The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1920-07-28
Revenue Returns
Due July 31st
MILLIONS DUE GOVERNMENT
FROM THEATRES, CORPORA
TIONS, MANUFACTURERS
AND OTHERS.

Millions of dollars will be added to
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,
theatres, and concert halls, museums,
circuses, bowling alleys, shooting gal
leries, riding academies, tobacco, bus
ses, etc.
Forms for filing returns are avail
able at offices of collectors of inter
nal revenue and branch offices. Heavy
penalties ranging from a fine not to
exceed ST 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.
Send Tax With Statement.
Returns of the capital stock tax al
so 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 ac-
companied by payment of the amount
of tax due. This method is appealing
to corporations, as it lessons liability
to penalty.
The capital stock tax applies to ev-
cry corporation carrying on or doing
business in the United States. The
tax on domestic corporations is 81 for
each 81 900 of so much of the fair av,
erage value of it's capital stock for the
preceding year ended June 30 as is in
excess of $4,000 Foreign corporations
are required to pay tax of 81 for
each 81 900 of the average amount OF
it's capital employed in the transaction
of it's business in the United States
during the. preceding year ended June
80, without the benefit of the $4,000
deduction.
Theatres Are Assessed.
Theatres, museums and concert halls
are taxed according to their seating
capacity, and the population of the
city of town in which they are located.
Those having seating capacity of not
more than $50 are taxed $50; seating
capacity of more than $50 and not ex-
ceeding 500, $100; exceeding 500 and
not exceeding 800, $3.50; in excess of
800, 5000. The tax in cities OF towns
of less than $4,000 inhabitants is one
half of these amounts. This tax is
paid by the proprietor. The special
tax on circuses is S100.
The tax on bowling alleys and bill
lard room of $40 for each alley or
table. Shooting galleries are subject
to tax of $40. The tax on riding
academies is $100.
Persons carrying on the business of
renting or operating passenger auto
mobiles for hire are required to pay
la tax of $40 for each automobile hav2
ing a seating capacity of more than
two and not more than seven, and $50
seating capacity of more than seven.
Tax on Tobacco Sales.
The special tax on tobacco sales by
| the manufacturer are as follows; not
over $4,000 pounds, Sc; in excess of
! $4,000 pounds and not over 100000
pounds, S12; in excess of 10000
pounds and not over 100000 pounds,
$24; in excess of 100000 pounds $24
and at the rate of 16 cents per thou
sand pounds or fraction thereof in re-
spect to such excess.
Manufacturers of cigars are subject
also to special tax with respect to
sales as follows: not to exceed $4,000
81; in excess of $4,000 and not to ex-
ceed 100000, Sc; in excess of 100000
Eand not to exceed 100000, S12; in ex-
cess of 100000 and not to exceed 408,-
900, $24.
Manufacturers and wholesale and
retail dealers in oIemargarine, adult
Grated butter, filled cheese, and per-
sons engaged in the manufacture of
mixed flour also are subject to special
taxes