The Bridgeport times and evening farmer., 1920-07-23
SPECIAL TAXES
 ADD MILLIONS TO OUR REVENUE

tAAC ACFSLoC O1 Ill0 government lI1S month from special taxes due on or before July 31, 1920. The list in- cludes the tax on brokers, pawn brokers, museums, theaters and con- cert halls, circuses, bowling alleys, shooting galleries. riding academies, tobacco, buses, etc.
 Form for filing returns are avail able at offices of collectors of internal revenue and branch offices. Heavy penalties ranging from a fine not to exceed $1.000 for failure, and not to exceed $10,000 or one years imprison- ment, or both for willful refusal to make return and pay the tax on time are prescribed by the current revenue act.
 Returns of the capital stock tax almost must be filed on or before July a1.
 To facilitate prompt collection and as an aid to the taxpayer as we'll as | the government, the Bureau has sug- 1 gested that filing of the return be ac- com panied by payment of the amount 1 of tax due. This method is appealing 1 to corporations, as it lessens liability | to penalty. 1 The capital stock tax applies to 1 every corporation carrying on or do- l ing business in the United States. The ] tax on domestic corporations is $1 for 1 each $1,0O0 or so much of the fair l average value of it's capital stock for | the proceeding year ended June 30 1 as is in excess of $5,000. Foreign 1 corporations are required to pay a tax of $1 for each $1,o0o of the average amount of it's capital employed in the l transaction of it's business in the | United States during the proceeding year ended June 30, without the ben
 eft of the $5,0O0 deduction.
 The tax on brokers whose business | it is to negotiate purchases or sales of
 stocks, bonds, exchange, bullion. l other securities, and produce or mer- l chandise~ Is $50 a year. If the broker
 is a member of a stock exchange, pro- l duce exchange, board of trade or sim
 liar organization which sells produce
 or merchandise and the average
 value on June 30 of seat or mem
 bership in such organization was
 $2,000 and not more than s5,o00 he
 is required to pay an additional tax of $1O0. If such value was more
 than $5,o00 he is required to pay an
 additional tax of $50. Pawnbrokers are subject to a special tax of $100 a year.
 The tax on ship brokers whose
 business is to negotiate freights ano
 other business for the owners of ves- sells or for constgnors or consignees o1
 freight carried by vessels is $50 2 t year.
 : Custom house brokers whose busi 7 ness, as the agent of others, is tt
 arrange entries and other custom
 house papers or to transact bushes:
 at any port of entry relating to tht
 importation or exportation of good and merchandise, pay a. special ta1 of $50 a year. l Theaters, museums and concer
 halls are taxed according to theil = seating capacity, and the population } of the city or town in which they art l located. Those having a seating
 capacity of not more than 25O art 3 taxed $50; seating capacity of more
 than 25O and not exceeding 500, $1O0 f exceeding 500 and not exceeding 800
 $50; in excess of 800, $20O. The ta1
 in cities or towns of less than 5,0O'
 inhabitants is one-half of these
 amounts. This tax is paid by thu
 proprietor. The special tax on cir cuses is $100. s The tax on bowling alleys and bil l Hard rooms is $10 for each alley O. 9 table. Shooting galleries are subjec
 to a tax of S20. The tax on ridins g ! academies is $1O0.
 :, Persons carrying on the business O , renting or operating automobiles fol , 1 hire are required to pay a tax of $1t
 for each such automobile having
 |
 and not more than seven and $20 fo
 i each such automobile having a. seat ing capacity of more than seven. The special tax on tobacco sales b! l 1 the manufa cturer are follows: No over 50,00O pounds, s6; in excess O
 5o,000 pounds and not over 100000 } pounds, SIP; in excess of 100000 ] pounds and not over 200 900 pounds
 SPA; in excess of 100000 pounds s2- l and at the rate of 16 cents per thou I sand pounds or fraction thereof in re
 spect to such excess.
 e Manufacturers of cigars are subjec also to a special tax with respect tt
 sales as follows: Not to exceed 50,
 900, S4; in excess of 5O,0O0 and no to exceed 100000, S6; in excess O . 100000 and not to exceed 100000 c SIP; in excess of 100000 and not tt . exceed 100000, SPA; in excess O
 100000, SPA and at the rate of Il cents a thousand or fraction thereo a j in respect to such excess. Manufacturers of cigarettes, includ ing small cigars weighing not mor' than three pounds per thousand ar'
 taxed at the rate of cents for ever. : 10000 cigarettes or faction thereof. ] The tobacco taxes are computed ol
 the basis of sales for the year ended ]. June 30.
 The tax on pleasure boats, yachts
 power boats and sailing vessels i Q rated according to the length ane = 1 tonnage.
 Wholesale liquor dealers who hav' qualified as such under the Nationa
 l Prohibition Act engaged in the sal 5 l of distilled spirits and wines for non @ beverage purposes are subject to z r special tax of $100 a year. 3 Retail liquor dealers confined e strictly to dispensing pharmacists who T can sell distilled spirits and wines or
 prescriptions authorized under tn. . | National Prohibition Act are subjec
 l to a special tax of S25.
 1 Manufacturers and wholesale ant .. retail dealers in oleomargarine, adu1 terated butter, filled cheese, and per 5 sons engaged in the manufacture O. mixed four also are subject to specia 5 | taxes.