Mexico weekly ledger., 1914-12-03
THE NEW WAR
TAX YOU MUST PAY

TIA tUu WUuI TIL
ne rev Stamp Tax Law to help
ne government collect los million
aoilArS with which to make up the
AeNoienoy in revenue caused by
sArsnksge in import duties since the
beginning Of the war. went into eff
fecs December l. The tax win be in
eef~t thirteen months, until Deem
Der 81, 1918
Three classes Of stamps are pro-
vided by the government for the
payment Of the new taxes ode class
win be only for use on yroprietary
articles. anoshsr for wines the third
for documents. There will be SVEN
sy-one denominations in each set of
the proprietary stamps, ranging
from enS-eighth Of a cent the smll-
est to twenty cents; the document
airy stamps ranging from one-hlf a
cent to $1,000. About the only thing
the $1,000 stamps can be used on is
8 promissory note for s =.lllion dol
lars or a deed where the unincumber
ed value conveyed will exceed / mill
lion dollars The wine tax will range
from tive cents a quart to twenty
cents a quart
A Tax on kilograms.
The law puts a tax Of one rent on
all telegram messages or telephone
conversations for which the charge
is fifteen cents or more, but the send
er Of the message does not affix the
tax, the company charges the sender
enc cent in addition to the regular
charge and at the end of each month
reports to the government the num-
Der Of messages and pays the tax.
On each freight and express ship
ment the charge for which is more
than five cents the company shall
give TO the shipper q bill of lading or
some other kind of q receipt and the
shipper must affix to it a one-cent
stamp and cancel it. There is no tax
on parcels sent by mail.
The buyer of a ticket sold in this
country for passage by vessel 10 a
foreign port costing from $40 TO $50
must pay a tax Of 81, from $50 to
$50, IS; costing more than $50, IS.
Other Taxable Things.
Every seat sold in a palace or par
Tor car, and every ticket sold for a
berth in a sleeping car is taxed one
cent, to be paid by the company.
Other taxes are: Protest upon a
note, bill of exchange, acceptance,
check or draft, twenty-five cents;
power Of attorney to perform any
act, twenty-five cents; indemnifying
bonds. fifty cents; certificate of prof
its and transfers thereof, two cents
on each 500 of face value or frac-
ton thereof; certificate of damage,
twenty-five cents; any other kind of
certificate required by law, ten
cents; each brokers' note or
andum of sale of property of any
kind, ten cents; each writing of con
veyance of realty, from 500 to $500,
fifty cents, and for each additional
$500 or fraction thereof, fifty cents
There is no tax on any instrument
goods to secure a debit; entry of
gods at customs house, twenty-five
cents for 500 or under; from 500
to $500, fifty cents; exceeding $500,
81; entry for the withdrawal Of any
goods from customs bonded ware
house, fifty cents.
Each policy OF insurance, a tax of
one-hah of one cent on each dollar or
fractional part thereof of the premi-
UNI. Purely cooperative and mu-
tual fire insurance policies and poll
cies of reinsurance are exempt from
the tax.
Each policy of indemnity insur-
ance, such as employers liability, fl
deity, plate glass, steam boiler, bur
glary, elevator automatic sprinkler
or like kind of insurance, except life,
personal accident and health insur-
ance, one cent on each dollar of the
amount Of premium charged. The
same tax is imposed on indemnity
bonds and obligations guaranteeing
titles to real estate or mercantile
credits.
On each bond, debenture or certifi-
cate of Indebtedness, five cents on
each 500 of face value or fraction
thereof and the same on each origin
al issue of certificates of stock, on
all sales or agreements to sell shares
or certificates of stock.
Upon each sale or agreement of
sale of products or merchandise at a
stock exchange or board of trade,
one cent for each 500,
Promissory notes and renewals,
two cents for any sum up to 500
and for each additional 500 or frac-
tional part thereof, two cents.
Perfumery and cosmetics and sim
liar articles not exceeding five cents
in value, one-eighth of a cent; from
five to ten cents in value, two-eigthts
of ~one-cent; ten to fifteen cents, three
eighths Of one cent; fifteen and
twenty-five cents, five-eighths of one
cent, and the same for each addition
al twenty-five cents of value.
Chewing gum, four cents for each
81 of value.
The law provides that the forego-
ing proprietary articles that may be
in the hands of manufacturers, whole
salers or retailers December | must
have the necessary stamps affixed
when they are sold at retail