Section 16
SEC. 16. Section 96 of the National Internal Revenue Code is hereby amended to read as follows: “Sec. 96. Surcharges for failure to render returns; filing false or fraudulent returns; delinquency in payment of taxes; and failure to deduct and withhold. “The surcharges and penalties prescribed in Sections 72 and 73 of this Title in cases of failure to render returns and for filing false or fraudulent returns shall apply to returns required under Sections 93 and 94. “In case the taxes deducted and withheld by the employer are not paid within the time prescribed, there shall be added a surcharge of twenty-five per centum and interest at the rate of twenty per centum per annum from the time the same became due until paid. “If the employer, in violation of the provisions of Section 91 hereof fails to deduct and withhold the tax required, he shall be liable to pay a surcharge of twenty five per centum. However, if the failure is due to willful neglect or with intent to defraud the government, a surcharge of fifty per centum shall be imposed. Interest at the rate of twenty per centum per annum shall likewise be imposed from the time the tax is required to be withheld until the date of assessment. “If the withholding agent is the government or any of its agencies, political subdivisions, or instrumentalities, or is a government-owned or controlled corporation, the employee or officer thereof responsible for the withholding and/or remittance of the tax shall be personally liable for the surcharge and interest imposed herein.”