The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1920-07-12
|Mi,lions Of Dollars TO be Added to the
Revenues Of the Government
This Month from Special
Tariffs.
pawnshops, Museums, Theaters, Con.
cert Halls, Circuses, Shooting
Galleries and Other Tax
Sources.

MILLIONS Oh QOlldTS Will 10 duOSo "
the revenues of the government this
month from special taxes due on or
before July 81, 1920. The list includes
the tax on brokers, pawnbrokers, mu-
seums, theaters and concert halls, cir
cuses, bowling alleys, shooting gat-
leries, riding academies. tobacco,
buses, etc.
Forms 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 81 900 for failure, and not to
exceed $4,000 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 also
must be filed on or befire July 81.
To facilitate prompt collection and
as an aid to the taxpayer as well as
| the government, the bureau has sug.
rested that filing of the return be ac-
companied by payment Of the amount
of tax due. This method is appealing
| To- corporations, as it lessons liability
10 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
| zach 81 900 of so much of the fair
average value of it's capital stock for
the proceeding year ended June 80
10 is in excess OF $4,000. Foreign cor
porations are required to pay TAX
of 81 for each $1,000 OF the average
amount of it's capital employed IN the
transaction of its business IN the
United States during the proceeding
year ended June 80, without the bene-
fit of the $1,000 deduction.
The tax ON brokers whose business
IL is to negotiate purchases or sales
of stocks, bonds, exchange, bullion,
coined money, promissory notes OF
other securities, and produce or mer-
chandise is $50 a year. II the broker
is |, member OF stock exchange, pro
duce exchange, board of trade or slml-
lar organization which sells produce
or merchandise and the average value
on June 80 of seat or membership
in such organization. was $1,000 ana
not more than $4,000 he is required to
paw an additional tax of $500. If such
value was more than $4,000 he is re-
quired to pay an additional tax OF
$3.50. Pawnbrokers are subject to
special tax of 500 a year.
p The tax ON ship brokers whose bust
ness is to negotiate freights and other
business for the owners Of vessels or
for consignors or consignees OF freight
carried by vessels is $50 year.
Custom house brokers whose busl-
ness, as the agent of others, is to ar
range entries and other custom house
papers or to transact business at any
port Of entry relating to the importa-
ton or expectation of goods and mer-
chandise, pay a special tax of $5O a
year.
According to Capacity.
Theaters, museums and concert
halls are taxed according to their
seating capacity, and the population or
the city or town in which they are
located Those having a seating ca
pacity Of not more than ESQ are tax
ed $50 seating capacity of more 2oo
and not exceeding 500, 500; exceed
ing 500 and not exceeding 500, $3.50;
in excess of 500, 5000. The tax in
cities or towns Of less than 5000 In
habitants is cine half of these amounts.
This tax is paid by the proprietor.
The special tax on circuses is 500.
The tax on bowling alleys and bill
lard rooms is $40 for each alley or
table. Shooting galleries are subject
to tax of $50 The tax on riding
academies is 500.
Persons carrying on the business
of renting or operating passenger
automobiles for hire are required TO
pay tax of $40 for each such auto
mobile having seating capacity OF
more than two and not more rhan
seven and $50 for each such automo-
bile having seating capacity OF more
than seven.
Tax on Tobacco.
The special tax on tobacco sales by
the manufacturer are as follows: not
over $4,000 pounds, S.; in excess OF
$4,000 pounds and not over 100000
pounds, $12; in excess Of lO0,00o
pounds and not over 100000 pounds,
I$24; in excess of 100000 pounds $24
and at the rate of 16 cents per thou
sand pounds or fraction thereof in
respect to such excess.
also to q special tax with respect to
s1les as follows: not to- exceed $4,000,
81; in excess of $4,000 and not to ex.
coed 100000, Sc; in excess of 100000
and not to exceed 100000, s12; in ex-
cess of 100000 and NOT to exceed 800.
900, $24; in excess Of 100000, $24 and
ut the rate of 10 cents thousand or
fraction thereof in respect to such ex-
cess.
Manufacturers of cigarettes, incud-
ing small cigars weighing not more
than three pounds per thousand are
faxed at the rate Of 6 cents for every
10000 cigarettes or fraction theNof-
The tobacco taxes are computed on
lhe basis of sales for the year ended
June 80.
The tax on pleasure boats, yachts,
bower boats and sailing vessels Is