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Page:United States Statutes at Large Volume 61 Part 1.djvu/367

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61 STAT.] 80rH CONG. , 1 ST SESS.-CH. 258 -JULY 16, 1947 (d) INFORMATION WHICH MAY BE DIscLOSED.- Nothing contained in section 4 (a) of this title shall be construed to prohibit the Assessor, in his discretion, from divulging or making known any information contained in, or relating to, any report, application, license, or return required under the provisions of this article other than such informa- tion as may be contained therein relating to the amount of income or any particulars relating thereto or the computation thereof. (e) PENALTIES FOR VIOLATION OF THIS SECTION.- Any violation of the provisions of this section shall be a misdemeanor and shall be punishable by a fine not exceeding $1,000 or imprisonment for six months, or both, in the discretion of the court. All prosecutions under this section shall be brought in the Municipal Court of the District of Columbia on information by the Corporation Counsel of the District of Columbia or any of his assistants in the name of the District of Columbia. (f) PRESERVATION OF RETURNs.- Al l reports, applications, and returns received by the Assessor under the provisions of this article shall be preserved for six years, and thereafter until the Assessor orders them to be destroyed. TITLE VI-TAX ON RESIDENTS AND NONRESIDENTS SEC. 1. DEFINITION.- For the purposes of this article, and unless otherwise required by the context, the words "taxable income" mean the entire net income of every resident, in excess of the personal exemptions and credits for dependents allowed by section 2 of this title and that portion of the entire net income of every nonresident which is subject to tax under title VIII of this article. SEC. 2. PERSONAL ExEMPTIONs AND CREDrr FOR DEPENDENTs.-There shall be allowed to residents the following credits against net income: (a) An exemption of $1,000 for the taxpayer. (b) An exemption of $1,000 for the spouse of the taxpayer (1) if a joint return is made by the taxpayer and his spouse, in which case the aggregate exemption of the spouses shall be $2,000, or (2) if a separate return is made by the taxpayer, and his spouse has no gross income for the calendar year in which the taxable year of the taxpayer begins and is not the dependent of another taxpayer. (c) An exemption of $500 for each dependent, as defined in this article, whose gross income for the calendar year in which the taxable year of the taxpayer begins is less than $500 except that the exemption shall not be allowed in respect of a dependent who has made a joint return with his spouse for the taxable year beginning in such calendar year. (d) If the status of a taxpayer changes during the taxable year with respect to his marital status the amount allowed under subsection (b) of this section shall be apportioned in accordance with the number of months before and after such change. For the purposes of this subsection, a fractional part of a month shall be disregarded unless it amounts to more than half a month, in which case it shall be considered as a month. (e) Beginning with the first taxable year to which this article is applicable and in succeeding taxable years, the amounts allowed under subsections (a) and (b) of this section shall be prorated to the day of death in the final return of a decedent dying before the end of the taxable year, and as of the date of death the personal exemption is terminated and not extended over the remainder of the taxable year. (f) In the case of a return made for a fractional part of a taxable year, the personal exemptions and credits for dependents shall be reduced, respectively, to amounts which bear the same ratio to the full 343 Prosecutions. "Taxable income." Post, p. 345 . Spouse of taxpayer. Dependents. Change in marital status. Death of taxpayer. Return for fra tional part of year.