The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1922-01-20
ADDITIONAL INFORMATION
REGARDING INCOME TAX

The following statement is issued
by the collector of internal revenue.
G. L. Donald. district of Missis-
sippi:
In response to many inquiries
taxpayers are advised that certain
taxes. among them the so-called
nuisance" and luxury" taxes,
are repealed. effectiye Jan. 1. 1922,
by the Revenue Act of 1921.
Patrons of soda water fountains,
ice cream parlors and similar bus
mess places" no longer are required
TO pay the tax of l cent for each 10
cents or fraction thereof on the sum
expended for sodas. sundaes. or
similar articles Of food or drink. "
The small boy may rejoice In the
fact that an ice cream cone doesn't
cost an extra penny. The tax inn
posed by the Revenue Act of 1921
is on beverages and the constitu
ent parts thereof" and is paid by
the manufacturer.
The tax on the transportation Of
freight and passengers is repealed,
effective Jan. l 1921; also the tax
paid by the purchaser on amounts
paid for mems and women's wear
ing apparel Shoes. hats, caps, neck
wear. shirts. hose, etc. in excess of
a specified price.
Taxes imposed under Section 904
(which under the Revenue Act OF
1918 included the taxes on wearing
apparel) are now confined to a
per cent tax on the following arti-
Giles: Carpets, on the amount in ex-
cess Of $3.50 a square yard; rugs,
on the amount in excess of Sc
square yard; trunks. on the amount
in excess of S35 each; valises, trav-
cling bags. suit cases. hat boxes
used by travellers and fitted toilet
cases. on the amount in excess of
S25 each; purses, pocket books,
shopping and hand bags, on the
amount in excess Of So each; pOrta-
bic lighting fixtures, including lamps
Of all kinds. on the amount in ex-
cess Of 81 each. These taxes are
included in the manufacturer ex-
else taxes, and are payable by the
manufacturer, producer or importer,
and not by the purchaser, as requir-
ed by the Revenue Act Of 1918. The
manufacturer may reimburse him
self, by agreement with the pur-
chaser, by quoting the selling price
and tax in separate and exact
amounts. or by stating to the pur-
chaser in advance of the sale what
portion of the quoted price repre-
sents the price charged for the arti-
Gle and what portion represents the
tax.
The taxes on sporting goods item
mis- rackets, fishing rods, baseball
and football uniforms, etc. are re-
pealed; also the taxes on chewing
gum. portable electric fans, Their
mostatic containers. articles made
of fur, toilet articles and musical
instruments.
The Tax on sales of jewelry. real
or imitation, is 5 per cent, and is
payable by the vendor. The tax
on the sale of works of art (paint-
ings, statuary. art porcelains and |
bronzes) is reduced from 10 to 5
per cent. This tax, payable by the
vendor, applies except in the orr
ginal sale by the artist, or to an ed !
vocational institution or public art |
museum, or a sale by a recognized |
dealer in such articles to another
such dealer for resale.
When payable by the manufac-
turer or vendor, taxes must be in
the hands Of the collector of inter
nal revenue on or before the last
day of the month following the |
month in which the sale was made |
Following are forms for making
returns and regulations relating to
taxes. which may be had on appli-
cation TO offices of collectors of in
ternal revenue: Manufacturers ex-
else tax Form 728, revised; Regula-
tiOns Al. revised; tax on works of
art and jewelry. Form 728-A, re-
vised; Regulations 4S. REVISED; tax
on beverages. Form 726, revised;
Regulations 50, revised.