The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-07-26

OF late there has been much specu-
lation among store and con- pany o.
ficials in this vicinity ~ to the ex-
empton Of store order from the stamp
tax. The following Is an extract from
q ruling received yesterday by Coliec-
tor of Internal Revenue T. f. Pen
man from N. p. Scott. commissioner
"An order for merchandise and not
for the payment Of money is not Liable
to stamp tax under the provisions OF
the Act of June 10. 1898"
The ruling is based upon a specified
case submitted to the commissioner
by Collector Penman who has re-
ceived many inquiries in reference to
the liability of store orders.
Another ruling received yesterday is
the treasury departments final decis-
ion on certain extracts, essences. etc.
Until this ruling, which follows, was
given, revenue officials had not been
able to answer definitely scores of in
quiries from druggists and others who
sell the articles:
NOT TAXABLE.
The following preparations are not
taxable:
Lemon extract for flavoring ice
cream, etc.
vanilla extract for flavoring ice
cream, etc.
Extract of white vanilla.
"Oi of lemon.
Essence of rose, for fiavorng cakes.
candy, etc.
"Glycerine.
Spirits of turpentine.
sperm sewing machine Oil.
THE following are held to be tax
able as medicinal preparations:
Liberty witch-hazel, or hamamelis.
Liberty brand of jamaica ginger,
which is also trade-marked.
Spirits of camphor.
"Cold-pressed castor oil.'
Another ruling which has been anx-
iously awaited by local express COM
panies and baggage men Is as follows:
Mere local operators for the deliv-
cry of packages, baggage, and such
like, within the limits of the same
town or city are not required to give
bills of lading. Although such opera
tors may give a receipt for articles to
be delivered, such receipt is not re-
quired to be stamped. A mere carrier
as, for instance, a person with a horse
and wagon, who does a local delivery
business in a city or town, is not in
cluded within the above requirement
The carriers, which were intended to
be included within the terms of Sche-
dule A, under the head of Express
and Freight" are such as are engaged
in the transportation of express mat
ter and freight from one place to an
NJ in "a nrSi 90
merce and trade.
SOME RULINGS.
Following are several rulings re-
ceived by Collector Penman yesterday:
There is no difference in the rate
of taxation between that on chattel
mortgage and on a mortgage OF realty.
Each assignment or transfer
of the mortgage. or the renewal or con-
tinuance of any agreement or con-
tract, by letter or otherwise, requires
a stamp duty at the same rate as that
imposed on the original instrument.
No stamp is required upon
the transfer by assignment of prom
isory notes.
"A stamp is required upon assign
ment of policy of insurance.
In reckoning the stamp tax on
transfers of certificates Of shares, the
tax is reckoned on the face value.
THE treasurer Of savings associa- =
tions issues his check and at the same
time an order which are fastened to-
gether and both presented to the bank
one stamp only being required.
THE exemption granted to co-opera-
tive building and loan associations,
etc., is confined to the stock and bonds
issued by the associations therein
mentioned, and, therefore, does not re-
lieve them from other stamp taxes.
Powers of attorney to sell or trans
fer government bonds are taxable"