Taxable Years ployees of the United States having information as to such payments and required to make returns in regard thereto by the regulations hereinafter provided for shall render a true and accurate return to the Commissioner, under such regulations and in such form and manner and to such extent as may be prescribed by him with the approval of the Secretary, setting forth the amount of such gains, profits, and income, and the name and address of the recipient of such payment. Taxable Years ficers or employees of the United Sec. 147 (a), I. R. C., supra, Taxable Years Beginning in 1946 and 1947 Sec. 147. (b) Returns regard less of amount of payment.-Such less of amount of payment. returns may be required regardless of amounts, (1) in the case of payments of interest upon bonds, mortgages, deeds of trust, or other similar obligations of corporations, (2) in the case of payments of interest upon obligations of the United States or any agency or instrumentality thereof, and (3) in the case of collections of items (not payable in the United States) of interest upon the bonds of foreign countries and interest upon the bonds of and dividends from foreign corporations by persons undertaking as a matter of business or for profit the collection of foreign payments of such interest or dividends by means of coupons, checks, or bills of exchange. Sec. 147. (b) Returns regard Same as 1944. Same as 1944. Sec. 147. (c) Recipient to fur- Sec. 147. (c) Recipient to furnish name and address.-When nish name and address. necessary to make effective the provisions of this section the name and address of the recipient of income shall be furnished upon demand of the person paying the income. Sec. 147. (b) Returns regardless of amount of payment. Same as 1944. Sec. 147. (c) Recipient to furnish name and address. Same as 1944. Sec. 148. Information by corporations. Sec. 148. Information by corporations. Sec. 148. (a) Dividend pay- Sec. 148. (a) Dividend payments.-Every corporation shall, ments. Sec. 148. Information by corporations. Sec. 148. (a) Dividend payments. Same as 1944. Taxable Years Beginning in 1945 Taxable Years Beginning in 1944 ployees of the United States having information as to such payments and required to make returns in regard thereto by the regulations hereinafter provided for shall render a true and accurate return to the Commissioner, under such regulations and in such form and manner and to such extent as may be prescribed by him with the approval of the Secretary, setting forth the amount of such gains, profits, and income, and the name and address of the recipient of such payment. Taxable Years Beginning before 1944 Sec. 147. (b) Returns regardless of amount of payment. Same as 1944. Sec. 147. (c) Recipient to furnish name and address. Same as 1944. Sec. 148. Information by corporations. Sec. 148. (a) Dividend payments. Same as 1944. Sec. 147. (b) Returns regard Sec. 147. (b) Returns regard Section originated 1917 as Sec. 1211, R. A. of 1917. For any amendments prior to 1944, see Second Edition, p. 258, less of amount of payment.-Such less of amount of payment. returns may be required, regardless of amounts, (1) in the case of payments of interest upon bonds, mortgages, deeds of trust, or other similar obligations of corporations, (2) in the case of payments of interest upon obligations of the United States or any agency or instrumentality thereof, and (3) in the case of collections of items (not payable in the United States) of interest upon the bonds of foreign countries and interest upon the bonds of and dividends from foreign corporations by persons undertaking as a matter of business or for profit the collection of foreign payments of such interest or dividends by means of coupons, checks, or bills of exchange. or Same as 1944. Sec. 148. (d) Contemplated disSec. 148. (d) Contemplated solution liquidation.—Every dissolution or liquidation. corporation shall, within thirty days after the adoption by the corporation of a resolution or plan for the dissolution of the corporation or for the liquidation of the whole or any part of its capital stock, render a correct return to the Commissioner, verified under oath, setting forth the terms of such resolution or plan and such other information as the Commissioner shall, with the approval of the Secretary, by regulations prescribe. Sec. 148. (e) Distributions in Sec. 148. (e) Distributions in liquidation. Every corporation liquidation. Taxable Years Beginning in 1949 shares owned by him, and the amount paid to him or, if the distribution is in property other than money, the fair market value (as of the date the distribution is made) of the property distributed to him. Seer 148, (f) Compensation of officers and employees. Under regulations prescribed by the Commissioner with the approval of the Secretary, every corporation sub jeet to taxation under this chapter shall, in its return, submit a list of the names of all officers and em ployees of such corporation and the respective amounts paid to them during the taxable year of the cor poration by the corporation-as-salary, commission, bonus, or other compensation for personal services rendered, if the aggregate amoun so paid to the individual is in ex cess of $75,000. The Secretary chall compile from the returns made a list containing the names of, and the amounts paid te, each such officer and employee and the name of the paying corporation, and shall make such list available to the public. It shall be unlawful for any person to sell, offer for sale, or circulate, for any consideration whatsoever any copy or reproduction of any list, or part thereof, authorized to be made publie by this Aet or by any prior Aot relating to the publication of infor mation derived from income tax returns; and any offense against the foregoing provision shall be a misdemeanor and be punished by a fine not exceeding $1,000 or by imprisonment not exceeding one year, or both, at the discretion of the court: Provided, That nothing in this sentence shall be construed to be applicable with respect to any newspaper, or other periodical pub lication, entitled to admission to the mails as second class mail mat ter. Sec. 148 (f), I. R. C., supra, repealed by Sec. 5, Act of Aug. 27, 1949. Sec. 149. Returns of brokers. Every person doing business as a broker shall, when required by the Commissioner, render a correct return duly verified under oath, under |