57 STAT.] 78TH CONG., 1ST SESS.- CH. 120-JUNE 9, 1943 beginning after December 31, 1942, except that section 294 (a) (5) of the Internal Revenue Code shall not be applicable to a taxable year beginning in 1943 in the case of an individual not required to make a declaration under section 58 of the Internal Revenue Code for such year. SEC. 6 . RELIEF FROM DOUBLE PAYMENTS IN 1943. 145 Ante, p. 144. Ante, p. 141 . (a) TAX FOR 1942 NOT GREATER THAN TAX FOR 1943. -In case the tax imposed by Chapter 1 of the Internal Revenue Code upon any 53 stt. 4. individual (other than an estate or trust and other than a nonresident Supp. II, §§3-476 . alien not subject to the provisions of sections 58, 59, and 60 of such pnte,p.149,5 144; chapter) for the taxable year 1942 (determined without regard to this Ante. pp. 141,143. section, without regard to interest or additions to the tax, and with- out regard to credits against the tax for amounts withheld at source) is not greater than the tax for the taxable year 1943 (similarly deter- mined), the liability of such individual for the tax imposed by such chapter for the taxable year 1942 shall be discharged as of September 1, 1943, except that interest and additions to such tax shall be collected at the same time and in the same manner as, and as a part of, the tax under such chapter for the taxable year 1943. In such case if the tax for the taxable year 1942 (determined without regard to this section and without regard to interest or additions to the tax) is more than $50, the tax under such chapter for the taxable year 1943 shall be increased by an amount equal to 25 per centum of the tax for the taxable year 1942 (so determined) or the excess of such tax (so deter- mined) over $50, whichever is the lesser. This subsection shall not apply in any case in which the taxpayer is convicted of any criminal offense with respect to the tax for the taxable year 1942 or in which additions to the tax for such taxable year are applicable by reason of fraud. (b) TAX FOR 1942 GREATER THAN TAX FOR 1943. -In case the tax imposed by Chapter 1 of the Internal Revenue Code upon any indi- 3 Sta. 4. 26 U. S . C. §§1-396; vidual (other than an estate or trust and other than a nonresident Supp. II, § i 3-476. alien not subject to the provisions of sections 58, 59, and 60 of such pot,p . 149, 584 , 62 . chapter) for the taxable year 1942 (determined without regard to nte, pp.141. 143. this section, without regard to interest or additions to the tax, and without regard to credits against the tax for amounts withheld at source) is greater than the tax for the taxable year 1943 (similarly determined), the liability of such individual for the tax imposed by such chapter for the taxable year 1942 shall be discharged as of September 1, 1943, except that interest and additions to such tax shall be collected at the same time and in the same manner as, and as a part of, the tax under such chapter for the taxable year 1943. In such case the tax under such chapter for the taxable year 1943 shall be increased by- (1) the amount by which the tax imposed by such chapter for the taxable year 1942 (determined without regard to this section and without regard to interest and additions to such tax) exceeds the tax imposed by such chapter for the taxable year 1943 (deter- mined without regard tothis section, without regard to interest and additions to such tax, and without regard to credits against such tax under section 466 (e) or under section 35 of such chap- 56 Stat. 89. II, § 466 (e). ter), plus _nt, p. 466. (2) if the tax for the taxable year 1943 (determined without Ante*p.139 regard to this section, without regard to interest or additions to the tax, and without regard to credits against such tax under section 466 (e) or under section 35 of such chapter) is more than S.. , ^Spp. $50, an amount equal to 25 per centum of the tax for the taxable nte,4 (139. 81077°-44 -PT . I -- -10
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