The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-09-12
Stamps On All Documents and
Cosmetics Are Not Neces=
sary Beginning This Date
WILL SAVE HAWAII
$4,000 ANNUALLY
Tobacco Probably Exempt But
Wines and CordiaIs Get No
Relief From Measure

All Hawaii Is to feel Immediately one
gratifying effect of the socalled retail
alton revenue law, passed by congress
on Thursday and signed by the Presi
dent yesterday. 1t repeats at once the
stamp tax on all documents and cos
metics, and went into effect at mid
night last night, SO that brokers, real
estate men, corporations, steamship com
pnnies,a express companies; druggists
and small merchants are relieved of the
"nerOus tax stamp today and hereafter.
The people of Hawaii paid Uncle
sam through this medium approximate
ly $4,000 in the fiscal year ended June
30, last, or an average monthly rate of
more than $4,000.
News Comes To Collector
NewS-of the old stamp tax law s re-
peal came to J. II. Haley, collector of
internal revenue for the district of Ha.
waii, late yesterday afternoon from W.
ii. Osborn, commissioner of internal
revenue, at Washington, in cablegram
reading as follows:
stamp ldACS Ill SCntuults y unu u
on documents and cosmetics repealed
after midnight tonight. Inform pub
hc.D
The stamp tax schedules referred to
have been in effect since December /
1914. They required the afixing f
stamps on a great variety of legal docr-
ments, medicines, steamship tickets
freight and express receipts, chewing
gum, tooth pastes, powders, toilet water
Vaseline, hair restOratives and the like.
These stamps had to be affixed by the
retail dealers or wholesalers, in the mat.
ter Of druggists supplies.
Documents Requiring Stamps
Following are some of the papers re-
quiring stamps under schedule a Of old
law but by the repeal now released
from the federal tax: bonds, debenturcs
certificates of stock, agreements to sell
or transfers of stock, promisory notes
bills of lading, telegraph and telephone
messages; broker s memoranda of sale
of goods or merchandise, stocks, bonds
exchange, notes of hand, real estate, or
property of any kind; conveyance deeds
insurance policies, steamship passenger
tickets and power of attorney.
Merchandise clnsscd under Schedule
3, formerly requiring the stamps but
now relieved, include the following.
perfumery, cosmetics, essence, extracts
toilet water, vaseline, petrolatum, hair
OIL, pomade, hair dressing, hair restOra
tive, hair dye, tooth wash, dentrifice
tooth paste, aromatic cachOus, chewing
gum or it's substitutes. and soaps.
Tobacco May Be Included
1t is believed the new revenue Law
ais" repeats certain stamp taxes i'm
posed by the old revenue measure, af
fecting retail tobacco dealers, but nc
information has been received bv tn,
local office concerning this as yet
The sudden repeal of the stamp tau
probably will leave quantities of un.
used stamps in the possession of m"r
chants throughout the Islands. The
collector states that the secretary o.
the treasury has been given authority
t" provide rules and regulations gov
"rulnG the redemption of these. but no
instruction has come to the local inter
nal revenue office on that point.
Wines and Cordiais Stand
Dealers in wines and cOrdials are
warned that the repeal does not uppl,
T." the stamp tax on goods Of that dos
criPtlon and that the tax is still IN
effect on them.
The reason for the repeal of tn"
stamp taxes in schedules A and h j,
that the new measure more than com
P"nsut"s the loss Of revenue to the gov.
"rmm"nt from this source, by the in.
crease in corporation stocks, inheritance
income taxes.