The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-07-20
TAXES ARE
DUE THIS MONTH
PAYMENTS MUST BE MADE BE-
FORE JULY 31-THOSE WHO
MUST PAY THESE TAXES

Millions of dollars will be added tc
the revenues of the government this
month from special taxes due on OF
before July 81, 1920. The list in
cludes the tax on brokers, pawn
brokers, museums, theatres and con-
cert halls, circuses, bowling alleys,
shooting galleries, riding academies,
tobacco, buses, etc.
Forms for filing returns are avail
able at offices of collectors of intern
al revenue and branch offices. Heavy
penalties ranging from a fine not to
exceed $1,000 for failure, and not
to exceed $4,000 or one years i'm
prisonment, or both for willful refus-
al to make return and pay the tax on
time are prescribed by the current
revenue act.
Returns of the capital stock tax
also must be filed on or before July
81.
To facilitate prompt collection and
as an aid to the taxpayer as well as
the government, the bureau has sug-
gested that filing of the return be
accompanied by payment of the
amount of tax due. This method is
appealing to corporations, as it les
sens liability to penalty.
The capital stock tax applies to
every corporation carrying on or do
ing business in the United States.
The tax on domestic corporations is
81 for each $1,000 of so much of the
fair average value of it's capital stock
for the proceeding year ended June
80 as is in excess of $4,000. Foreign
are required to pay
tax Of 81 for each $1,000 of the ave-
rage amount of it's capital employed
in the transaction of it's business in
the United States during the pre-
ceeding year ended June 80, without
the benefit of the $4,000 reduction.
The tax on brokers whose business
it is to negotiate purchases or sales of
stocks, bonds, exchange, bullion,
coined money, ,promissory notes or
other securities, and produce or mer-
chandise is $50 year. If the broker
is a member of stock exchange, pro-
duce exchange, board of trade or SINH
lar organization which sells produce
or merchandise and the average value
on June 80 of seat CT membership
in such organization was $4,000 and
not more than $4,000 he is required to
pay oil duOlClOudl CdA VI YAOO. -
such value was more than $4,000 he
is required to pay an additional tax
If $3.50. Pawnbrokers are subject to
a special tax of $100 year.
Theaters, museums and concert
halls are taxed according to their
seating capacity, and the population
If the city or town in which they are
ocated. Those having seating ca
oacity of not more than $50 are taxed |
800; seating capacity of more than
$50 and not exceeding 500, $100; ex-
seeding 500 and not exceeding 300,
$50; in excess of 800, 5000. The tax
n cities or towns of less than 5000 |
inhabitants is one half of these
This tax is paid by the |
The special tax on cir
uses is $10O.
The tax on bowling alleys and bill
ard rooms is $40 for each alley or
able. Shooting galleries are subject
o tax of 500. The tax on riding |
.cademies is $100.
Persons carrying on the business of
enting or operating passenger auto
mobiles for hire are required to pay
), tax of $40 for each such automo-
lies having seating capacity of
nore than two and not more than
even and $50 for each such automo-
lies having seating capacity Of
aore than seven. :,