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1 result for North Carolina--History--World War, 1939-1945--Victory tax
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Record #:
17185
Author(s):
Abstract:
Beginning January 1, 1943, until after cessation of hostilities, every officer, agent and employee of the North Carolina and of every county, city and town thereof, will be required to pay a tax equal to five percent of his gross income in excess of a specific exemption of $624 per year. By virtue of the Revenue Act of 1942, every county, city and town becomes a federal tax collector, without being placed on the federal payroll.
Source: