1096 SIXTY-FIFTH CONGRESS. Sess. III. Ch. 18. 1919. wanaxnsxcnssrnor- tion of such period falling within the calendar year 1919 is of the Pm “’];*‘X· entire period. _ mai gsi-firc? eiirrpgiii (c) f a partnership or a personal service corporation makes return §,‘g‘,,§°{,§§f“* YW °°d‘ for a Escal year beginning in 1917 and ending in 1918, it shall pay the same proportion 0 a tax for the entire period computed under Title II of the Revenue Act of 1917 which the portion of such period falling within the calendar year 1917 is of the entire period. Iig{§€,°}m°g*ary‘§' Any tax paid by a partnershi or personal serv1ce corporation for i’$- ’ any period b ' on or after .l>anuary 1, 1918, shall be immediately . refunded to tlie partnership or corporation as a tax erroneously or R mm _ d illegally collected. _ ° "°q°"° Sec. 336. That every corporation, not exempt under section 304, shall make a return for the puiéposes of this title. Such ret1u·ns shall §§,§Q“f,f‘§g§,f“· be made, and the taxes impose by this title shall be paid, at the same ' times and places, in the same manner, and subject to the same conditions, as is provided in the case of returns and payment of income tax by corporations for the urposes of Title II, an all the provisions of that title not inapplicdlmle, including penalties, are hereby made applicable to the taxes imposed by this title. ¤¤¤s.I¤]gv;gsgx¢g% Sec. 337. That in the case of a bona fide sale of mines, oil or gas ais, ac., ir discovered wells, or any interest therein, where the principal value of the property by ““‘¥’“"°'· has been demonstrated by prospecting or exgoration and discovery work done by the taxpayer, the ortion of the tax imposed by this title attributable to such sale shall not exceed 20 per centum of the selling price of such property or interest. um-it mx. TITLE IV.——ESTATE TAX. §<;:¤§:·l;¤tg¤r¤5¤f¢¤ma Sec. 400. That when used in this title- ' The term "executor" means the executor or administrator of the decedent, or, if there is no executor or administrator, any person "C°“°°*°'·" who takes possession of any property of the decedent; and The term "collector" means the collector of internal revenue of the district in which was the domicile of the decedent at the time of his death, or, if there was no such domicile in the United States, then the collector of the district in which is situated the {part of the gross estate of the decedent in the United States, or, i such part of the gross estate is situated in more than one district, than the collector of internal revenue of such district as may be designated by the Commissioner. mT‘t§ °'L;"§'§Z‘§§§¤§{ Sec. 401. That (in lieu of the tax imposed biy Title II of the h°¤‘*°‘*°'· Revenue Act of 1916, as amended, and in lieu o the tax imposed vol. se, pp. vn, 1002. by Title IX of the Revenue Act of 1917) a tax equal to the SHIP of "”"’ "‘ 32** the following percentages of the value of the net estate (determmod as provided in section 403) is hereby imposed upon the transfer of the net estate of every decedent dyin after the assage of this Act, whether a resident or nonresident of ghe United States: Btw- 5 1 per centum of the amount of the net estate not in excess of 50,000; 2 per centum of the amount by which the net estate exceeds $50,000 and does not exceed $150,000; 3 per centum of the amount by which the net estate exceeds $150,000 and does not exceed $250,000; 4 per centum of the amount by which the net estate exceeds $250,000 and does not exceed $450,000; 6 per centum of the amotmt by which the net estate exceeds $450,000 and does not exceed $7 50,000; 8 per centum of the amount by which the net estate exceeds $750,000 and does not exceed $1,000,000;
