Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1920-07-22
MANY Taxes ARE
QUE At THIS Time
Hundfeas Of Thousands Of Dol.
lars to BE Collected from Yer.
mont Business Men and Cor.
t'otaffahs by Internal Revenue
Department

Huh6redr Of thotfsnndH NJ 4o,,nr, vii,
es eol'setnd daring the rext Few dam BY
tue INTERNAL revenue department IA YER
'nebt tteft, the Advancement and husiness
plaeTs III the State The taxes from sev.
nrat houfees are uue on or before July a,
Fhsse include hroke,r, amusement bro.
pf'eters tobacco eencrrna, ehns,frsutr
auto asnheien, rfdinR academies, shooting
ssilerieH, pawn ehopm and many othor
concerns. Capital stock returns must be
made Tar 1880 Al thir time by the cor
rrsfinhs and thetr II rntrh morc bust
nsss thr tho Internal revenue Icnn to dts
bose Of Within the nnxt few days,
Failure to comply with tho inw tn rr-
Meet To nftnx returns and payment of
taxst VII, sDhjrct a person or corporation
tn a heavy fine, eanRtne al high On N.UD,
anu for ~ftfut refusal a. fine not 10 OK
eceH uD'op ar a years imprisonment may
be imposed. Forms may bn recured at
the aff,cus In tho Fcdcrn, building. To
facilitate prompt collection and rs mn aid
TO tho taxpayer, tho hurran hns suggested
that tho filing Of tho returns he accom-
panied by the payment Of tho amount of
the tax duo, This method. they state. Ia
appealing To corporations, as Il lessons
liability to penalty.
Tho return on the capital stock must
be filed before July n. The capital stock
tax apnltes to every corporation doing
business In the United States, The tax
on domestic corporations Is 81 for every
1000, OF SO much OF the fair average
value OF its capital stock for the proceed
ting year ending June 30 az is in excess
Of 5000. Foreign corporations arc re-
uuired to pay a tar of 81 for each loo
Of SO much Of the average amount Of its
capital, employed IN the transaction OF It's
business In the United States during the
preceding year ended June 30, without
the benefit OF the 5000 deduction.
! Brokers. who come under the special
tax, are those whose business it Is to
| negotiate purchases Of or sales of stocks.
| bonds, exchange, bullion, coined money,
promissory notes, or other securities, and
produce or merchandise. Their tax Is s5
per year.
Pownbrokers are subject to a special
tax of $1nO per year. Theatres, museums
and concert halls are taxed according to
their seating CAPACITY and the population
of the city or town in which they arv
located. Those having seating capacity
of not less than 25D or more than 800 pay
500; those seating more than 50O and no,
| exceeding 800 pay $15O and in excess of 81
the fee is 500.
Billiard rooms and bowling alleys an
also to BE- taxed. Billiard tables are taxed
at the rate of SO each and bowling alley
managers will have to pay $40 for each
alley in their establishments Shooting
galleries are taxed $50 and riding acad.
emies will pay 500 annually.
I Persons carrying on the business oi
renting automobiles or carrying passen
! gers for hire must pay a tax of $40 fo
each automobile seating not less than tw'
nor more than seven persons, and $40 fo
every automobile seating moro thar
| seven.
| The special tax on tobacco, sales by thl
| manufacturer is as follows: Not ovel
81, 900 pounds, s.: between $1,000 and 1000
pounds, $12; between 10000 and NoeN
pounds "a, and in excess of 10000 pounds
! at the rate of is cents per Thousand
pounds The cigar manufacturers are alst
subject to special tax; Not to exceed
$1,000, 81; between soon and 100000, S.
between 10000 and 10000. sl2; between
10000 and 10000 sA: aud in excess o
400. OOO at the rate of 10 cents per thousand
The special tax on pleasure boats, yachts
power boats and sailing vessels is rate'
according to the length and tonnasn
Manufacturersof and wholesalers IN oleo
margarine aaiultcrated butter. riles
cheese, and persons engaged in the mann
facture of mixed flour also are subject
special taxes. The liquor license holder
are also required to pay tax at thi
Tina.