Inventories. ART. 13. Every person, firm, or company dispensing directly to consumers any of the drugs herein referred to will, on the 1st day of March, 1915, prepare and keep on file an inventory of all such drugs (other than preparations or remedies specially exempt under the provisions of sec. 6 of the act) on hand at that date. No special form of inventory is here required, but the inventory made must fully and clearly set forth the quantity of each kind of such drugs, preparations, or remedies so held, and must be verified by oath not later than the 5th day of March, 1915. Sworn statements. ART. 14. Section 3 of the act provides That any person who shall be registered in any internal-revenue district under the provisions of section 1 of this act shall, whenever required to do so by the collector of the district, render to the said collector a true and correct statement or return, verified by affidavit, setting forth the quantity of the aforesaid drugs received by him in said internal-revenue district during such period immediately preceding the demand of the collector, not exceeding three months, as the said collector may fix and determine; Under the authority thus granted, collectors will require such sworn statements in all cases where, from the number of order blanks obtained by any person or from the character of the business carried on, he has reason to suspect that any of the drugs referred to are being procured, compounded, or disposed of by such person for illegal purposes, and in such other cases as he thinks advisable. ART. 15. The request for such statement and the statements to be furnished in such cases will be made on the following form: FORM 680.-OPIUM, ETC.-Request for statement as to receipt, etc., of certain drugs specified in act of Congress approved December 17, 1914. To OFFICE OF COLLECTOR, ...... DISTRICT OF 191... Pursuant to the provisions of section 3 of an act of Congress relating to the purchase, sale, or disposal of certain drugs, approved December 17, 1914, you are hereby requested to furnish me, on or before the.... ...day of......... 191.., with a true and correct statement, verified by affidavit, of the quantity of each and all such drugs received by you in this district since...... 191.., giving the names of the per sons from whom the said drugs were received, the quantity in each instance received from each such person, and the date when received. The statement here called for will be prepared and submitted on the return form hereto annexed. Statement showing the quantity of certain drugs received by.. Collector. .in being first duly sworn states that the following is a full and true statement of the quantity and the kind of drugs described in the act of Congress, approved December 17, 1914, received by him (or his firm or company) in the.. ART. 16. It will be the duty of agents and other inspecting officers appointed under the provisions of section 10 of the act named to visit at irregular intervals the premises of all persons, firms, or companies registering under said act, or where they have reason to believe drugs of the character defined in the act are stored, and to see that all requirements of the act and these regulations are strictly complied with. They will, under the authority conferred by sections 2 and 5 of the act, inspect and, when necessary, verify such records, orders, prescriptions, statements, or returns made or received, and they will at once report for prosecution any violations of the law discovered by them. Where suspected drugs are found on the premises of manufacturers or dealers who have not registered, samples of the same should be procured and forwarded to the laboratory in the office of the Commissioner of Internal Revenue for analysis. ART. 17. Investigations here ordered made in a perfunctory manner will in no instance be tolerated, and any officer or employee who is found to be negligent or inefficient in the discharge of his duties will be reported to this office for discipline. It is not expected, however, that officers and employees will conduct their investigations in such manner as to annoy or interfere unnecessarily with the business of persons preparing or handling the aforementioned drugs. Officers in making their investigations should keep this clearly in mind. They will, however, see that the law and regulations are faithfully complied with in every instance, and it will be the duty of every person engaged in this business to afford all necessary facilities to such inspecting officers. Approved: W. G. McADOO, W. H. OSBORN, Commissioner of Internal Revenue. Secretary of the Treasury. 1 In case of a firm or corporation, the foregoing statement must be made by a member or officer, who should sign as such. (T. D. 2127.) Shipment of distilled spirits in tank cars to bonded manufacturing warehouses. Alcohol or other distilled spirits stored in distillery warehouses or in special or general bonded warehouse may be transferred therefrom in tanks or tank cars to bonded manufacturing warehouses. TREASURY DEPARTMENT, January 14, 1915. Under authority conferred in paragraph M of section 4 of the tariff act of October 3, 1913, it is hereby provided that alcohol or other distilled spirits stored in distillery warehouses or in any special or general bonded warehouse may be transferred therefrom in tanks or tank cars to bonded manufacturing warehouses established or operated under the provisions of said act. Where alcohol is to be so transferred each tank or tank car must have permanently and legibly marked or painted thereon its number and capacity in wine gallons, and must be so constructed that all openings