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In case of Change of Partners, the Duty to be charged on the Profits antecedent to the Charge.
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CV. And be it further enacted, That if amongst any Persons engaged in any Profession, Trade, Manufacture, Adventure, or Concern in Partnership together, any Change shall take place in any such Partnership, either by Death or Dissolution of Partnership as to all or any of the Partners, or by admitting any other Partner therein before the Time of making the Assessment, or within the Period for which the Assessment ought to be made under this Act, or if any Person shall have succeeded to any Profession, Trade, or Manufacture, or any Adventure or Concern within such respective Periods as aforesaid, it shall be lawful for the said respective Commissioners, and they, and also the Party or Parties interested, and every Officer acting in the Execution of this Act, shall compute and ascertain the Duty payable in respect of such Partnership, or any of such Partners, or any Person succeeding to such Profession, Trade, or Manufacture, or Adventure, or Concern, according to the Profits and Gains of such Business derived during the respective Periods herein mentioned, not with standing such Change therein, or Succession to such Business as aforesaid, unless such Partners or Partner, or such Person succeeding to such Business as aforesaid, shall prove, to the Satisfaction of the said respective Commissioners, that the Profits and Gains of such Business have fallen short or will fall short, from some specifick Cause to be alledged to them, since such Change or Succession took place, or by reason thereof.
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