HEARINGS BEFORE THE JOINT COMMITTEE ON TAX EVASION AND AVOIDANCE SEVENTY-FIFTH CONGRESS FIRST SESSION PURSUANT TO PUBLIC RESOLUTION NO. 40, SEVENTY-FIFTH CONGRESS, JOINT COMMITTEE ON TAX EVASION AND AVOIDANCE HOUSE SENATE ROBERT L. DOUGHTON, North Carolina, PAT HARRISON, Mississippi, Vice Chair CONTENTS Statement of— Page Helvering, Guy T., Commissioner of Internal Revenue. Irey, Elmer L., Chief of the Intelligence Unit, Bureau of Internal Leming, Mason B., special attorney, General Counsel's Office, Bureau Magill, Hon. Roswell, Under Secretary of the Treasury- 145 37 91 25 9 Accumulation of surplus to evade surtaxes (sec. 104, Revenue Act of 1932) 155 166 111 132 72 79 80-84 113 178-185 191 Details of Bahamian corporations formed by Americans from January 1, Large American stockholders of Texas-Canadian Oil Corporation___ Exhibit 2: Prospectus issued by Baylis-Baber Co. Exhibits A, B, C, and D (tables) (personal holding companies) - Joint resolution to create a Joint Congressional Committee on Tax Evasion Letter to Secretary of the Treasury. 79 Portion of report of Ways and Means subcommittee on prevention of tax avoidance.. 154 President's message to Congress on tax evasions and evaders. 2 186 159 Surtax on corporations improperly accumulating surplus (sec. 102, Reve- Surtax on personal holding companies (sec. 351, Revenue Act of 1932). 156 158 157 I |