Kitex Department of Treasury

The Department of the Treasury is an executive department and the treasury of the Kitexian federal government. It was established by an Act of Parliament in 2008 to manage government revenue. The Department is administered by the Secretary of the Treasury, who is a member of the Cabinet.

Responsibilities
The basic functions of the Department of the Treasury include:

Managing federal finances;

Collecting taxes, duties and monies paid to and due to Kitex and paying all bills of Kitex;

Producing all postage stamps, currency, and coinage;

Managing government accounts and Kitexian public debt;

Supervising national banks and thrift institutions;

Advising on domestic and international financial, monetary, economic, trade and tax policy – fiscal policy being the sum of these, and the ultimate responsibility of Parliament.

Enforcing Federal finance and tax laws;

Investigating and prosecuting tax evaders, counterfeiters, forgers, smugglers, illicit spirits distillers, and gun law violators. With respect to the estimation of revenues for the executive branch, Treasury serves a purpose parallel to that of the Office of Management and Budget for the estimation of spending for the executive branch, the Joint Committee on Taxation for the estimation of revenues for Congress, and the Congressional Budget Office for the estimation of spending for Congress.

The term Treasury reform usually refers narrowly to reform of monetary policy and related economic policy and accounting reform. The broader term monetary reform usually refers to reform of policy of institutions such as the International Monetary Fund.

Organization
Secretary of the Treasury

Deputy Secretary of the Treasury

Treasurer of Kitex

Kitex Mint

Bureau of Engraving and Printing

Under Secretary for Domestic Finance

Assistant Secretary for Financial Institutions

Assistant Secretary for Financial Markets

Assistant Secretary for of Fiscal Service

Financial Management Service

Bureau of Public Debt

Under Secretary for International Affairs

Assistant Secretary for International Affairs

Under Secretary for Terrorism and Financial Intelligence

Assistant Secretary for Terrorist Financing

Assistant Secretary for Intelligence and Analysis

Financial Crimes Enforcement Network

Assistant Secretary for Economic Policy

Assistant Secretary for Legislative Affairs

Assistant Secretary for Management

Chief Financial Officer

Chief Performance Officer

Assistant Secretary for Public Affairs

Direcor of policy planning

Assistant Secretary for Tax Policy

Internal Revenue Service

Alcohol and Tobacco Tax and Trade Bureau

Inspector General for Tax Administration (TIGTA) Official website

Office of the General Counsel

Office of the Comptroller of the Currency

Office of Thrift Supervision

The Office of the General Counsel is charged with supervising all legal proceedings involving the collection of debts due Kitex, establishing regulations to guide customs collectors, issuing distress warrants against delinquent revenue collectors or receivers of public money, examining Treasury officers' official bonds and related legal documents, serving as legal adviser to the department and administered lands acquired by Kitex in payment for debts.