The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-05-06
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REVENUE TAX REDUCED.
After July First No Need to Stamp
Checks.

On and after the first day of next
July people who are so fortunate as
to have thirteen dollars or more in
the bank will not have to put little
red stamp ON each and every check
that they may issue for the payment
OF rent or other purposes.
The tax on drafts or orders or cer-
tificates of deposit, promissory notes,
mortgages, powers Of attorney, post
office money orders export bills of lad
ing, manifests for custom house entry
Or clearance of cargo, charter parties
is also repaled and after the date
named it will not be unnecessary to
stamp documents of this character.
The tax is also repealed on tele-
grams express receipts, certificates of
all kinds, except certificates Of profit
or certificates showing interest in
properties or accumulations of COM
panies, warehouse receipts, telephone
messages and insurance policies.
The stamp tax on medical proprie-
tary articles, perfumery and cosmetics,
chewing gum and all articles in sched-
ule B except wines is also repealed.
The tax on legacies for religious
charitable, literary or educational pur-
poses has been repealed and the
change went into effect the first of
March.
Taxes will be reduced after July /
on the following: Conveyances of real
estate, passage tickets, cigars, snuff,
tobacco fermented liquors foreign
money bills of exchange and foreign
orders.
Commencing April additional tax.
es were imposed upon dealers in grain
securities, etc, doing a bucketshoop
business, also stamp tax on contract
agreements of such dealers.
c. M. Webster, collector of inter
ral revenue, has received from Commits
sioner Yerkes, concise statement ol
the articles upon which the special
war tax levied during the last two
years will be removed by the new law
which goes into effect July l.
That there may be no misunder
standing as to the status of the vari
GUS articles and instruments affected
by the amendments to the special wal
tax law, Commissioner Yerkes has
mailed the collectors, shorn of the
usual department red tape and yer
biage, statement of the change made
by the new law.
Mr.. Webster has also received 8
decision from commissioner Yerkes
which prescribes the method ant
form necessary on the part of tobac
co and stamp manufacturers, to re
deem stamps. The decision on thi!
subject says: "You are informed tina;
a manufacturer who has original ant
unbroken stamp factory packages o
snuff on hand July /, 1901, tax pait
at the rate of IL cents per pound will
be entitled to a rebate of "a cent
per pound, but no rebate will be pai'
on goods sold by the manufacture
} or removed from the factory on ant
after that date. No rebate will b.
, made upon stamped packages of te
J bacco, snuff or cigars in the hand
| of dealers, except such as were pul
chased previously to July, 1901, whicl
!, are in their hands or in transit o.
! that date, and no rebate will be mad
= on unused stamps issued previous t
3 July, 1901. and held by manufacturer
j o ntobacco on that date. nor can sue
: unused stamps be exchanged for othe
y stamps issued on a basis of 20 pc
1 cent discount.
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