Evening journal., 1898-07-09
MORE STAMP TAX RULINGS.
MADE BY THE COMMISSIONERS OF
INTERNAL REVENUE.

LIABILITY or DEALERS IN CT
GARS-SPECIAG TAKES BY
SMALL THEATRICAL CONIPAN-
les, BOWLING ALLEYS AND
OTHER FORMS OF AMUSEMENT.
The commissioner OF internal reve-
nue. has made the following rulings:
Malt extract is liable to stamp tax
under schedule B the same as other
medicines. The fact that the substance
OF the article has already paid tax as
beer does not operate to exempt it
from tax in its new and medicinal
form.
A dealer in cigars is liable to special
tax when sales for preceding fiscal
year exceeded 2,25O,OOO cigars. Any
person commencing business as dealer
in tobacco or cigars July 1, 1898, or
subsequently during the year, is re-
quired to pay the special tax whenever
sales exceed $4,000 pounds. The spe-
cial tax will be computed from the
first day OF the month in which he
commenced to engage in the business.
Where a certificate Of deposit is Is
sued providing for payment Of inter-
est, though with the condition. If left
six months" stamp tax must be paid
thereon as follows: cents for any
sum not exceeding 800, and for each
additional 800 or fractional parts
thereof cents additional.
Special taxes are required to be paid
by small theatrical companies, as well
as a circus and other exhibitions. II a
company does not intend giving any
performance before the 1st OF Septem-
ber the tax may be computed from that
date until the first day Of July follow
ing at the rate OF 800 per year.
Articles taxable under schedule B in
the hands Of dealers July l, 1898, must
when sold be stamped according to the
retail price, and not by the reduced or
cut price.
Wharf receipts given to shipper in
exchange for which bill of lading bear
ing stamp is issued does not require
stamp.
Stamps issued under revenue laws
now repealed cannot be used in lieu OF
stamps required by the new revenue
law.
A special stamp tax is required for
each bowling alley, pool table or bill
Hard table. One stamp will not be
made to answer for several tables.
Ginger ale is not liable. to tax unless
specially advertised as medicine.
Hop ale is liable to tax as fermented
liquor, and the vendors thereof to spe-
cial tax as malt liquor dealers.
Stamps must lie affixed to premium
notes issued by insurance companies,
as well as the policies.
Subscriptions to the per cent. loan
are not taxable.
Powers OF attol ney for the collection
Of pensions, bour ty, etc, are not liable
to tax, but other powers Of attorney
require a 25-cent stamp to be at
tached.
Artificial mine al waters that have
been advertised ils possessing medici-
nal qualities are axable as medicine.
Manufacturers lof tobacco or cigars
who do not sell eaf tobacco, but who
purchase and temporarily store surplus
stock, intended for use at their several
factories,will not th erequired to pay spe-
cial tax as dealers in leaf tobacco, but
such tax will be required should they
engage in the bus iness of selling leaf
tobacco.
4 Concentrated ex tract of witch hazel
compound liquorio , powder and .seidiitz
powders are taxable as proprietary
medicinal articles.
The commissioner has a decision in
preparation in watch it will be he'd
that the stamp representing the tax
on express matter must be affixed &c
the bill lading bs the express compan-
les, and not by the individual ship
pers.
Commissioner Ss ott authorized the
statement that no revenue stamps vii
be necessary on tlle reports Of earn
ings and dividends and reports o.
condition made to the comptroller O.
the currency by national banks. as suci
reports are non-taxhble.
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