Loading...
HomeMy WebLinkAboutReso - CC - 022-1943RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAA4E RELATING TO THE ADMINISTRATION OF THE CURRENT TAX PAYMENT ACT OF 1 9 4 3. WHEREAS, the Current T^s Payment Act of 1943, provides for the collection of income taxes at the source by employers; and WHEREAS, 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 there- of to the Federal government; and WTHF,REAS, 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 nay roll. period beginning before July 1, 1943; and WHEREAS, deductions, At the option of the employer, may be computed on the wages paid at any -payroll period, or upon the basis of wage bracket withholding tables set forth in Section 1622 (c) (1) of the act. NOVI THEREFORE, the City Council of the City of Bur- lingame does hereby resolve Ac follows: Section 1. That, beginning with the first payroll period commencing after July 1, 1943, and on every payroll thereafter, the City Treasurer 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 paid by the Current Tax Payment Act of 1943 based on the wage bracket with- holding tables provided in Section 1622 (a) (1) of said act; Section 2. The City Treasurer st the time of making up the payroll or immediately thereafter shall transfer the monies deducted therefrom under the provisions of this resolution and deposit the same in a separate account in the Burlingame e. %W - 2 - branch, Bank of .America, National Trust and Savings Associa- tion, designated "Income Tax Account held for the benefit of the Commissioner of Internal Revenue". The monies accumulated from such withholdings shall be paid by the City Treasurer to the United States Collector of Internal Revenue in San Francisco, California, 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. Section 3. On or before January 31, of each year subsequent to 1943, or when the last payment of wages is paid, if employment is terminated before the close of the calendar year, the City Treasurer 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 tax withheld and paid in respect to such wages. A duplicate of each statement shall be made and filed in accordance with regulations prescribed by the Commissioner of Internal Revenue. The aforesaid officer shall keep such records and make such reports to the Commissioner of Internal Revenue of wages paid and the tax collected and raid with respect thereto as the Commissioner may require and prescribe under the Provisions of said act. Section 4. 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 withheld. The foregoing Resolution etas introduced and duly r — 3 — adopted at a rep-ular meeting of the City Council of the City of Burlingame held on July 6, 1943, by the following vote: AYES COUNCILb1EN: BURROWS, COL& AN, DAHL, HUNT, ROTA NOES COUNCIILLEN: NONE ABSENT COUNC HMN: NONE ATTEST: CITY CLERK ____MAYOR � II m JUL `f 1943 IN OFFICE OF LITY CLERK ASSESSOR CITY OF BUeRLINGAME