Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1917-11-04
BUSINESS MEN To AID
IN CARRYING OUT LAW
SECRETARY M'AD00 TO APPEAL
FOR VOLUNTEERS FOR HELP IN
PUTTING NEW TAX LAW INTO
EXECUTION.

WASHINGTON, ID. c., Nov. Ser
rotary McAdoo has announced he will
ask prominent business men and law
years to assist him in carrying out the
provisions of the excess profits tax AMI
that two boards would work in an adj
visory capacity to the treasury depart
ment.
The first board designated the eX-
cess profits advisory board, will COM
prise men of wide experience in bust
ness and economics, particularly with
reference to taxation. 1t will analyze
the law, assist in drafting regulations
to make it effective and digest the
suggestions from business men of the
country which the department will en-
deavor to obtain. The second board,
DESIGNATED the advisory board of legal
review, composed of leading lawyers,
will advise the department in the
many problems of law connected with
the administration of the law. The
ed, would be announced in few days,
probably.
In his announcement Secretary Me-
Adoo said: THE creation of the ex~
cess profits advisory board is one of
the most important steps contemplated
by him for the administration of the
large task imposed by the new act.
This is the greatest tax law in
the history of the country" he said.
land it is the desire and purpose of
the secretary to administer it effectu-
ally with the least possible inconven-
fence to the public, to business and
to taxpayers generally.
Under the plan of reorganization
proposed by the secretary, an advisory
|, the commissioner Of internal revenue
| board of legal review also will be
created, to be composed of prominent
attorneys of large experience to advise
in the many problems of law connect
ed with the administration of the war
revenue act in all it's phases of taxa
ton. This board will bring to the bu-
reau fresh and intimate acquaint-
ance with modern business and legal
lpractice and thought.
lone of the most important tasks
ldevolying upon the treasury depart
ment in connection with the admins
| tration of the new law is to acquairt
| the public with all the new taxes and
how and when to pay them. This will
make an extensive campaign of educa-
ton desirable To accomplish this, the
Isecretary contempletes the creation of
a new division of work in the bureau |
under supervision of business coop
Grafton
This official will keep in close
touch with the public and business
and diffuse informatio nthrough al!
possible channels to the taxpayers.
1t is contemplated to organize for this
purpose voluntary state and local cons
mittees. These state, city, town am
precinct committees will have no ad
function, but will provide
a channel for conveying tax and rev.
enue information to every community
and will furnish helpful advice to the
regarding the application
OF the law
BY direction of the secretary, the
of internal revenue is COM
with associations in every
line of business and industry in the
country inviting suggestions with re-
gard to the Interpretation, application
or administration of the excess profits
provisions of the law These sugges-
tons viii be carefully considered and
aralyzed by the excess profits advisory
board
These measures and the reorganiza-
ton of the staff and line OF tn ebureau
Of Internal revenue will immeasura-
bly, strengthen the service and equip
il to handle the large task before it.
Tax collection in normal times has
been largely an incident in the con-
duct og government, ad busfess, while
today it is an event having the most
vital bearing on the prosecution of our
war of defense and on the vast task OF
production and distribution which war
has brought to American business.