DRAFT CSC, Title 7. Municipal Affairs
 
CHAPTER 10
Municipal Copra Tax

1451.  Imposition.
1452.  Collection.
1453.  Records.
1454.  Payment.
1455.  Disposition of revenues.
1456.  Report.
1457.  Civil penalty.
1458.  Criminal penalty.

      1451.  Imposition.
     There is hereby imposed a copra sales tax of $.001 per pound on all copra purchased from the municipalities in Truk District Chuuk State.

Source:  TDL 24-1-6, 1 (part), modified.

      1452.  Collection.
     All copra sales taxes imposed by this Chapter shall be collected by all exporters or their duly authorized agents, which taxes shall be deducted from the amount paid to copra producers by the said exporters or their authorized agents. For the purposes of this Chapter, an exporter deemed to be the final local purchaser who acquires title to copra prior to its shipment from Truk District Chuuk State.

Source:  TDL 24-1-6, 1 (part), modified.

      1453.  Records.
     All exporters shall maintain accurate daily records of all copra purchases, showing dates, names of sellers, the municipality where the copra was grown, gross weights, and price per pound.  Such records shall be available at all reasonable times for inspection upon request by the District State Treasurer or his authorized representative.

Source:  TDL 24-1-6, 1 (part).

      1454.  Payment.
     All copra taxes collectable under this Act Chapter, including those taxes which have been collected by the exporters and remaining unpaid to the District State Treasurer prior to the effective date of this Act Chapter, shall be paid to the District State Treasurer, on a date to be determined by the District State Treasurer. s Office.  Payments made after the effective date of this Act Chapter shall be on a monthly basis.  All control fund records, collection, deposits, withdrawals, and disbursements shall be supervised by the District State Treasurer, the Truk District Chuuk State Legislature, and by the District Administrator Governor or his duly authorized representative.  However, deficiencies in said fund, including partial or total loss thereof, shall not impose liability upon the government of the Trust Territory of the Pacific Islands Federated States of Micronesia or Chuuk State, or upon any of its employees for acts committed within the scope of their official duties.

Source:  TDL 24-1-6, 1 (part), modified.

      1455.  Disposition of revenues.
     All revenues derived from collection of said tax shall be used exclusively for meeting the expenses of the individual municipal governments in Truk District Chuuk State.  Quarterly disbursements will be made from this tax fund to the municipal government in proportion to the amount of copra purchased by the exporters from the municipalities.

Source:  TDL 24-1-6, 1 (part), modified.

      1456.  Reports.
     The District State Treasurer shall present a quarterly report on the collection and disbursements of this tax fund to the District Administrator Governor, Truk, and to the Truk District Chuuk State Legislature, an annual report to the District State Magistrates' Conference, and such other reports as the District Administrator Governor shall deem advisable.

Source:  TDL 24-1-6, 1 (part), modified.

      1457.  Civil Penalty.
     Any exporter failing to collect and pay this tax to the District State Treasurer or who fails to comply with the provisions of this Chapter shall be considered delinquent under this Chapter and shall be subject to a penalty equal to twice the amount of tax found to be owing.

Source:  TDL 24-1-6, 1 (part), modified.

      1458.  Criminal Penalty.
     Any exporter who knowingly, willfully and unlawfully violates or refuses to comply with the  provisions of this Act Chapter, or with any regulations duly issued by the District State Treasurer,  shall, upon conviction thereof, be fined not more than one hundred dollars ($100.00) or imprisoned for not more than six (6) months, or both such fine and imprisonment.

Source:  TDL 24-1-6, 1 (part), modified.