HomeMy WebLinkAboutRES NO 10-43RESOLUTION NO. 10-43
A RESOLUTION PROVIDING FOR Tk]E
ADMINISTRATION OF 'TE CURREI~ TAX
PAYmeNT ACT OF 1943-
V@IEREAS, the Current Tax Payment Act of 1943 provides for
the collection of income taxes at the source by employers; and
FHEREAS, municipal employees are subject to the tax and
municipalities are made withholding agents and required to withhold
such tax and to return and pay over the proceeds thereof to the
Federal Government; and
VfiTEREAS, the withholding applies to all wages paid on or after
July 1, 1943, except wages paid during the calendar year 1943 with
respect to a payroll period beginning before July 1, 1943; and
~HEREAS, deductions, at the option of the employer, may be com-
puted on the wages paid at any payroll period, or upon the basis of
wage bracket withholding tabl'es set forth in Section 1622 (c) (1)
of the Act;
NOW, THEREFORE, BE IT RESOLVED BY T~E COUNCIL OF THE CITY OF
BAIGRSFIELD, as follows:
That, beginning with the first payroll period commencing after
July 1, 1943, and on every payroll thereafter, the City Auditor is
hereby authorized and directed to deduct and withhold from the wages
or salary paid to each officer or employee of the city the amount
required by the Current Tax Payment Act of 1943 based on the wage
bracket withholding tables provided for in Section 1622 (c) (1) of
said Act.
The City Auditor at the time of making up the payroll or
immediately thereafter, shall transfer the monies deducted therefrom
under the provisions of this resolution to the City ~r_ea.~ur_e_~_~O~ _
deposit in a separate account in the Anglo California National Bank~
Bakersfield Branch~ designated ~Income Tax .Account, held for the
benefit of the Commissioner of Internal Revenue." The monies accumu-
lated from such witb~holdings shall be ~aid by the City Treasurer
to the United States Collector of Internal Revenue for the District
in which this city is located (or such depositaries or financial
agents as are designated by regulations adopted pursuant to the
Current Tax Payment Act of 1943) on or before the last day of the month
following the close of each quarter of the calendar year~ or where the
withholding is more than ~100.00 a month~ within ten days after the
close of each calendar month.
On or before January 31 of each year subsequent to 1943~ or
when the last payment of wages is made~ if employment is terminated
before the close of the calendar year~ the City Auditor shall furnish
to each employee with respect to his employment during the calendar
year~ a written statement showing the wages paid to him for the period
covered and the amount of the tax withheld and paid in respect to such
wages. A duplicate of such statement shall be made and filed in ac-
cordance with regulations prescribed by the Commissioner of Internal
Revenue. The aforesaid officer sh.all keep such records and make such
reports to the Commissioner of internal Revenue of wages paid and the
tax collected and paid with respect thereto as the Commissioner may
require and prescribe under the provisions of said Act.
The taxes to be withheld and collected under this resolution
shall not apply to any taxable year commencing after the date of
cessation of hostilities in the present war and the account established
for the receiving of the tax funds hereunder shall be closed vzith the
last payment to the Federal Government of the funds withheld.
- o0o
I HEREBY CERTIFY that the foregoing Resolution was passed and
adopted by the Council of the City of Bakersfield~ at a regular meeting
thereof held on the ~' day of July, 1943,. by the following vote:
AYES: CARNAKIS, MARMADUKE, NORRIS, SIEMON, SMITH, VANDERLEI, VERCAMMEN
NOES: -~ ..................................................
ABSENT:-~ ............................................
C i~~Clerk of ' the
Council~of the City of Bakersfield.
APPROVED by ~ day of July, 1943-