OCR Text |
Show NEW INCOME TAX REGULATIONS Heretofore, under the regulations of the bureau of internal revenue employers were required to report payments to employees to the commissioner com-missioner of internal revenue not later than March 15 of each year. The place and time of such report re-port have been changed by order of the secretary of the treasury. The reports must be filled with the collector of internal revenue in each district, not later than February 15. This advances the date of report one month, from the former requirement. The new regulation reads: All persons making payment to another person fixed cr determinable deter-minable income of $1500 or more in any calendar year must render ren-der a return thereof for such year on or before February 15, of the following year, to the collector of internal revenue for the payor's district. Heads of branch offices and subcontractors, sub-contractors, as well as general employers, must make the required requir-ed report. |