.-Whenever in the judg-ity to tax.-Whenever in the judgment of the Commissioner neces- ment of the Commissioner neces- ment of the Commissioner necessary he may require any person, sary he may require any person, sary he may require any person, by notice served upon him, to make by notice served upon him, to make by notice served upon him, to make a return, render under oath such a return, render under oath such a return, render under oath such statements, or keep such records, statements, or keep such records statements, or keep such records, as the Commissioner deems suf- as the Commissioner deems suf- as the Commissioner deems sufficient to show whether or not such ficient to show whether or not such ficient to show whether or not such person is liable to tax under this person is liable to tax under this person is liable to tax under this chapter. chapter. chapter. Sec. 54. (d) Copies of returns. Sec. 54. (d) Copies of returns. Sec. 54. (d) Copies of returns. -If any person, required by law or -If any person, required by law or -If any person, required by law or regulations made pursuant to law regulations made pursuant to law regulations made pursuant to law to file a copy of any income return to file a copy of any income return to file a copy of any income return for any taxable year, fails to file for any taxable year, fails to file for any taxable year, fails to file such copy at the time required, such copy at the time required, such copy at the time required. there shall be due and assessed there shall be due and assessed there shall be due and assessed against such person $5 in the case against such person $5 in the case against such person $5 in the case of an individual return or $10 in of an individual return or $10 in of an individual return or $10 in the case of a fiduciary, partnership, the case of a fiduciary, partnership, the case of a fiduciary, partnership, or corporation return, and the color corporation return, and the color corporation return, and the collector with whom the return is filed lector with whom the return is filed lector with whom the return is filed shall prepare such copy. Such shall prepare such copy. Such amount shall be collected and paid, amount shall be collected and paid, without interest, in the same man- without interest, in the same manner as the amount of tax due in ex- ner as the amount of tax due in excess of that shown by the taxpayer cess of that shown by the taxpayer cess of that shown by the taxpayer upon a return in the case of a upon a return in the case of a upon a return in the case of a mathematical error appearing on mathematical error appearing on mathematical error appearing on the face of the return. Copies of the face of the return. Copies of the face of the return. Copies of returns filed or prepared pursuant returns filed or prepared pursuant returns filed or prepared pursuant to this subsection shall remain on to this subsection shall remain on file for a period of not less than two years from the date they are required to be filed, and may be destroyed at any time thereafter under the direction of the Commissioner. to this subsection shall remain on file for a period of not less than two years from the date they are required to be filed, and may be destroyed at any time thereafter under the direction of the Commis sioner. Sec. 54. (e) Foreign personal holding companies. For information returns by officers, directors, and large shareholders, with respect to foreign personal holding companies, see sections 338, 339, and 340. For information returns by attorneys, accountants and so forth, as to formation, and so forth, of foreign corporations, see section 3604. Sec. 54. (e) Foreign personal holding companies. For information returns by officers, directors, and large shareholders, with respect to foreign personal holding companies, see sections 338, 339, and 340. For information returns by so forth, as to formation, and shall prepare such copy. Such amount shall be collected and paid, without interest, in the same manner as the amount of tax due in ex file for a period of not less than two years from the date they are required to be filed, and may be destroyed at any time thereafter under the direction of the Commis sioner. Sec. 54. (e) Foreign personal holding companies. For information returns by officers, directors, and large shareholders, with respect to foreign personal holding companies, see sections 338, 339, and 340. For information returns by attorneys, accountants, and so forth, as to formation, and so forth, or foreign corporations, see section 3604. Taxable Years statements, make such returns, and comply with such rules and regulations, as the Commissioner, with the approval of the Secretary, may from time to time prescribe. Taxable Years statements, make such returns, and Sec. 54. (b) To determine liabil- Sec. 54. (b) To determine liability to tax. Whenever in the judg-ity to tax. Whenever in the judgment of the Commissioner neces- ment of the Commissioner necessary he may require any person, sary he may require any person, by notice served upon him, to make by notice served upon him, to make a return, render under oath such a return, render under oath such statements, or keep such records, statements, or keep such records, as the Commissioner deems suf- as the Commissioner deems sufficient to show whether or not such ficient to show whether or not such person is liable to tax under this person is liable to tax under this chapter. chapter. Sec. 54. (d) Copies of returns. Sec. 54. (d) Copies of returns. -If any person, required by law or -If any person, required by law or regulations made pursuant to law regulations made pursuant to law to file a copy of any income return to file a copy of any income return for any taxable year, fails to file for any taxable year, fails to file such copy at the time required, such copy at the time required, there shall be due and assessed there shall be due and assessed against such person $5 in the case against such person $5 in the case of an individual return or $10 in of an individual return or $10 in the case of a fiduciary, partnership, the case of a fiduciary, partnership, or corporation return, and the color corporation return, and the collector with