WM. PEESTON LANE, JR., GOVERNOR. 439

the date limited for the filing of the return for such period,
without regard to whether a return is filed or whether the
return which is filed correctly shows the amount of receipts
and the taxes due thereon.

275. On or before thirty (30) days after the end of
the tax year of each taxpayer required to pay the tax
imposed by the provisions of this sub-title, such taxpayer
shall make an annual return in such form as may be re-
quired by the Comptroller. After deducting the amount
of prior tax payments made during the preceding tax year,
the taxpayer shall transmit to the Comptroller with the
return required to be filed by this section a remittance for
any remaining tax payable by him for the preceding tax
year. The taxpayer or his duly authorized agent shall
verify the return under oath if required to do so by the
Comptroller. The Comptroller for good cause shown may
on the written application of a taxpayer extend the time
for making any return required by this section.

276. Where the Comptroller, in his discretion, deems
it necessary to protect the revenues to be obtained under
the provisions of this sub-title, he may require any tax-
payer to file with him a bond issued by a surety company
authorized to do business in this State and approved by
the State Insurance Commissioner as to solvency and re-
sponsibility, in such amounts as the Comptroller may fix
to secure the payment of any tax or penalties due or which
may become due from such taxpayer. In the event that
the Comptroller determines that a taxpayer is to file such
a bond, he shall give notice to such taxpayer to that effect,
specifying the amount of the bond required. The taxpayer
shall file such bond within five (5) days after the giving
of such notice unless within such five (5) days the taxpayer
shall request in writing a hearing before the Comptroller,
at which hearing the necessity, propriety and amount of
the bond shall be determined by the Comptroller. Such
determination by the Comptroller shall be final and shall
be complied with within fifteen (15) days after the tax-
payer is given notice thereof.

277. In lieu of the bond required by Section 276 of
this sub-title, securities approved by the Comptroller or
cash in such amount as he may prescribe may be deposited,
which shall be kept in the custody of the Comptroller, who
may at any time, without notice to the depositor, apply
them to any tax and/or interest or penalties due, and for
that purpose the securities may be sold by the Comptroller
at public or private sale without notice to the depositor.