Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-03
WAR TAX Will HIT MIR. COMMON
!. MAN swell AS AUTOCRATIC RICH

$4,000 instead of $1,000 Every single
or married person having an income
from whatsoever source, of $1,000 mus
| file a return.
The old rate OF income tax for cor
porations was per cent Ii became
4 per cent under the new law.
Excess profits tax for corporations
copartnerships and individuals: The
! period covered by the return is the /:
months ending December 81. 1917. Re
turns are due on or before March oil
each year. Exceptions are made where
firms have fiscal years not cores
pondsng to the, calendar.
The pre.war period used as a 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 that
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 10 per cent to % per
per cent; 20 per cent from Is to so pot
cent; Is per cent from so to IS; 80 per
cent from 20 to 100; 35 per cent from
100 to $50; 40 per cent from $50 to
200; As per cent from 200 to $50; 50
per cent from ESQ to 800; so per cent
for and above 800 per cent. o. .,
The War Revenue Tax bill practi.
Big increases are noted in beyer-
ages and liquors of beverage class.
Distilled spirits. Old rate $1.10 a
proof gallon; new rate $500.
Imported perfumes new $1.10 per
wine gallon on the distilled spirits
contained therein. -a@
Rectifed spirits. 10 cents per proof
gallon. 1874 49,.
Fermented liquor. Old rate $1.50 a
barrel of 81 gallons. New rate So.
Wines, vermuth, cordials, liqueurs,
$1,1o per proof gallon If containing
alcohol over IL per cent, in addition
to the old rate of 10 cents. Less than
IA per cent, cents gallon.
p Champagne and sparkling wines.
Taxed in addition to the old rate. The
new tax will be double Thus II
cents quart under the old law be-
comes 36 cents quart. -.
Sirups and extracts for soft drinks
and soda water. Selling at $1.25 8
cents; SIPS to 50 taxed 4 cents; 81
to So, taxed 6 cents; IS to 81, taxed
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
fizz into the soda at the local foun-
tain is taxed 5 cents pound.
For Tobacco Users ..-..
Tobasso users will find interest in
the taxes OF Ny Lady Nicotine. On
small cigars the tax is Is cents adj
ditionai to the present rate per 1000.
Ordinary cigars are taxed 81 a thou:
sand; Z to Is cents, 3d.; Is to 20 cents,
So, 20 cents and up, 81. n, II -.
Small cigarettes are taxed addition.
ally IS cents thousand; large cigar
etes, Size. Additional tax on tobacco
is 4 cents. a pound
Cigarette papers as follows: Cases
containing 25 to 100 papers, Y cent;
so. to 100 papers. one cent; more
than 100 papers, one cent hundred
or each fraction 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 80 days. The same.
rule applies to liquor dealers for the.
additional tax. r..
War stamp taxes are similar to the
former tax and are to become eff.
fectiye November 1. 1917. These will
cover certificates of stock. bonds, par.
eel post, capital stock issues aud re-
issues, agreement of sale. drafts and
checks, conveyance of deeds, custom
house entries, passenger tickets, prox-.
les at elections, power. of attorney, i
playing cards and numerous ether
things. @
The bill provides that soldiers in
foreign lands during the present war
may send letters without postage, un-
Slar ccrf air, nroyisinnS