(a) Dividend or profit payments. — Every corporation or partnership shall file, on or before February 28 of the following year, a correct and duly sworn return of its payments of dividends or profits, stating the name, address, and account number of each shareholder or partner, the number of shares of stock he/she owns or his/her interest in the shares and the amount of the dividends or profits paid to him/her during the taxable year.(b) Earnings distributed. — Every corporation or partnership shall, when required by the Secretary, furnish him/her a statement of such facts as will enable him/her to determine the portion of the earnings or profits of the corporation or partnership, including gains, profits, and income not taxed, accumulated during such periods as the Secretary may specify, which have been distributed or ordered to be distributed to its shareholders or partners during such taxable years as the Secretary may specify.(c) Accumulated earnings and profits. — When required by the Secretary, every corporation or partnership shall submit to him/her a correct statement of accumulated earnings and profits, and the names, addresses, and account numbers of the persons who

ed by the Secretary, every corporation or partnership shall submit to him/her a correct statement of accumulated earnings and profits, and the names, addresses, and account numbers of the persons who would be entitled to the same if divided or distributed, and of the amounts that would be payable to each.(d) Dissolution or liquidation. — Every corporation or partnership shall, within thirty (30) days after the adoption by the corporation or partnership of a resolution or plan for its dissolution or for the total or partial liquidation of its capital stock, file a correct and duly sworn statement with the Secretary setting forth the terms of such resolution or plan and such other information as the Secretary may by regulation prescribe.(e) Distributions in liquidation. — Every corporation or partnership shall file, on or before February twenty-eight (28) of the following year or on such other date as established by the Secretary through regulations, a duly sworn return of its distributions in liquidation, stating name, address, and account number of each shareholder or partner, number, and class of shares he/she owns or his/her interest in the profits and the amount paid to him/her

ons in liquidation, stating name, address, and account number of each shareholder or partner, number, and class of shares he/she owns or his/her interest in the profits and the amount paid to him/her or, if the distribution is in property other than money, the fair market value as of the date of distribution of the property distributed to said shareholder or partner.(f) Statements shall be furnished to the persons about whom the information is provided. — Every corporation or partnership that files the return required in subsection (a) or (e) of this section shall furnish a copy thereof to every shareholder or partner in whose name the return is made, on or before the date prescribed in subsection (a) or (e), whichever applies. History —Jan. 31, 2011, No. 1, § 1063.05, retroactive to Jan. 1, 2011.