LICENSES. 697

be paid within ten days after notice and demand by the Comptroller. If
not so paid, a penalty of 5% shall be added.

(c) If any part of the deficiency is due to negligence on the part of
the taxpayer, but without intent to defraud, there shall be added 5%
thereof and interest at the rate of 1% per month or fraction of a month on
the amount of such deficiency from the time the tax was due until paid.

(d) If any part of the deficiency is due to fraud with intent to evade
the tax, there shall be added 100% of the total amount of the deficiency,
and in addition, interest at the rate of 1% per month or fraction of a month
from the date the tax was due until paid.

(e) All payments received shall be credited first to penalty and interest
accrued and then to tax due.
See notes to sec. 72B.

1935. ch. 188. sec. 72F.

72F. It shall be the duty of every person engaging or continuing in
any business on which a tax is imposed by this sub-title, to keep and
preserve records of gross sales and such other records as may be necessary
to determine the tax liability under the provisions of this sub-title, and it
shall be the duty of every such person to keep and preserve for a period
of two years all invoices and records of goods and merchandise purchased
for re-sale, and all such books, invoices and other records shall be open
for examination at any time by the Comptroller or his duly authorized
agent.

See notes to sec. 72B.

1935, ch. 188, sec. 72G.

72G. If any taxpayer who has failed to file any return required by
this sub-title, or has filed an incorrect or insufficient return, refuses or
neglects to file a proper return within ten days after being notified by the
Comptroller of his delinquency, the Comptroller shall determine the net
sales of such taxpayer and compute the tax from the best information
available and such determination and computation shall be prima facie
correct for the purposes of this sub-title. Such tax so computed by the
Comptroller, together with the accrued interest, shall be payable within
ten days after demand by the Comptroller, and if not so paid there shall
be added a penalty of 100% and interest at the rate of 1% per month
or fraction of a month from the time the tax was originally due until paid.

1935, ch. 188, sec. 72H.

72H. The tax imposed by this sub-title shall be a lien upon the prop-
erty of any person subject to the provisions thereof and shall be a pre-
ferred claim in the event of bankruptcy or insolvency. Whenever the
owner of any business subject to the terms of this sub-title shall sell,
dispose of or transfer the goods, merchandise or property with the rights
of the business to another, the seller shall within ten days after the date
of sale and the discontinuation of the business, file with the Comptroller