The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1901-06-26
NEW WAR TAXES BEGIN
LIST ISSUED BY TREASURY
DEPARTMENT.
Act as Amended by Congress Goes Into
Effect Next Month-Some Items Of
Public Interest.

Public Interest.
The new war tax schedule as amend
ed by Congress last March VIII 20 into
effect July LIST. In many classes there
has been no change but i'm others the
changes made by Congress are quite
marked
The internal revenue department has
just issued circular giving the various
taxes that are to be collected. The list
contains those affecting the various oc-
equations from which special taxes are
collected as well as the complicated
taxes involved in lie liquor. tobacco
and other manufactures
Following is the list of documentary
and other taxes in which the public is
more generally interested.
SCHEDULE A, AS AMENDED BY
ACT OF MARCH 2. 1901.
Par. l. Bonds, debentures, or certi-
flcates of indebtedness issued after the
first day of July, "A. ID. 1898, of any as
sOCiation, company, or corporation, on
each 500 of face value or fraction
thereof Observation-Disclosures. .O5
Certificates of stock. on each original
issue of shares, on each 800 of face
value or fraction thereof. 05
Certificates of stock, upon each sale,
agreement to sell, or agreement of sale,
each 800 of face value or fraction
thereof Observation-Disclosures.
Par. ?. Sales, agreements Of sale, or
agreements to sell any products or mer-
chandise at any exchange board of
trade, or other similar place, either for
present or future delivery, for each 800
in value of said sale, etc. ......,..,,.S.0l
And for each $lC0 or fractional part
thereof i'm excess Of 500. OF.
Products and merchandise actually
in course of transportation exempt
from this taxi
Par. 3. From and after April l, 1901,
persons, associations, copartnershpS,
or corporations, in his its, or their own
behalf, or as agent, engaging in the
business of making or offering to make
contracts, agreements, trades, or trans
actions, respecting the purchase or sale,
or purchase and sale of any grain, pro-
visions, raw or manufactured cot
ton, stock, bonds, or other securities
wherein both parties thereto or such
persons, etc, contemplate or intend that
such contracts. agreements, trades or
transactions shall be or may be closed,
adjusted, or settled according or with
reference to the public market quota
tiOns of prices made on any board of
trade or exchange upon which the COM
modities or securities referred to in said
contracts agreements, trades or trans
actions are dealt in, and without bona
tide transaction on such board of trade
or exchange, or wherein both parties .OI
such persons etc, shall contemplate OF
intend that such contracts, agreements
trades or transactions shall be or may
be deemed closed or terminated when
the public market quotations of prices
made on such board of trade or eX-
change for the articles or securities
named in such contracts, etc, shall
reach certain figure, and every per-
y NtI n
corporation who, or which shall in his
or its own behalf or as agents, conduct
what is commonly known as a bucket
shop
On all such contracts, agreements,
trades, or transact ms with respect to
merchandise, on each 500 in value or
fraction thereof of the merchandise
covered or pretended to be covered so. OF
On all such contracts, agreements,
trades, or transactions with respect TO
stocks, bonds or other securities on
each 500 or fraction thereof of the face
value of the stocks, bonds or other Sc
curities covered or pretended to be COW
cred. Observation-Disclosures. O2
Par 4. Bill of exchange Gnland),
draft or order for the payment of any
sum of money, otherwise than at sight
or on demand, and for each renewal of
the same for a sum not exceeding
SlOO .'..''.''.. ''...'..,,............$ O.O2
And for each additional 800 or frac-
tional part thereof in excess of 800 SO. 02I
Par 8. Bill of exchange (foreign) or
letter or credit Including orders by tel
egraph or otherwise for the payment of
money issued by express or other COM !
panies, or any person or persons) drawn
in but payable out of the United States,
II drawn singly or otherwise than in a
set of three or more, according to the
custom of merchants and bankers, for
a sum not exceeding 800. ......... so. O2 /
For each 500 or fractional part there |
of in excess of 500. Observation-Disclosures so. O2
If urawn in sets of two or more for
every bill of each set where the sum
made payable shall not exceed 500 so. Oh
For each 800 or fractional part there
of in excess of 800. observation-disclosures OF
Excepting that bills OF exchange
drawn against the value of products or
merchandise actually exported to for
eign countries shall not be subject to
this tax, provided that such bills of eX-
change shall be accompanied by pro-
per invoices and receipts, bills of lading
or vouchers, showing that goods of a
value at least equal to the amount for
which said bill of exchange may be
drawn shall have been eXported)
Par. 6. Bills of lading, manifest, or
other evidence of receipt and forward /
ing, issued by any railroad or steam
boat company, carrier, or corporation, |
or person whose occupation is to act /
as such, except persons, companies, or |
corporations engaged in carrying on a !
local or other express business, on each
of said bills of lading, manifests, of |
other memorandum, and on each dupli-
cate thereof. .............. so. OF |
Par. I. Bond: For inuemnifying any
person or persons, firm, or corporation !
who shall have become bound or en- |
gagged as surety for the payment of any
sum of money. or for the due execution |
or performance of the duties of any
office or position, and to account for
money received by virtue thereof so. so |
Par. s. Certificate of profits, or any
certificate or memorandum showing an |
interest in the property or accumula- |
tons or any association, company, or /
corporation, and on all transfers. there !
of, on each 500, of face value or frac- |
ton thereof. .......,..,.... so. OF !
Par. 3. Contract Brokers note or |
memorandum of sale of any goods or
merchandise, stocks, bonds, exchange, |
a -