Page:United States Statutes at Large Volume 44 Part 2.djvu/116

76 SIXTY-NINTH CONGRESS. Sass. I. CH. 27. 1926. ""*’"¤· correct amount of.tax.but» for the mathematical error, such notice shall not considered for the purposes of this subdivision or of subdivision, (a) of section, or of section 319, as a notice iid- d°5°i‘Z"i.°’i.“i;}a.e“‘° °°2°°·i’”‘.t‘”$].$.i”‘”t...a “° 'i‘°.Kci° m° `“ i ionwi t , _ 0 s; on notice, ~¤9¥f $11%;% 8\1¢g5i%§Q9¤¤¤€¤i3t ig be prohibited by the pro- visions- su vision _a o sec ion. , d,2,°i§¤?(Bwd’°md 01' tho PUYPONS of this title the date on which a decision of pod, ,,_ 110. the grgagheconizsognal shall be determined according to the provi- l sions 0 on . - s ,{.‘{$f,‘§‘i,*,‘;§§Y“‘“°°°° - (h) upon the as :11 gaficiicency _slhall be __ _, sametimeas eveciency, upon notice and demand from thejcollector, and shall be col1I:ted as a sort ofythe tax, at the rate of 6 por centum per annum from the ue date of_the tax to the date the deficiency is assessed, or in the case of a waiver under subdivision (d) of this section, te the thirtieth day after iiling_ oihsuch ivyaiver or to the date the deficiency is , w 1 ever IS e ear ier. £,,l;§‘°,‘ifgr$:,‘%;&Ftz2§l{é th(i) Wher: itfis s(li;Gwn to the satisiactgon of the Qgexrémgssiotger that ue v e paimen 0 _a cxency u n t ev ate prescri or e ay- °°°°°° ment erect will result in undone hardship to the estate, the &m- mussioner with the ap roval of the Secretary (exce t where the deficiency is due to negligence, to intentional disregarcfof rules and regulations, or to fraud with intent to evade tax) may grant an extension for the payment of such deficiency or any part thereof for md '°¤°"°°· a period not in excess of two years, If an extension is gocanted, the Commissioner may require the executor to furnish a nd in such amount not exceedirtigc double the amount of the deiicienc , -and with such suretnes, as Commissioner deems necessary, condi- tioned iipon the. payment of the deficiency in accordance with the d°{;m·g;_¤¤¤•¤¢•¤ ¤¤ terms o the extension. In auch case there shall be collected, as a part of tth? tai, giterest on thgagara cgw the tgefipicancy tlzntiime for paymenpowic issoexten ,a ra 0 r umper annum for the ppriod of the extension, and no other iiieterest shall be p_’{_{{°*“°°•*• " ¤°‘ collected on‘suc p part of thadeiicieacy for such‘£eriod. If the part of the_detic1ency the time for payment of wh: is_so extended is notpaid in accordance with the terms. of the extension, there shall be collected, as a part of thetax, interest on such unpaid amount at the rate of 1 per centum a month for the period from the time fixed by the terms of the extension for its payment until it is paid, andlne otger interest shall be collected on such unpaid amount for suc peri . . e ¤·¤¤•*¤¤¤*· •*¢·· °* ` The 50 centum addition to the tax rovided b section iis: me umm 31%) of the gxised Statutes, as amended, shall, whenyassessed '°°"*’” “" after the ofdthiegct inthconneetion with an e?ate tax, be assessed,_coec ,an pai in esamemannerasi itwerea deficieng;1 pxcepga thatlt;13)1 provisions of subdivision (h) of this section, not a l i e. , ,,{“°§‘Q,°{‘ ,},‘§§,’°°*,,},,§Q Src. 309. (a) 1LpWhere the amount determined by the executor ¤¤•· as the tax im y this title, or any part of such amount, is not paid on the ue date of the tax, there shall be collected as a part of the tax, ingnist ugyln lsluchdunpaid {amount ag the rate of 1 per centumamon rom e ue ateunti itispai . J5 f,§,‘d`*{§’ ,{,'{{f‘{,’§ (2) Where an extension of time for payment of the amount so ·*°¤¤¤*¤¤ ¤¤¤°·°· determined as the tax by the executor as been granted, and the amount the time for payment of which has been extended, and the interest thereon determined under subdivision (c) of section 305, is not tgaid in full prior to the expiration of the period of the exten- sion en, in lieu of the interest provided for- in paragraph (1) of this subdivision, interest at the rate of 1 per centum a month