Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-03
war TAX Will HIT MIR. COMMON
MANAS we'll AS AUTOCRATIC RICH

| $4,000 instead of $4,000. Every single
or married person having an income
from whatsoever source, of $1,000 must
file return.
The old rate Of income tax for cor
porations was 2 per cent. II became
1 per cent under the new law.
Excess profits tax for corporations,
copartnerships and individuals: The
period covered by the return is the IL
months ending December 81. 1917. Re-
turns are due on or before March 1 OF
each year Exceptions are made where
firms have fiscal years not cores
lponding to the calendar.
The pre-war period used as basis
from which to compute the profits
since the war began includes the years
1911, 1912 and 1913. Businesses
which were not organized nor operat.
ing during the prewar period get their
basis by using similar businesses thai
were doing So The rate for the pre-
war tax is as follows:
Twelve per cent on profits not in ex
cess of Is per cent OF the allowed de
auctions provided for under this law;
is per cent from Is per cent to % per
per cent; 90 per cent from Is to so per
cent; % per cent from so to rs; 80 per
cent from rs to 100; 35 per cent from
100 to $50; 40 per cent from $50 to
200; 45 per cent from 200 to $50; SO
per cent from $50 to 300; 60 per cent
for and above 300 per cent.
The War Revenue Tax bill practi
Big increases are noted In bever-
ages and liquors of beverage class.
Distilled spirits. Old rate $1.10 q
proof gallon; new rate $500.
Imported perfumes new $1.10 per
wine gallon on the distilled spirits
contained therein. .
Rectited spirits. Is cents per proof
gallon. ..
Fermented liquor. Old rate s1.50 a
barrel Of 81 gallons. New rate So.
Wines. yermuth, cordials, liqueurs,
S1.Io per proof gallon If containing
alcohol over IA per cent, in addition
to the old rate of 10 cents. Less than
IA per cent, s cents a gallon. T.
Champagne and sparkling wines.
Taxed in addition to the old rate. The
new tax will be double. Thus IL
cents a quart under the old law be-
comes SO cents quart. T.
Sirups and extracts for soft drinks
and soda water. Selling at $1.25 8
cents; $1.25 to So taxed cents; 50
to So, taxed cents; So to 81, taxed.
s cents; 81 and up, taxed IL cents.
Unfermented grape juice and manu-
featured sodas Is taxed one cent a
gallon.
The carbonated gas that puts the
Az into the soda at the local foun-
tain is taxed cents pound.
For Tobacco Users Ii
Tobasso users will find interest in
the taxes of My Lady Nicotine. On
small cigars the tax is % cents ad.
ditionaI to the present rate per 1000.
Ordinary cigars are taxed 81 a thou
sand; Z to Is cents, So: is to 20 cents,
SIS, 20 cents and up. ST..
Small cigarettes are taxed addition
ally IS cents a thousand; large cigar
etes, $1.2o. Additional tax on tobacco
is cents pound.
Cigarette papers as follows: Cases
containing % to 100 papers, " cent;
so to 100 papers, one cent; more
than 100 papers, one cent hundred
or each traction thereof.
One-half of the tax is also due the
day the law is enacted, from persons,
who have for sale, cigars. cigarettes
end tobacco. To be inyentoried and
paid for within so days. The same
rule applies to liquor dealers for the
additional tax.
War stamp taxes are similar to the
former tax and are to become e.
festive November 1, 1917. These will
cover certificates of stock. bonds, par.
eel post, capital stock issues and re-
issues, agreement OF sale. drafts and
checks, conveyance OF deeds, custom
house entries, passenger tickets, prox.
les at elections, power of attorney,
playing cards and numerous other
things.
The bill provides that soldiers in
foreign lands during the present war
may send letters without postage, un-
lo- aorfa{v, rarovicionc