Theodore R. McKeldin, Governor                   181

Taxes", sub-title "Income Tax", be and they are hereby repealed
and re-enacted, with amendments, to read as follows:

308. Withholding tax at source.

(i) Statements to employees; copies to Comptroller; non-compli-
ance.—Every employer who under the provisions of this section is
required to deduct, withhold and pay over a tax for any individual
shall furnish to him in duplicate a statement showing the informa-
tion required in this subsection. The statement in duplicate shall be
given to the individual on or before January 31 of each year, show-
ing for the previous calendar year the following information: (1)
the name of the employer, (2) the name of the individual, (3) the
total amount paid by the employer to the individual as salary,
wages, or compensation for personal services of any kind, and (4)
the total amount which has been deducted and withheld under the
requirements of this section. The statement shall contain such other
information and shall be in such form as the Comptroller may pre-
scribe by regulation. If any individual's employment with an em-
ployer is terminated before the end of the calendar year, the state-
ment in duplicate shall be given to him at the time of the last pay-
ment to him of salary, wages, or compensation for personal services.
[A duplicate] An additional copy of every such statement shall be
sent to the Comptroller [within fifteen days after the other copy
has been given to the individual] not later than January 31 follow-
ing the year in which the termination of employment occurred. Any
employer required under the provisions of this subsection to furnish
copies of any such statement, who wilfully fails to furnish a state-
ment as required by law or regulation, or who wilfully furnishes
a false or fraudulent statement, shall for each such failure be sub-
ject to a civil penalty in the amount of Fifty Dollars ($50.00),
payable to the Comptroller in the same manner as the tax imposed
by this section. In addition, any such wilful act shall be deemed to
be a misdemeanor, punishable upon conviction by a fine of not ex-
ceeding Five Hundred Dollars ($500.00) or imprisonment for not
exceeding six months, or both, in the discretion of the Court.

(j) Declarations of estimated tax—Generally.—Every individual,
excluding, however, a fiduciary or fiduciaries and the estates they
represent, as defined in subsection (f) of this sub-title, receiving
taxable income which is not subject to the withholding provisions
of this section shall be required to file a declaration of his estimated
tax, as specified in this subsection. The declaration of his estimated
tax for the current year shall be filed on or before April 15 of that
year. Also, on the following June 15, September 15 and January 15,
the individual shall file either an amended declaration of estimated
tax for the year or an original declaration if one has not theretofore
been filed. One-fourth of the tax due for the year according to the
declaration of estimated tax, or any amendment to this declaration,
shall be due and payable on each of the four dates specified herein-
before in this subsection. In lieu of filing a declaration of estimated
tax or an amendment thereto on January 15 as specified hereinabove
in this subsection, the individual, at his option, may file, on or
before January 31, his final income tax return for the year, at which
time any tax remaining unpaid shall be paid in full and upon the