The Daily Alaska empire., 1947-03-04
NET INCOMES, PROPERTY TAX ACTS OFFERED
Uniform Licensing Meas ure Third of Fund.-
 Raising Bills

Three bills designed to establish modernized tax basis for Alaska were pitched into the Alaska Sen ate this morning by an unusual battery of Senators Victor C. Riv- CTS and Norman R. Walker. The three strikes were accompanied by poetic parody voiced from the bleachers by Senator Charles D. Jones, entitled. What Strange Bedfellows Politics Makes
 Rivers and Walker were the only members of the Senate's Taxation Committee willing to put theii names to the three bills. which are:
 s. B. 8l-to levy net income tax equal to 10 percent of the Federal Income tax paid by all individuals. corporations, banks, etc. The proposed act provides for withholding by payroll deduc- tions and requires payment of the tax in full by all nonresident workers-with Alaskans of l2 months residence immediately preceding allowed a tax credit of s45
 Most of the machinery of the inceme tax Is adopted, by refer ence only, from the Federal In- ternal Revenue Code and regula- tions promulgated hereunder U s. Bureau of Revenue interpreta- tion would be applicable to the Alaska Act.
 Provisions of Act Provisions of the act would ap- ply to the taxable year commenc- ing January l, l947. or to cor responding fiscal periods, includ- ing fractions of taxable years end ing in 1947 The tax, other than one net income of individuals whose sole income in Alaska con sists of salaries or wages, may be calculated as flat ten percent of the Federal income tax for the corresponding period or at ten percent on the proportion of Fed eral tax derived from sources within the Territory
 Tax on shipping and on em- ployees aboard the vessels would be determined by the number of days spent by the craft within Alaska waters. similar provision is made for aircraft operations, motor vehicles.
 Tax returns would be required of all persons or firms required to make Federal income returns, oth- CT than withholding receipts, and tax would be payable to the Terri torial Tax Commissiore: at the same time and in the same man ner as Federal income tax is paid Appeal to the courts would be allowed in cases of disagreement with findings of tie Tax Commis- sioner. The Tax Commissioner would be limited to five percent of collections for administration of the tax act
 Estimated Revenue It is stated by proponents of the income tax bill that the Tax Commissioner has estimated rev. enues from the measure at sl 250,- 900 per year. or two and one-half million for the biennium. Those favoring the measure describe 1t as. Complete, but short, simple, easy to administer and non-dis- orimiratory. Administration and enforcement, they state. will be easier, less costly and more effec- tive than the usual type of state income tax law.
 Property Tax
 S. B. 80--would levy a tax equal to 10 mills, the maximum allowed by the Organic Act. on all Alaska property.
 Owners would be required to declare the value of their proper ty to a three-man appraisal and equalization board in each Judicial Division. which would have au- thority to review and adjust val nations submitted to it. All ap- praisals and equalizations would be made by the divisional boards but mailing of assessment notices. receiving of taxes and receipting for them would be done by offices of the Tax Commissioner Property taxes would be paid annually, with adjustments made as frequently as boards might find necessary The tax would be col lectable on all property. within and without municipalities; but all collections upon property within inrnrflnra fnufDS school dis