may be securely locked. Slaight locks, to be provided by the shipper, will be used for this purpose; and, unless duplicate keys are furnished to the officers in charge of the respective warehouses, the keys used will be forwarded and returned by express or registered mail. Each such tank or tank car will, for the purpose here stated, be regarded as an original package, and an export stamp, to be procured by the shipper, will be affixed to each such tank or tank car. Except as herein provided, all such shipments will be made and accounted for in the manner prescribed in articles 151-156, Internal Revenue Regulations No. 29, revised August 18, 1914. (T. D. 2128.) W. G. MCADOO, Secretary of the Treasury Restricting the sale of opium, etc., under act of December 17, 1914. Instructions relative to accounting for collections, etc., under this act on daily deposit slips, Forms 22, 49, 51B, 68, 79, 23, and 325, and Record No. 9. TREASURY DEPARTMENT, OFFICE OF COMMISSIONER OF INTERNAL REVENUE, To collectors of internal revenue: Washington, D. C., January 13, 1915. "An In view of the provisions of the act of December 17, 1914, act to provide for the registration of, with collectors of internal reve nue, and to impose a special tax upon all persons who produce, import, manufacture, compound, deal in, dispense, sell, distribute, or give away opium or coca leaves, their salts, derivatives, or preparations, and for other purposes," which becomes effective March 1, 1915, the following instructions are issued relative to the manner of accounting for assessments, stamps, collections, etc., under said act On the daily deposit slips and certificates of deposit no separate item should be made of such collections, but they should be included in the amount of "ordinary" collections and accounted for on Form 49 in column 5. On Form 22 receipts under this act may be interlined and entered under the (practically obsolete) heading of "Banks and bankers, etc.," as follows: Abstract No. Rate of tax. 94. Persons manufacturing or distributing opium or coca leaves, etc. (special tax).. $1.00 95. Order blanks for procuring opium or coca leaves, etc., per hundred..... 1.00 Total... On Forms 51B and 68 the special-tax stamps will be included in the statement of "special-tax" stamps, and the "orders for opium, etc.," at the rate of $1 per hundred will be accounted for as provided on revised Forms 51B and 68, a supply of which will be furnished each collector without requisition as soon as received from the printer. Taxes imposed by this act which it may be necessary to collect by assessments will be reported and assessed on the regular lists in exactly the same manner as other special taxes and accounted for in the statement of regular lists on Form 51B and on regular Form 325. On Form 79 "Orders for opium, etc.," will be accounted for in the third column to the right of that for "Mixed flour stamps." In Record No. 9 collections on account of sale of the special-tax stamps imposed by said act will be included in the amount entered in the column headed "Special tax," and those on account of the sale of "Orders for opium, etc.," in one of the columns for stamps for which the collector has no sales. W. H. OSBORN, Commissioner of Internal Revenue. Approved: W. G. MCADOO, Secretary of the Treasury. (T. D. 2129.) Emergency revenue law-Proxies. Instructions regarding the 10-cent stamp tax on a power of attorney or proxy for voting at any election for officers of any incorporated company or association. TREASURY DEPARTMENT, OFFICE OF COMMISSIONER OF INTERNAL REVENUE, Washington, D. C., January 19, 1915. To collectors of internal revenue and others concerned: The following rulings have recently been made by the department with reference to the stamp tax of 10 cents imposed under Schedule A of the act of October 22, 1914, on a power of attorney or proxy for voting at any election for officers of any incorporated company or association, except religious, charitable, or literary societies or public cemeteries: 1. A power of attorney or proxy for voting at any election for officers of any incorporated company or association, and authorizing the proxy to act in such capacity upon all questions or matters presented at a stockholder's meeting, is subject to a tax of 10 cents only; and when a power of attorney or proxy is granted for a corporate meeting held for purposes other than the election of officers, such power of attorney or proxy is not subject to any tax. 2. A power of attorney or proxy executed by a person residing in a foreign country to a person residing in this country to vote at the election of officers of an incorporated company is taxable, as the instrument is not operative and effective until accepted by the person in this country to whom it is issued. Powers of attorney and proxies executed by a person residing in the United States authorizing a person in a foreign country to vote at the election of officers of an incorporated company are not taxable. 3. Directors of a corporation are officers within the meaning of the clause imposing a tax on powers of attorney or proxies for voting at the election of officers of an incorporated company. 4. Powers of attorney or proxies executed and accepted before December 1, 1914, are not taxable, even though used subsequent to December 1, 1914. 5. A 10-cent stamp is required for each signature upon a power of attorney or proxy for use in voting at the election of officers of an incorporated company. 6. The stamp may be affixed and canceled either by the party who executes the proxy or by the party to whom the proxy is given. W. H. OSBORN, Commissioner of Internal Revenue. |