The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1909-07-25

republican partisan press has been oe-
crying 50 bitterly, is bearing fruits
which promise in the future to take
the burden Of taxation for thc sup
port of state government largely
off the shoulders OF the individual
taxpayers Of the state. Is proven by
the records Of the state auditors of.
fee showing the first years operation
Of the gross revenue and production
tax
$GoOOOoO cash now in the state
treasury and property held under cx-
ocutiCu FOR s57OODO0 more. which Ia
all probability will be- collected with.
in go days, Is the tangible evidence
of the material benefit in ono year
to the people Of Oklahoma, or un,
democratic measure. fearlcssly and
efficiently enforced by State Auditor
Trap.
The s6O,OOOOO already collected
comes entirely from the oil gas. irau.
zinc. and asphalt producers, and rep
rescnts only small proportion OF
the revenue that will come 70 the
state when all OF the provisions of
the gross revenue and production
tax laws become operative. The law
really consists OF two distinct
branches. and only the gross pro1u,-
ton provisions have been in effect
for the current year The first tax
under the gross revenue feature OF
The law will no, be- collectible until
October lst. 1909.
The s57.OOOOO collection of which
is now sought by the state auditor
by levy and executions. Is due from
the coal mining companies that have
resisted payment of the gross pro
duction tax. When these take, J,.
come delinquent on July I. OF this
year, Auditor Trapp Immediately is.
sued his warrants against the prop.
erty OF the coal companies. TO the
sheriff OF Pittsburg. lie Flore and
Latimer counties, who now hold
property values at several hunarr,.
thousand dollars, pending hearing
In district Court on an Injunction
sought by the coal companies to pre-
vent the sale OF this property to
satisfy the warrants.
While the revenue under the gross
production sections OF the law will
amount this year TO about 1925 900
] 1t probably will be only small part
OF the funds derived from the law
. when the provisions for gross
revenue tax on public service cor.
poratlons are put In operation. Under
the gross revenue provisions public
service corporations are required
To pay tax on their gross
receipts for each fiscal year. Where
such corporations do business
, wholly within the state the tax Is
computed on their total gro-s re-
ceipts. Where corporations do an
, Interstate business the tax Is TO he
computed in such proportion as tn
gross receipt from business in Ok
lahoma bear TO the total gross re-
c"ipts OF the corporations Although
the law was enacted by the first
, legislature the corporations named
In the law are required TO pay their
, first annual assessment for the fis.
cal year ending June 30. 1909 and
for each fiscal year thereafter Such
tax Is made due and collectlble on
or before the first day OF October
OF each year, so the first tax collec.
ton under this branch OF the law
VIII occur the first OF October neyr.
For the purpose OF determining the
amount OF such tax the managing Of
tcer or agent OF each corporation
Is required, on or before October |
each year 20 report to he State Au-
/ ditor, under oath the gross receipts
ot such corporation from every
source whatsoever. for the fiscal year
ending June 30 last preceding
Should the state auditor deem tho
returns OF any corporation incorrect
he is gwen power 10 require such
corporation TO furnish any addition.
al information deemed TO be- neces.
sary for the purpose OF computing
the amount ~ said tax, and 10 ex-
anime the books and records or sue.
corporation. Whenever II shall ap.
pear TO the State Auditor that any
public service corporation has will.
fully made an incorrect entry or re-
turn OF los gros receipts It IS Hts
duty TO ascertain the correct amount
and compute the tax thereon caars-
ing 'he corporation with the cost OF
such investigation.
Should any public service corpo-
ration fail 20 furnish the report Of
It's gross rccalutS by October / Il Is