The Marietta journal. (Marietta, Ga.) 1918-1944, 1919-04-11
TAX COMMISSION SUBMITS
DRAFT OF NEW TAX LAWS
CONTINUED from page one)

equity DOdIuS VI 1SNlcW VI dSSSSSHlenL
findings at the county site of each
county, and as nearly at the same
time as is practicable.
County Boards of Review
These boards shall be practically as
at present provided for with some
changes as to time allotted for carry
ing out certain requirements. All
appeals by aggrieved parties from
this boards findings shall be made
to the Deputy Tax Commissioner
assigned to such county to hear such
appeals, instead of to local arbitrat-
'ors, as now Either the individual
or the board Of review may appeal
from the Deputy Commissioners de-
cision to the Tax Commission.
County Tax Receiver
This officer shall be elected as now
and perform the duties of an actual
assessor" of property. He shall per-
sonally examine every piece of real
estate to be assessed by him and also
the buildings thereon and enter the
fair market value Of each in separate
columns in his digest. This examina-
ton and assessment shall be made
Quadrennially, and shall remain in
force for four years unless there is
very decided change in the value of
either. In this case he shall report
same to the Tax Commission, who may
order re-assessment. He shall de-
termine these values from his knowl-
edge of conditions which have legit-
innate bearing upon values, together
with the information received from
him through the statement of real
estate transfers furnished by the
Clerk of the Superior Court.
If tax maps are furnished he shall
note on them all improvements mode
in public buildings, and shall keep in
touch with all those things which
affect values. He shall attend the
annual meeting of the tax receivers
herein provided for, so that such
values may be there determined on
some common basis, which will bet
ter insure an equitable assessment
of all property.
Tax Collector
The Collectors shall make their col
lectlons under instruction from the
Comptroller-General, and make re-
mittance to him. They shall be ex-
offlclo sheriffs, for the sole purpose
OF collecting tax fl fas, and empower
ed to name such deputies as they may
need, who shall furnish proper bonds.
Clerks of Superior Court
The Clerks of the Superior Courts
shall make a synopsis of all transfers
of realty which are brought to them
for recording, stating the name of the
krantor and the grantee, the number
of acres where acreage is the basis,
location of the property, the price
per acre per lot, and the character
of the instrument. They shall be paid
a reasonable compensation for this
A copy of this synopsis shall be for
warded to the State Tax Commission
and filed in their office.
Tax Payers
n The tax payer shall list his property
Upon the tax rolls furnished by the
commission at its fair market value,
except real estate, upon which he
need not put any valuation.
All papers transferring real estate
either in part or in full shall name
the actual price paid. This is very
necessary in order that the receiver
may have real values upon which to
base his conclusions as to the value
of nearby properties. All papers Of
fered for recordation or registration
shall specifically name the party
whose interest is protected thereby.
Bank Deposits
All banks, banking associations and
trust companies shall report directly
to the State Tax Commission in such
detail as said commission may require
and be assessed as is now done.
All deposits in these institutions
subject to taxation shall constitute
a distinct class for purposes of taxa
ton. They shall be taxed for state
purposes only and at rate of 49,
cents per 500. The bank acts as
agent for the depositors and shall
have the right to charge the tax to
his account. (See Exhibit A, Banks.)
4 Business License Tax
The raising of revenue by the i'm
position of special taxes on such pro-
LESSONS and businesses as produce
considerable incomes without the en-
ployment of much capital, or as en-
Joy special privileges, or are regarded
as more or less harmful to the public
welfare, is now a firmly established
part of the taxing system in this and
other countries. We recommend that
it be continued.
Corporations
@All corporations now required to
make returns to the Comptroller-Gen-
eral, except insurance companies,
shall make their returns directly to
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