whom the return is filed lector with whom the return is filed shall prepare such copy. Such shall prepare such copy. Such Sec. 54. (e) Foreign personal holding companies. For information returns by officers, directors, and large shareholders, with respect to foreign personal holding companies, see sections 338, 339, and 340. For information returns by attorneys, accountants, and so forth, as to formation, and so forth, of foreign corporations, see section 3604. Sec. 54. (e) Foreign personal holding companies. For information returns by officers, directors, and large shareholders, with respect to foreign personal holding companies, see sections 338, 339, and 340. For information returns by attorneys, accountants, and so forth, as to formation, and so forth, of foreign corporations, see section 3604. Taxable Years Sec. 54. (b) To determine liability to tax. See p. 106, Eighth Edition. Sec. 54. (c) Information at the source. See p. 106, Eighth Edition. Sec. 54. (d) Copies of returns. Sec. 54. (e) Foreign personal holding companies. See p. 108, Eighth Edition. Sec. 55. (a) (1) Returns made Sec. 55. (a) (1) Returns made Sec. 55. (a) (1) Returns made under this chapter upon which the under this chapter upon which the under this chapter upon which the tax has been determined by the tax has been determined by the tax has been determined by the Commissioner shall constitute pub- Commissioner shall constitute pub- Commissioner shall constitute public records; but, except as herein- lic records; but, except as herein- lic records; but, except as hereinafter provided in this section, they after provided in this section, they after provided in this section, they shall be open to inspection only shall be open to inspection only shall be open to inspection only upon order of the President and upon order of the President and upon order of the President and under rules and regulations pre- under rules and regulations pre- under rules and regulations prescribed by the Secretary and ap- scribed by the Secretary and ap- scribed by the Secretary and approved by the President. proved by the President. proved by the President. Sec. 55. (a) (2) And all returns Sec. 55. (a) (2) And all returns Sec. 55. (a) (2) And all returns made under this chapter, subchap- made under this chapter, subchap- made under this chapter, subchapters A, B, D, and E of chapter 2, ters A, B, D, and E of chapter 2, ters A, B, D, and E of chapter 2, subchapter B of chapter 3, chapters subchapter B of chapter 3, chapters subchapter B of chapter 3, chapters 4, 7, 12, and 21, subchapter A of 4, 7, 12, and 21, subchapter A of 4, 7, 12, and 21, subchapter A of chapter 29, and chapter 30, shall chapter 29, and chapter 30, shall chapter 29, and subchapters A and constitute public records and shall constitute public records and shall B of chapter 30, shall constitute be open to public examination and be open to public examination and public records and shall be open to inspection to such extent as shall be inspection to such extent as shall public examination and inspection authorized in rules and regulations be authorized in rules and regula- to such extent as shall be authorpromulgated by the President. tions promulgated by the President. ized in rules and regulations pro Sec. 55 (a) (2), I. R. C., supra, amended by Sec. 507, Second R. A.. of 1940, approved Oct. 8, 1940, and by Sec. 554 (d) (1), R. A. of 1941, to read as above. For Sec. 55 (a) (2) I. R. C., before amendment, see 1941 column. Sec. 55. (a) (3) Whenever a return is open to the inspection of any person a certified copy thereof shall, upon request, be furnished to such person under rules and regulations prescribed by the Commissioner with the approval of the Secretary. The Commissioner may prescribe a reasonable fee for furnishing such copy. Sec. 55. (b) Inspection by states. Sec. 55 (a) (2), I. R. C., supra, amended by Sec. 554 (d) (1), R. A. of 1941, to read as above. For Sec. 55 (a) (2) I. R. C., before amendment, see 1941 column. Sec. 55. (a) (3) Whenever a return is open to the inspection of any person a certified copy thereof shall, upon request, be furnished to such person under rules and regulations prescribed by the Commissioner with the approval of the Secretary. The Commissioner may prescribe a reasonable fee for furnishing such copy. Sec. 55. (b) Inspection by states. Sec. 55. (b) (1) State officers. mulgated by the President. Sec. 55 (a) (2), I. R. C., supra, amended by Sec. 554 (d) (1), R. A. of 1941, approved Sept. 20, 1941, by omitting language in stricken through type. For Sec. 55 (a) (2) I. R. C., before amendment, see 1940 column. Sec. 55. (a) (3) Whenever a return is open to the inspection of any person a certified copy thereof shall, upon request, be furnished to such person under rules and regulations prescribed by the Commissioner with the approval of the Secretary. The Commissioner may prescribe a reasonable fee for furnishing such copy. (b) Inspection by Sec. 55. (b) states. Sec. 55. (b) (1) State officers. Sec. 55. (b) (1) State officers.The proper officers of any State The proper officers of any State The proper officers of any State may, upon the request of the gov- may, upon the request of the gov-may, upon the request of the governor thereof, have access to the ernor thereof, have access to the ernor thereof, have access to the returns of any corporation, or to returns of any corporation, or to returns of any corporation, or to an abstract thereof showing the an abstract thereof showing the an abstract thereof showing the name and income of the corpora- name and income of the corpora- name and income of the corporation, at such times and in such tion, at such times and in such tion, at such times and in such manner as the Secretary may pre- manner as the Secretary may pre- manner as the Secretary may prescribe. scribe. scribe. Sec. 55. (b) (2) State bodies or Sec. 55. (b) (2) State bodies or Sec. 55. (b) (2) State bodies or commissions.-All income returns commissions.-All income returns commissions.-All income returns filed under this chapter (or copies filed under this chapter (or copies filed under this chapter (or copies thereof, if so prescribed by regula- thereof, if so prescribed by regula- thereof, if so prescribed by regula |