HomeMy WebLinkAboutCC RES 132RESOLUTION, NO. 132
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TUSTIN,CALIFORNIA,PROVIDING FOR THE
ADMINISTRATION OF THE VICTORY TAX.
WHEREAS, the Revenue Act of 1942 imposes a levy of 5% on
the gross income,defined as ~he Victory tax net income,of every
individual,which is require~ to be collected at the source by employers;
. AND WHEREAS,municipal .employees are subject to the tax
and municipalities are made withholding agents and reguired to withhold
such tax and to return and pay over the proceeds thereof to the .
Federal Government;
AND WHEREAS., the tax attaches to all Wages paid as income
after January 1,19~3,regardless of when they are earned;
AND WHERE. AS,deductions,at the option of the employer,
may be computed on the amount actually paid at any payroll period or
on the basis of wage bracket withholdings set forth in the Act Section
6(c) (1) for any payroll period.
NOW .THEREFORE,the City Council of the City of Tustin,
California,does hereby resolve as follows;
THAT,beginning .with the first payroll .after janUary l,
19~3,the City Clerk is hereby authorized and directed to deduct and
withhold from the wages or salary paid t~ each officer or employee
of the City,the Victory Tax in such amount as is required by the
Revenue Act of 19~2. .
The City Clerk shall cause the monies accumulated from
such withholdings during each quarter of the calender year to be paid
to the United States Collector of Internal Revenue for the District
in which this city is located on or before the l~st day of the
month following the close of any such quarter.
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 calender year,the Clerk shall furnish to
each employee with respect to his employment during the calender year,
a written statement showing the wages for the period covered and the
amount of the. tax withheld and paid in respect to such wages. A copy
of this statement for every employee shall be included with the final
return for the calendar year to the Collector of Internal Revenue.
The aforesaid officer shall keep such records and make such reports
to. the Bureau of Internal Revenue of wages paid and .the tax collected
an~ paid with respect thereto as that Bureau may require and prescribe.
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 with the last payment to the Federal Government of the funds
· wi:thheld. The operation of this resolution shall terminate at that time
or sooner if the Victory tax is terminated by Federal action prior
to that time.
PASSED AND ADOPTED by the City O~onctl of the City of. ~J
Tustin,California,at a regular meeting thereof held on the ___-day
of Januery, 1943.
Ctt3~ C~ erk/
STATE OF CALIFORNIA )
County of Orange :
City of Tustin )
CHAS. E,NORRIS,and ex-Officio Clerk of the City Council,of
the City of Tustin,Oalifornta,does hereby certify that the whole
number of members of the City Council of the City of Tustin is five;
that the foregoing Resolution ~as passed and adopted by a majority
of the said City Council at a regular meeting thereof held on the
~.~ day of January,19~3,by the following vote,to-wit:
AYES:
Councilman K!d~d...,._Rawltngs, Gates,
.
Forney a~d Cawthon ...- ~ .
NOES: Councilmen ...... ~nn~
..
ABSENT~ O~unailmen None_
City Clerk of the ity of
Tustin, Cali fornia.