Book Description

Excerpt from Refunds and Credits of Internal Revenue Taxes, 1933: Report of the Joint Committee on Internal Revenue Taxation Pursuant to Section 710 of the Revenue Act of 1928 and Report of the Staff of the Joint Committee to the Committee Ref1inds and credits of internal revenue taxes excess _of have been reported to the. Joint Committee on Internal Revenue Taxation by the Commissioner since February 1927, with the exception of the, period from April 25, to May 29, 1928. These reports were first required under the First Deficiency Act, 1927. (h. R} 16462, Feb. 28, 1927, ch. 226, 44 Stat. This act contained the following provision: Refunding taxes illegally collected: For refunding tax'es illegally collected under the provisions of sections 3220 and 3689, Revised Statutes, as amended by the Revenue Acts of 1918, 1921, 1924, and 1926, including the payment of claims for the fiscal year 1928 and prior years, to remain available until June 30, 1928: Provided, That no part of this appropriation Shall be available for paying any claims allowed in excess of until after the. Expiration of sixty days from the date upon which a report giving the name of the person to whom the refund is to be made, the amount of the refund, and a summary of the facts and the decision Of the Commissioner of Internal Revenue is submitted to the Joint Committee on Internal Revenue Taxation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.