Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-11-16
MORE THAN 10000 RESIDENTS OF
THE STATE DIRECTLY At. /.
FEcrEp.
TAXPAYERS MUST MAKE
REPORT TO GOVERNMENT
Those Affected by Tax Should Write to
Collector at Dubuque For Special
Form to Make acknowledgements
Does Not Send Out Collectors A.
Many supposs-Must Act at Once.
Special to rimes-Republlcan.

Special to Times Republican.
Dubuque, Nov. 16.-According to
Louis Murphy, collector of internal
revenue for Iowa, some 10000 Iowans
are affected by the special taxes i'm
: posed by the new war revenue emer-
gency act.
.'All dealers in tobacco Except man.
ufacturers of tobacco, of cigars, and
dealers in leaf tobacco, who are other
wise specially provided for) whose an
nual receipts from the sale of tobacco
exceed 5000. must pay 1920 for each
store. shop, or other place in which
tobacco in any form is sold. There are
5000 grocery stores in cities and towns
of over 500 population; there are 1900
druggists in the state; there are $500
retail liquor dealers, and all Of these
sell tobacco in some form. There are
besides a few hundred exclusively to-
baccO shops and many barber shops
and confectionery stores handling over
5000 worth of cigars and tobacco a
year. Notwithstanding the special tax
on these dealers became effective on
Nov. l. and that If the tax is unpaid
on Dec. l, a penalty of so per cent will
also have to be paid, not hundred
of them have sent in their $780," the
collector says.
However. dealers in cigars and to-
bacco are not alone affected by special
taxes and are not the only ones dere.
lics in paying the tax. There are
brokers handling investments, who
pay 1884, and commercial brokers,
1884.
Tax on Amuse ments.
Then there are theaters, museums
and concert halls. the tax on which is
graduated according to seating capa-
city, as follows: ESQ seats and under,
1851: $50 to 500 seats, 1891; 500 to
500 seats, $50: more than 500 seats.
sS6.67.
Next there are the proprietors of
bowling alleys and billiard rooms who
must pay 1894 for each table and
alley. There are, too, the commission
merchants. who receive goods, wares
! or merchandise to sell on commission
and who must pay 1894.
The amount OF tax as have given
ut in each case Is correct. It Is eight
| twelfths Of the annual tax. due to the
fact that four months OF the govern
| ment's fiscal year had elapsed when the
tax became effective on Nov. l.
Banks. private and Incorporated
are taxed on the capital, used or en-
ployed during tho governments fiscal
year, ending June 30, 1914. In esti-
mating capital. surplus and undivided
profits must be included. The banker
will compute this amount for the year
and then take eight twelfths of the to-
tai, paying the tax on this at the rate
of 81 on each $1,000 OF capital. For
Illustration, let 1t be assumed a bank
ron June 80, 1914, had 500, 900 capital,
$4,000 surplus and $4,000 undivided
profits. The total is $4,000. Eight
twelfths OF this amount Is $116,666.e7.
The tax on this would be $116.67.
Bankers must, under pain Of penalty,
send form filed out before Dec. l.
Taxpayers Must Report.
Special taxpayers covered by this
law should at once write the collector
at Dubuque stating what their business
is and asking for form on which to
make return. They should then send
the form. filed out, together with the
amount Of the tax, to the collector.
The whole transaction must be COM
pleted by Dec. to avoid penalty.
Some taxpayers are under the i'm
preston that they need not pay the
tax until demand for it is made, and
that they are not supposed to know
the law until an officer has called and
explained their obligations In this they
are sadly in error. They are required,
under penalty, to go to the government,
not the government to them"