Report Of The Special Joint Taxation Committee Of The 83rd Ohio General Assembly December 11 1919 PDF Download

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ...though not all of them have seen fit to follow the Wisconsin lav in its most distinctive features, that is, its administrative methods which, more than anything else have made it successful. The state income tax laws adopted since 1911 have been the following, which is a complete list so far as the writer can discover; West Virginia, 'Oklahoma, Connecticut, 1915; Massachusetts, 1916; Missouri, Delaware and Montana, 1917; New York, 1917 and 1919. Income taxes of the older sort are still in force in Virginia, North Carolina and Tennessee. 5 i The income tax laws of the past eight years may be grouped into two classes, on the basis of their scope. In one group are those laws which apply to incomes of every sort, as in Wisconsin and New York. The former state has one general income tax law, the latter has enacted separate acts for the taxation of individual and corporate incomes. The other group, comprising all other states having income tax laws, have applied these laws to a limited class of incomes. In Massachusetts, Oklahoma, Delaware and Missouri, the tax is levied on the income of individuals only, and in Massachusetts the scope of the law is further confined to certain classes of individual income. West Virginia, Connecticut and. Montana levy the tax upon corporate incomes only. There is, thus, a considerable variety in the form of the state income tax laws, in ' The Visconsin constitution now contains the following tax provisions: "The rates of taxation shall be uniform and taxes shall be levied upon such property as the legislature shall prescribe. Taxes may also be imposed upon incomes, privileges and occupations, which taxes may be graduated and progressive, and reasonable exemptions may be provided." Art. I, Sec....