The Wrangell sentinel., 1946-04-12

lexempt bonds. shall be taxable as Iretail sales. the tax being payable | by the insurer, guarantor or surety and the agent selling the same in
 the Territory shall be liable for on- Fly the tax on the gross remunere-
 tion received by him as an agent. C2) One-half of one per centum of the gross revenue computed in dollars. derived from wholesale sales made in the Territory. pay able by the wholesaler, and one half Of one per centum of the gross market value computed in dollars
 as the time of export. of all fish.
 gold. fur, lumber. and other com
 modities produced. mined. caught,
 manufactured or prOeessed in the Territory, payable by the exporter:
 provided however such wholesale and export tax shall not apply as
 to any sale made to any person in a foreign contry or to any export
 to a foreign country. unless ex- ported in bond for re-entry into the United States. This tax shall terminate at the end of the quar- ter during which three million two hundred and fifty thousand dollars
 t$3.25O, ,0O0.00) or more has been collected hereunder and the mon ey derived from said tax shall be used for no purpose other than to carry out the provisions of the All aska World War IT Veterans Act.
 Except for exports. transactions covered by this section will be tax
 able only after the money has been received from the other party by the seller of goods or renderer of services. Transactions involving export of commodities shall be tax able during the quarter in which the export occurs This tax shall be collected by the Department of Taxation pursuant to Chapter 55 Cf the Session Laws of the Terri tory of Alaska for 1945. and coy cred into the Territorial Treasury for keeping and withdrawal as de scribed in this Act Appropriate forms for the use of tax payers in computing and paying this tax shal be provided by the Tax Com missioner The tax imposed under this section shall be payable al the end of each quarter of each cal endar year and shall be due net later than one month after expira- tion of the quarter immediately preceding, beyond which time it shall be delinquent.
 CbJ PENALTIES In the event the tax is not paid before delin- quency, as provided for by this section. a penalty of 596 of such tax shall be added for the first month of delinquency, or fraction thereof. and an additional 59o for each additional month, or fraction until a total penalty of 25% has accrued. Such penalty will be assessed and collected in the same manner as the tax. Inter- est at the rate of 6% per annum from due rate until paid will ac- crue and will be assessed and col lected in the same manner as the tax
 Gel TAX LIEN. All taxes pen alties and interest assessed are hereby declared to be a lien prior. paramount and superior to all oth- CT liens. mortgages, hypotheca- tions c1nYeyances and assignments upon all the real and personal pro- perty cf the person, firm or cor poration liable therefor, and also upon all the real and personal pro perty used with the permission of the owner thereof in prosecuting the various industries or lines of business involved. The special rem edies for the recovery of this tax shall not be deemed exclusive of any other remedy, civil or crimin- al, or both, now provided by law for the recovery of moneys due and owing the Territory.
 (d) VIOLATION. A MIsDE- MEANOR. Any person. firm, CO., partnership Or corporation Vloiat- ing any of the provisions of this section shall be deemed guilty of misdemeanor. and upon conviction thereof, shall be punished as pres cribed for license tax violations in Section 3145, Compiled Laws of AL aska, 1883.
 Section f. LOAN BONUS AND
 BENEFICIARY PROVISIONS. Per
 sons eligible for loans under this
 Act shall also be eligible for the
 bonus hereinafter authorized, pro-
 vided, however, that the bonus for
 which each veteran may be eligible sbaIl ha an alternative tO the loan