The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-04-28
FULL TEXT OF THE
SALES TAX MEASURE

Reprouced below the sales tax
| portant measures pending before con-
| gree at this time The text is print.
ed herewith in full.
Section /. That in addition to all
other taxes. there shall be levied.
assessed, collected, and paid upon
all goods, wares, or merchandise sold
or leased on or after July l, 1921, tax
equivalent to / per centum of the price
for which SO sold or leased; such tax TO
be paid by the vendor or lessor.
Sec. 2. (a) That this title shall not
apply to sales and leases made during
which the taxable sales and leases are
made does not exceed $4,000
(b) In computing the tax due under
this title every taxpayer shall be en-
titled to an annual exemption of $4,000.
(c) In any case where the full ac-
count of the exemption is not claimed
in computing the tax due for the first
quarter, the part not so claimed shall
be deducted in computing the tax due
lOT Tue SfGOlu Nudi lti VI HuIiNNbihS
quarters. For the purpose of this Act
the first quarter shall be the months
of July, August, and September; the
second quarter, the months of October,
November. and December; the third
quarter, the months Of January, Feb
ruary and March; and the fourth quar-
ter, the months of April. May and June.
I'D The taxes imposed by this title
shall not apply TO sales or leases made
by % the United States (2) any
foreign government; (S) any State or
Territory, or political subdivision there
of, or the District Of Columbia; (4) any
mutual ditch or irrigation company;
90 any hospital: or (6) Army ana
Navy commissarles and canteens: or
Cd any corporation organized and OPP
Grated exclusively for religious, chari-
table, scientific. or educational pur-
poses or for the prevention OF cruelty
TO children, or animals, no part Of the
net earnings of which innures to the
benefit of any private stakeholder or
Individual.
(c) The taxes imposed by this title
shall not apply TO sales or leases OF
articles taxable under Title VI or VII
or paragraphs (D. (2), (S), (l2), and
900 of section 900 of the Revenue Act
OF 1918.
(D Under such rules and regula-
tions as the commissioner, with the
approval OF the Secretary of the Trea-
sury. may prescribe, the taxes impos'
ed by this title shall not apply in re-
90 81 gnlI gt. laag cod for O. n.
port and in due course so exported.
Sec. 3. That in computing the tax
rs imposed by this title no credit shall
be allowed for any tax reimbursed or
paid In any manner to any person in
connection with any previous transac-
ton i'm respect to which a tax is i'm
posed by law.
Sec. 4.-That every person liable for
any tax imposed by section shall
make quarterly returns under cath in
duplicate and pay the tax imposed by
such section to the collector for the
district in which is located the princi-
pal place of business. Such returns
shall contain such information and be
made AT such times and in such man
ner az the commissioner Of internal
revenue with the approval Of the Sec.
retary, may by regulation prescribe.
The tax shall, without assessment by
the commissioner or notice from the
collector of internal revenue, be due
and payable 20 the collector at the
time so fixed for filing the return. If
the tax is not paid when due, there
shall be added as part Of the tax a
penalty Of per centum. together with
interest at the rate Of per centum for
each full month from the time when
the tax became due.
Sec. g. That in the case Of an ov
erpayment of any tax imposed by this
Act. the person making such overpay-