PUBLIC LAWS-CH. 247-JUNE 29, 1939 Filing of claims, ex- piration of time. 49 Stat. 1747. filing by an attorney-at-law of a return with respect to any advice given or information obtained through the relationship of attorney and client." SEC. 405 . FILING OF CLAIMS FOR REFUND OF AMOUNTS COLLECTED UNDER THE AGRICULTURAL ADJUSTMENT ACT. Section 903 of the Revenue Act of 1936 (relating to expiration of time for filing claims for refund of amounts paid under the Agricul- tural Adjustment Act) is amended by striking out "July 1, 1937" and inserting in lieu thereof "January 1, 1940". SEC. 406. INSOLVENT BANKS. Insvent banks. (a) Section 3798 (c) of the Internal Revenue Code is amended to I. R. C. §3798 (c). read as follows: tiErroneous ollee- "(C) (1) Any such tax collected, whether collected before, on, or after the date of enactment of the Revenue Act of 1938, shall be deemed to be erroneously collected, and shall be refunded subject to all provisions and limitations of law, so far as applicable, relating to the refunding of taxes. Assedssment etsc. "(2) Any tax, the assessment, collection, or payment of which is tion (a), etc. barred under subsection (a) of this section, or any such tax which Ante, p. 470. has been abated or remitted after May 28, 1938, shall be assessed or reassessed whenever it shall appear that payment of the tax will not diminish the assets as aforesaid. Barred nb)dersub- "(3) Any tax, the assessment, collection, or payment of which is Ante, p.4 70 . barred under subsection (b) of this section or any such tax which has been refunded after May 28, 1938, shall be assessed or reassessed after full payment of such claims of depositors to the extent of the remaining assets segregated or transferred as described in subsec- tion (b). uspensonof stat- "(4) The running of the statute of limitations on the making of making of assessment, assessment and collection shall be suspended, during, and for ninety etc. days beyond, the period for which, pursuant to this section, assess- ment or collection may not be made, and a tax may be reassessed as provided in paragraphs (2) and (3) of this subsection, and collected, during the time within which, had there been no abatement, collection might have been made." "Agent" defined. (b) The term "agent" as used in 3798 (b) of the Internal Revenue Ante, p. 470. 1.. 3798 (b). Code shall be deemed to include a corporation acting as a liquidating agent. Effective date of (c) The amendments made by this section shall be effective as of amendments. 52 Stat n44. the date of enactment of the Revenue Act of 1938. SEC. 407. SALE OF INFORMATION DERIVED FROM INCOME TAX RETURNS. Sale of information derived from income tax returns. Ante, p. 65. I. R. C. 148 (f). Penalty. Proviso. Exceptions. Section 148 (f) of the Internal Revenue Code is amended by adding at the end thereof the following new sentence: "It shall be unlawful for any person to sell, offer for sale, or circulate, for any consideration whatsoever, any copy or reproduction of any list, or part thereof, authorized to be made public by this Act or by any prior Act relating to the publication of information derived from income-tax returns; and any offense against the foregoing provision shall be a misdemeanor and be punished by a fine not exceeding $1,000 or by imprisonment not exceeding one year, or both, at the discretion of the court: Provided, That nothing in this sentence shall be construed to be applicable with respect to any newspaper, or other periodical publication, entitled to admission to the mails as second- class mail matter." 884 [53 STAT.
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