Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1917-11-08
HELPING THE BOYS
"OVER THERE''


boys somewhere i'm France"
won't get a chance to for many
day, maybe, TO dance with the
girls they left behind them,
they'll be getting some good out
of the dance anyhow. For when
the girls go to a dance with the
.shome guard" the "home guard
will have a pay a war tax on their
pleasure. The tax which affects
admissions to theatres affects
dances also, admission paid roller
rinks, and every place to which
admission is charged Collector
of Internal Revenue Louis MUIR
ply said today that wherever an
admission is charged for a dance
the person buying the ticket will
have to pay a war tax of one cent
on each ten cents of the admis-.
sion. The individuals, or organ
izatiOn giving the dance will have
to turn over the tax to he Collec-.
tors office, precisely as required
of the theatre men. The Collector
wants the name and address of
every organization giving dances
Z to which admission is charged at
the door, or the names and ad-
dresses of individuals giving
dances. Moreover. he wants own
ers of town halls and theatres
who have received no communica-
tion from his office to put Them,
selves i'm correspondence with
him at once, since taxes must be
paid on every admission they
charge. This goes, too, for wrest-
ling matches, and other sports
and athletic games. The only ex-
ceptions are games. exhibitions
and plays. or dances the entire net
proceeds of which inure eXclus-
lively to the benefit of religious,
educational, or charitable organ
lzations or societies.
War stamp taxes do not become
effective until December ist a
wrong impression has got broad
cast-that checks are subject to
stamp tax. They are not. unless
predated, when they take the form
OF note. The new revenue law
differs from the one repealed i'm
that il. allows no discount on pur-
chase OF stamps i'm the sum Of
$iOO or more. II provides further
that war tax stamps shall be sold
by post offices, probably by one
post office in each county. On
this point the Collector has no
definite advice, nor is he advised
when his offices will have stamp
supply He is holding up reply to
hundreds of letters pending this
information, and when he gets it,
all enquirers, and all banks, will
be advised Immediately.
1t behooves every married man
whose net income will run over
$1,000 this year and every single
man whose net income will run
ONSA Pi,oOo3 w NGClJ dCCOullU vi
his income and outgo this year,
for he will have to make return
next year between January and
March 4. Forms on which to
make return will not be available
until January 4. The Collector
suggests that requests for them
to his office be deferred until
then. Net" income is the re-
malnder after subtracting ex-
penses from gross, or total in
come. Personal, family, or living
expense is not expense i'm the
meaning of the law, the exemption
of $1,000 or $4,000 being allowed
to cover such expenses. Wifc's
income should be included i'm the
husbands. Deductions from
gross income allowed are taxes
paid (but not for special i'm
provements), interest paid ON
borrowed money and business nx-
pense. Money spent in pcrma-
nent improvements or otherwise
invested is not expense.
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