66 S T A T. ]
Public Law 493
543
PUBLIC LAW 493-JULY 10, 1952 CHAPTER 649
AN ACT To amend certain tax laws applicable to the District of Columbia. Be it enacted by the Senate and House of Representatives of the United States of America m Congress assembled, That section 8 of title I of the District of Columbia Revenue Act of 1937, as amended, is amended to read as follows: "SEC. 8. (a) Except as provided in subsection (b) of this section the taxes imposed upon personal property shall be assessed or reassessed within three years after the return was filed. For the purposes of this subsection, a return filed before the last day prescribed by law for the filing thereof shall be considered as filed on such last day. " (b) I n the case of a false or fraudulent return with intent to evade tax or of a failure to file a return, the taxes may be assessed at any time. "(c) Where the assessment of personal property taxes has been made within the period properly applicable thereto, such taxes may be collected by distraint or by a proceeding in court, but only if begun within three years after the date of the assessment of such taxes.". SEC. 2. (a) Section 4 of Article III of title V of the Act of August 17, 1937 (50 Stat. 683, ch. 690), as amended, is hereby amended to read as follows: "If the taxes imposed by this title are not paid when due, one-half of 1 per centum interest for each month or portion of a month from the date when the same were due until paid shall be added to the amount of said taxes and collected as a part of the same, and said taxes shall be collected by the collector of taxes in the manner provided by the law for the collection of taxes due the District on personal property in force at the time of such collection." (b) Subsection (c) of section 4 of the Act of August 28, 1935 (49 Stat. 948, ch. 794), as amended, is amended to read as follows: "(c) If the contributions are not paid when due, there shall be added, as part of the contributions, interest at the rate of one-half of 1 per centum per month from the date the contributions become due until paid." (c) Subsection (a) of section 147 of title I of the District of Columbia Revenue Act of 1949 (Public Law 76, Eighty-first Congress) is amended to read as follows: " (a) Any person failing to file a return or who files a false or incorrect return or who fails to pay any tax to the Collector within the time required by this title shall be subject to a penalty of 5 per centum of the amount of tax due, plus interest at the rate of one-half of 1 per centum of such tax for each month of delay after such return was required to be filed or such tax became due; but the Assessor, if satisfied that the delay was excusable may waive the penalty of 5 per centum. Unpaid penalties and interest may be collected in the same manner as the tax imposed by this title. The interest provided for in this section shall be applicable to any tax determined by the Assessor as a deficiency." (d) Sections 38, 40, and 41 of title II of the Act of July 26, 1939 (53 Stat. 1104, ch. 367), as amended, are hereby further amended by deleting therefrom wherever they appear the words "1 per centum" and by substituting in each place in lieu thereof the words "one-half of 1 per centum". SEC. 3. (a) Section 3 of title IX of the District of Columbia Revenue Act of 1937, as added by the Act of May 16, 1938, and as amended by
July 10, 1952 [S. 2605]
D.C., tax laws. 50 Stat. 675. D. C. C o d e 471408. Personal property.
53 Stat. 1116. D. C. C o d e 471619. Interest penalties.
and
D. C. C o d e 46304.
63 Stat. 123. D. C. C o d e 472624.
D. C. C o d e 471538. 47-1540, 471541.
52 Stat. 3 7 1.
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