The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1921-07-01
FILING TAX RETURNS
How Theatres Are Assessed BY
Your Uncle Sam; the
Penalties

Forms for filing returns of special
taxes upon business and occupations are
now available at offices of collectors Of
internal revenue and branch offices.
These taxes are due July l., and are
to be delinquent unless paid on or be-
fore July 81. The list includes the tax
on brokers, pawnbrokers. museums. the
atres and concert halls, circuses, bowl
ing alleys. shooting galleries. riding &C
hire.
When the tax is paid a stamp is is
sued by the collector OF internl revenue,
which the person engaged in the business
or occupation subjects to the tax Is re-
CURED to post eonspicuously in his place
renders the offender liable to a penalty
equal to the special tax. and the cost
OF prosecution. In no csc is the penalty
The tax on brokers. whose business
1t Is to negotiate for others purchases
or sales of stocks. bonds. exchange. bull
lion, coined money. ,promissory notes or
member of a stock exchange. produce
sanitation which sells produce or mer-
chandise and the average value during
the preceding year ended June 80 of a
seat or membership in such organization
was $4,000 and not more than $1,000 he
is required to pay an additional tax Of
500. II such value was more than S.
600 he is required to pay an additional
to a special tax of $3.50. Pawnbrokers
are subject to special tax Of 500 a
year.
ness il is to negotiate freights and oth>
err business for the owners of vessels
or for consigners or consignees of freight
carried by vessels, is $50 a year
as the agent of others, Is to arrange en-
tries and other customhouse papers or
to transact business at any port Of entry
relating to the importing to the importa
chandise, pay a special tax OF 500
year.
How Theatres Are Taxed.
Theatres, museums and concert halls
are taxed according to their seating ca
town in which they are located. Those
than nifty Are taxed $50: seating tim ca
pacity of more than two hundred and
fifty and not exceeding Ave hundred 500,
ns eRf ua $780, and not
eight hundred. $500. The tax In cities
or towns of 5000 Inhabitants or less is
one half Of these amounts; This tax is
on circuses is sioO.
lizard rooms is $40 for each alley or
Of sso the tsn on rdns 0, seade 60
mics is 800
Persons carrying on the business Of
renting or operating passenger auto
mobiles for hire are required to pay a
tax Of $40 for each such automobile
having seating capacity of more than
two and not more than seven and $50 for
each such automobile having a seating
capacity of more than seven.
Special taxes on manufacturers Of to-
bacco products are due also in July,
and on manufacturers and wholesale and
retail dealers in oleomargarine, adulter-
ated and renovated butter. filled cheese,
OF mixed -four.
Returns of the capital stock tax also
and persons engaged in the manufacture
are required on or before July 81. The
capital stock tax applies to every cor
poration carrying on or doing business
in the United States. The tax on do
mestic corporations is 81 for each $1,000
of so much of the fair average value of
its capital stock for the preceding year
ended June 30 as Is IN excess Of $1,000.
Foreign corporations are required to pay
tax Of 81 for each 81 900 of the average
amount Of it's capital stock employed In
the transaction Of its business in the
United States during the preceding eyar
ended June 80, without the benefit Of the
IS, 900 deduction.
Penalties ranging from a fine not to
exceed 81 900 for failure, and not to ex-
coed SIC, 900, or one years imprisonment.
or both, for wilful refusal to make re-
turn and pay the taxes prescribed by
the revenue act.