About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

092724 1 (1969-02-20)

handle is hein.gao/gaobacwpn0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D C 20548 CIVIL DIVISION FEM 2 0 W9 Dear Mr. Bacon: We have made a review of the dministration of selected seized property activitie of the Alcohol and Tobacco Tax Division (A&TTD), redesignated the Alcohol, Tobacco and Firearms Division effective December 13, 1968, at its branch offices in Charlotte, North Carolina, and Richmond, Virginia. The review was made pursuant to the Budget and Accounting Act of 1921 (31 U.S.C. 53) and the Accounting and Auditing Act of 1950 (31 U.S.C. 67). Our review was directed primarily toward the procedures followed by A&TTD in seizing property used or intended for use in making or transporting illegally distilled spirits. Generally, we found that these procedures were satisfactory. However, we noted that there is an opportunity for reducing costs relating to the seizure of vehicles having little value. A brief summary of this matter follows. Section 7301 (e) of the Internal Revenue Code (26 U.S.C. 75) provides that any conveyance used or intended for use in transporting taxable property for the purpose of selling the property to avoid the payment of the imposed tax may be seized for forfeiture to the U. S. Government. In taking possession of property found at illegal still sites, A&TTD has issued instructions stating that it is not mandatory to either seize or destroy every article which appears to have been used or intended for use in the violation of internal revenue laws. This instruction points out that the Government is not compelled to incur needless expense for the removal, storage, and sale of property having little or no value. During calendar year 1967, A&TTD on a national basis seized for forfeiture about 1,460 automobiles, trucks and other type conveyances as a result of violations relating to illegally distilled spirits. Of this number, 240 vehicles, or about 16 percent, were seized in the States of North Carolina and Virginia.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most