THE TAXATION OF INCREASES IN PERSONAL INCOME

Abstract

The taxpayer meets his various tax obligations, and the levies are finally recorded as collected in the Treasury Department under a procedure which is somewhat complicated. The taxation offices (eight or nine to each province) prepare the majority of the tax bills. They are responsible for all indirect tax bills and some of the direct taxes. The city, town, and village offices prepare the remainder. The actual collection of the taxtion office levies is delegated (except for delinquent taxes) to the city, town, village, local postoffices and banks. The tax bill indicates the office to receive the tax payment. For example, all local governments and postoffices are authorized to receive both national and provincial taxpayments while the Industrial Bank may collect only provincial taxes, and the Bank of Chosen and its branches, only national levies. In cities where taxation offices are located, banks (other than the Chosen) are authorized to receive paym nt for the third (personal) income tax. Each of the various collection