Public Papers and Letters of Oliver Max Gardner: Governor of North Carolina, 1929-1933

By Edwin Gill; David Leroy Corbitt | Go to book overview

I personally take great pride in Mr. Maxwell's masterly accomplishment and herewith submit his letter for your information and consideration:

Dear Governor Gardner:

Replying to your request for a statement of the additional income taxes assessed and collected by the Department of Revenue, I beg to advise that since July 1, 1930, we have collected additional back tax assessments on incomes in the amount of $465,- 536.76, and that there remains on our books at this time additional assessments of back income taxes made but not finally adjusted and collected in the amount of $321,333.13.

This sum of $465,536.76 of additional income taxes collected since July 1, 1930, represents our collection of back taxes on returns filed for the years 1927, 1928, and 1929. This total was divided as follows: $57,661.86 represented collections from additional assessments on personal returns; $96,627.94 on domestic corporation returns; and $311,246.98 on foreign corporations doing business in this State. We are diligently checking all returns for the past three years and have left no stone unturned to secure every available dollar which had been escaping its tax liability. With the $260,131 collected in the last fiscal year ending last June 30, the $465,536 collected so far in this fiscal year, the $311,246 additional assessments now pending for collection, and our audits not yet complete, it is apparent that our collections of additional assessments of income for previous years will in this biennium exceed a million dollars.

These additional assessments and collections of back income taxes have enabled the department to maintain the total of income taxes collected within this fiscal year in excess of collections for the same period during the past fiscal year.

These collections are the result of the work of the additional auditors which were employed in the income tax division for the purpose of bringing the audit of income tax returns up to date. Our audit and analysis of income tax returns of foreign corporations has also developed a better understanding of this problem, and has resulted in proposed changes in the income and franchise tax sections of the revenue law. With respect to rules of allocation of the proportion of capital and income of such foreign corporations which are taxable in this State, classifications were adapted

-54-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Public Papers and Letters of Oliver Max Gardner: Governor of North Carolina, 1929-1933
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 788

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.