CH. 77
MISCELLANEOUS PROVISIONS
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CHAPTER 77—MISCELLANEOUS PROVISIONS Hiiia I. ^ ®" • y^^l
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Sec. 7501. Liability for taxes withheld or collected. Sec. 7502. Timely mailing treated as timely filing. Sec. 7603. Time for performance of acts where last day falls on Saturday, Sunday, or legal holiday. Sec. 7504. Fractional parts of a dollar. Sec. 7505. Sale of personal property purchased by the United States. Sec. 7506. Administration of real estate acquired by the United States. Sec. 7507. Exemption of insolvent banks from tax. Sec. 7508. Time for performing certain acts postponed by reason of war. Sec. 7509. Expenditures incurred by the Post Office Department. Sec. 7510. Exemption from tax of domestic goods purchased for the United States. Sec. 7511. Exemption of consular officers and employees of foreign states from payment of internal revenue taxes on imported articles.
SEC. 7501. LIABILITY FOR TAXES WITHHELD OR COLLECTED. (a) GENERAL RULE.—Whenever any person is required to collect or
withhold any internal revenue tax from any other person and to pay over such tax to the United States, the amount of tax so collected or withheld shall be held to be a special fund in trust for the United States. The amount of such fund shall be assessed, collected, and paid in the same manner and subject to the same provisions and limitations (including penalties) as are applicable with respect to the taxes from which such fund arose. (b)
PENALTIES.—
For penalties applicable to violations of this section, see sections 6672 and 7202. SEC. 7502. TIMELY MAILING TREATED AS TIMELY FILING. (a) GENERAL RULE. — I f any claim, statement, or other document
(other than a return or other document required under authority of chapter 61), required to be filed within a prescribed period or on or before a prescribed date under authority of any provision of the internal revenue laws is, after such period or such date, delivered by United States mail to the agency, officer, or office with which such claim, statement, or other document is required to be filed, the date of the United States postmark stamped on the cover in which such claim, statement, or other document is mailed shall be deemed to be the date of delivery. This subsection shall apply only if the postmark date falls within the prescribed period or on or before the prescribed date for the filing of the claim, statement, or other document, determined with regard to any extension granted for such filing, and only if the claim, statement, or other document was, within the prescribed time, deposited in the mail in the United States in an envelope or other appropriate wrapper, postage prepaid, properly addressed to the agency, office, or officer with which the claim, statement, or other document is required to be filed. '
§ 7602(a)
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