Evening star., 1937-06-30
ID, c, CHECK ADDS
1000 TO TAX LIST
ANDNETS$321,459
Scrutiny of Federal Income
Tax Returns Proves
Fruitful Task.
DEPUTY ASSESSOR PUTS
TOTAL AT $5,822,433
Figures Include Receipts From
Levies on Tangible and Intan-
gible Personal Property.

approximately 1000 residents were
added to the District personal property
tax lists during the past IL months
and paid s32l,459 in taxes as a result
OF a check of their income tax re-
turns to the Federal Government,
Deputy Assessor Charles A. Russell
revealed today in the fiscal year re-
port.
The new "velvet" laid on the rocky
District financial path. added to the
normal increase in personal property
collections, brought the total from
this source to s5,s22, ,433.72, or an in
crease of s756,72037 over the total
for the fiscal year 1896.
These figures include the tax re-
ceipts from the levies on tangible and
Intangible personal property and the
gross receipt and gross earnings levies
on utilities, banks, building associa.
tions and title companies.
Ending Year With Deficit.
The District, however, is ending the
1887 fiscal year today with a deficit
that may exceed sl,50O,0OO. It may
be two weeks before the District audi
tor, Maj Daniel J. Donovan, has all
the tabulations at hand The District
has general fund cash balance of
some s3,50o.000 to its credit at the
Treasury. but all this is obligated
under appropriations already made.
Agents of the District assessor began
check of the green sheets" at the
Internal Revenue Bureau last july,
making prompt use of the power given
by Congress to local taxing officials to
check local returns against the dupli-
Gates Of the income-tax returns made
to the United States.
AS a result, 4tussell's division mailed
out 1880 letters during the past
year, demanding District residents
to file personal property returns on
finding they had not done so last
July. Returns came back from 10000
OF this number and 1000 OF these
were placed on the personal property
tax list. The remainder. 6,000 were
found not to have sufficient personal
property upon which to place levy.
4,5o0 Fail to Re pond.
There are about $500 persons who
as yet have not responded with re-
turns to the District. Russell said
re drive will be continued against
Y IN in the next six months. Dur
i.!g the past year the District lik 1
mandamus suits against 100 persons
to force the filing of returns.
The persona property returns for
the 1888 escai year. beginning to-
morrow, will be due during July, the
levy to apply to holdings as of July /.
Persons failing to file the returns in
July. Russell warned, will be subject
to a penalty of 20 per cent for de-
linquency on returns, plus penalty
of l per cent per month for de-
linquency in making tax payments
Any person maintaining place of
abode in the District on July /, and
for three-month period prior thereto,
is liable to a tax on their intangible
property, regardless of legal residence
or regardless Of where the property is
held, Russell said.
From tangible and intangible per-
sonal property during the past IL
months the District collected $3,-
741, 1,080.
Levy on Banks Earnings.
The per cent levy on the gross
earnings Of banks and trust COM
panies produced $434,634, the per
cent levy on the gross earnings of the
gas companies s280,301. the 4 per cent
on gross earnings of the electric and
81 lchone companies and the per
rfnt on gross receipts of the street
failway company and the per cent
on gross earnings of incorporated saw
ings banks Qess interest paid to de-
positors) brought in s1,215.776. the 2
per cent on the gross receipts Of build
hng and loan associations $l20,245, the
~ per cent levy on gross receipts of
bonding companies and title insurance
companies s28,494 and miscellaneous