Sorry, you need to enable JavaScript to visit this website.

ocfo

Office of the Chief Financial Officer
 

DC Agency Top Menu

Make in-person appointments at the Recorder of Deeds Office. Learn more here.

-A +A
Bookmark and Share

2016 PM0 Tax Revision Commission


Friday, July 17, 2015

The mission of the Tax Revision Commission (TRC) is to conduct a broad and deep review of the District’s tax laws, tax expenditures, revenues, tax base, and economy, and to provide the Council and the Mayor with recommendations for reform.

The Commission was established pursuant the Tax Revision Commission Reestablishment Act of 2011 (“the Act”) to prepare comprehensive recommendations to the Council and the Mayor that provide for fairness in apportionment of taxes; broaden the tax base; make the District’s tax policy more competitive with surrounding jurisdictions; encourage business growth and job creation; and modernize, simplify, and increase transparency in the District’s tax code.
The Act (as amended by Tax Revision Commission Report Extension and Procurement Streamlining Congressional Review Emergency Declaration Resolution of 2013) stipulated that upon the submission of its final report on the District’s tax policy to the Council and the Mayor at the end of fiscal year 2013 that it would be abolished. To complete its duties, the Approved Fiscal Year 2014 budget provided funding to allow the agency to operate through the end of the first quarter of the District’s fiscal year, that is, through December 2013, with certain closing functions occurring through March 2014.

Attachment(s):