Milford chronicle., 1937-01-22
Tax Collections
Total $4,SO1,334

ing payment of the taxes, and COM
pliance with all other prescribed
duties have been met.
3. A specific monetary penalty
should be provided against tardiness
and neglect on the part of executors
who, without justiiable cause, fail
to report within the time prescribed
by law.
4. Estates which are contingent
upon the happening of a future
event (the value of which cannot
be determined at the time of the
filing of report) which may or may
not vest in persons taxable at a less
rate. should be taxed at the rate of
tax applicable to non-relatives, sub
ject to refund upon the happening
of the contingency which changes
the tax liability to a lower rate.
5. In order to remove doubt ex-
listing in the present law as to al
lowable deductions, a specific pro-
vision should be made permitting
deduction of debts of the decedent,
funeral, and burial expenses. COM
missions allowed executors and ad-
ministrators by regifter of wills,
and cost of administration, includ-
ing attorneys fees. but not includ-
ing losses on sale of assets.
s. Devises or bequests which are
to be exempt from tax should be
specifically provided for by law.
Usually included are devises or be-
quests for use of this State or its
political subdivisions or for general
use, or any corporation, church, or
chest. organized exclu-
sively for religious, scientific. or ed
ucational purposes. or for preven-
tion of cruelty to children or ami
mails, no part of the earnings of
which inure to the benefit of any
private shareholder.
License Laws Obscure
Numerous uncertainties, Mr.. du-
Pont reports. result from attempts
10 determine the need of license for
certain business under the business
license laws. Ambiguity and in
equity in the law as 1t now exists
,ause this uncertainty. he explains.
His recommendations to clarity
he definitions of those requiring IL
eense are:
l. The most disputed definition
n this law is that of contractor. |
resulted from the !
IMPOSITION of the same rate upon |
contractors and subcontractors with |
arge and small volume of business. |
The tax Office has made analysis of
he volume of business of all con-
ractors and proposes graduated
ate to eliminate the hardships and
resulting from the
at rate now in effect.
2. Duplication of licenses has re-
ulted where. under the same pro-
more than one line of
usiness Is carried on requiring Ii
enses. An example of the need for
lore than one license is that of
awnbroker, for which license is re-
uired to accept articles to pawn. In
ldition, a merchandising business
usually operated by pawnbroker
no also deals in old gold. jewelry
nd deadly weapons. All four addi-
onal activities require separate IL
,Eses. The law could well provide :
n licensing such business requir-
& the highest rate applying to any
le of the business conducted, and
/ auxiliary license of SIS for each {
Iditional business.
3. Provisions should be made for q
e enforcement of license laws a
through the magistrates
bee rather than through the at l
rney generals Office. a
4. Complaints have been received d
Dm merchants operating under
arly license. against persons car :
ing on seasonal businesses. Rec 0
is made that the law .
ovide for a short term license for q
businesses of seasonal nature at
} rate of SIS for 80 days. q
5. Provision to permit refund of p
ense enormously applied for. or o
sgally collected, should be made. c.
Drafts of proposed statutes to a
Ike effective the recommendations o
1tained In this report are being y
,pared by the tax department for
omission to proper legislative au-
'rity. ii