Evening journal., 1914-10-26
WAR revenue
ACT IN EFFECT
Stamp Tax, However, Not
in Force Until Decem-
ber |
so CENTS EXTRA
GOES ON BEER

The war tax act, which became
law Friday with the signature Of the
President, is now in effect.
The exceptions are the special
taxes in section on bankers. bro
kers and proprietors of theatres and
circuses and the tax on tobacco deal
ers and manufacturers, which VIII go
into effect by special provision on
November /, and stamp taxes IN
schedules A and B.
The stamp taxes are the ones that
will affect the average man on the
street. They will not go into effect
until December /. There are a few
other exceptions, but they are unim-
portant.
Adhesive Stamp Taxes.
The adhesive stamp taxes are the
ones which in most cases viii tall
directly on the average citizen. They
are:
Bonds. debentures, certificates of in
debtedness by any association, COM
pany or corporation, new issues,
500 par value ......... hach DC.
Sales or agreements to sell stock
500 par value .......... Each &C.
Agreement OF sale of products or
merchandise on exchanges, each
500 .......f.. ..-'.'' 90 - ~
Promissory notes, except banknotes
for circulation and renewals, each
| 800 ..........- ..'..'.. ....''' ~
Bundles shipped by freight and ex-
| press ............ '.''. 'i'' zee. -
Telegraph and telephone companies
on each message over 10 cents. .lc.
Senders of telephone or telegraph
messages on each over 10 cents. .lc.
Certificates of profits of corporations
etc. and transfers thereof, race
+ value each. 800. 00............... 20.
Damage certificates, etc. ......... zoc'
Other certificates required by law loc.
Brokers' note OF memorandum OF
sale .......... ...........' .''. lVO'
Deeds or realty transfers valued be-
tween 500 and $500 ...........5 5Oc.
Deeds. do. each additional $500 .5Oc.
Entry of goods at custom house, 500
value .... ................ DUO
Ditto. not exceeding $500 value ..5Oc.
Ditto, exceeding $500 value .......Sl.
Entry for withdrawal of goods from
customs bonded warehouse .5Oc.
Insurance of property, new or renewed
policies, each 81 .l-2c.
Policies of insurance or bond of ma
ture of indemnity for loss, each
81 ..... ............. ........ &c
Passenger tickets by sea to foreign
ports, costing less than $40 81
Ditto, not exceeding $50 ......... 80
Ditto, exceeding $50 ...... so
perfumery. cosmetics, etc, vaseline
hair dyes. tooth washes, graded II
values Of five cents up to Is cents
each five cents of value .l-S'
y Ditto, valued from IS to 25 cents, 5-Sc
u Ditto. each additional 25 cents re
- tail. ..... ...... ..........-. -0-o'
', Chewing gum, etc, valued less tina
81 a unit ..... .......-....-4 loo
l. Ditto. each additional 81 ....4 Loo
= Voting powers or proxies ........1 100
y Power to convey real estate, pro
tests .......... .............. zoe
y Palace or parlor car seat or berth. 1c
/" The Conference Committee changes
the telegraph and telephone tax t
require the company 10 collect it from
the person paying for the message il
! lieu OF the word Sender"
The Government will collect thl
sleeping car ticket tax from the com
panies.
, The tax imposed under the new Law
) shall not be levied after December 81
1915.
2 Taxes on Beverages.
4 The principal feature of the law
the tax on beer. which will be Sl.5O
: barrell OF 80 cents more than is in
posed under the law that existed mp
Friday. The tax is stamp revenu
and is TO be imposed on "all beer. lag
beer. ale, porter and other similar fe
mented liq1or, brewed manufacture
sold or stored in warehouse, or 7
Of moved for consumption or sale with
y. the United States by whatever mar
" such liquors shall be called"
"a The new law also taxes all still
he wines.
is Per bottle Of quarter pint or less j.
~ Bottle containing more than one-quf
els ter. but not more than one-half pil
OF l-2c
ss More than one-half pint, but not me
irs than one pint ....................
ei More than one pint and not more tn
as one quart .....................
= An stilled wines in other containers,
- a gallon.
lE Domestic and imported champagne a
e other sparkling wines and all art
e cially carbonated wines, bottle of o
q half pint or less .............
q Bottle more than one pint and not m
than one quart .............,
+ All liquors. cordials or similar &C
8 pounds. domestic and imported, bot
= containing more than one-half pi
! l-2c
More than one-half pint and not m
than one pint ...............
Z More than one pint and not more Il
one quart Observation-Disclosures.
4 On large containers 24c a gallon.
g Grape, brandy or wine spirits used
the fortifcation of pure sweet wi
under publication of the act of Il
= gallon 55c.
= Special Taxes Effective November
e Bankers on each $1,000 of capt
= surplus and undivided profits G
4 ployed in the business shall pay
+ This tax applies to any person. Fl
or company and every incorpora
= or other bank having a place
= business where credits are opened
- tho dauocif or onl1arffop % r,n,