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HomeMy WebLinkAboutReso 1943-659 RESOLUTION No. 659 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA RELATING TO THE ADMINISTRATION OF THE CURRENT TAX PAYMENT ACT OF 1943 } BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, AS FOLLOWS: THAT, WHEREAS, the Current Tax 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 thereof to the Federal Government; and WHEREAS, the withholding applies to all wages paid on or after July 1, 1943, except wages paid during the calen- dar year 1943 with respect to a payroll 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. That,beginning with the first payroll period commencing after July 1, 19!3, and on every payroll thereafter, the City Clerk 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 w thholding tables provided for in Section 1622 (c) (1) of said Act. Section 2. The City Clerk 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 Treasurer for deposit in a separate account in the Bank of America, Chula Vista Branch, desig- nated "Income Tax Account, held for the benefit of the Com- missioner of Internal Revenue." The monies accumulated from l such withholdings shalbe paid 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 finan- cial 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 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 made, if employment is terminated before the close of the calendar year, the City Clerk shall furnish to each employee with respect to his employment during the calendar year, a written - 1 - statement showing the wages paid to him for the period covered and the amount of the tax withheld and paid in res- pect to such wages. A duplicate of such 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 Com- missioner of Internal Revenue of wages paid and the tax col- lected and paid 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 hositilites 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. Section 5. The City Clerk is hereby authorized to certify true and correct copies of this resolution. PASSED, ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA the l2th day of Tuly 1943, by the following vote: AYES: Councilmen C4PA/74&,Howe,Timmons,Perkins,Kidder None NOES: Councilmen ABSENT: Councilmen None APP':-r )1,;' Mayor ATTEST: it Clerk • 2 -