Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-04
TAXES WIPED OF F.
SLATE UNDER LAW
NOW IN OPERATION
SODA FOUNTAIN, FREIGHT AND
PASSENGER EXCUSES ELiMiN'
ATED-MANY OTHER CHANGES
ARE ANNOUNCED BY coLlEC.
TOR CANNON.

Nuisance" and so-called "luxuries'
taxes have been eliminated under re-
/ cent revenue legislation passed by
| both houses of congress, according 10
a statement issued today by John Z.
Cannon, collector for the first district
J of Illinois. which embraces the ter
I ritory in and surrounding OTTAWA
The new law became operative on
January /, according to Mr. Cannon,
who in statement explaining the
provision, says:
In response to numerous inquiries
taxpayers are advised that certain
taxes, among them the so-called "nui
sance" and luxury" taxes, are re
pealed, effective Jan. l, by the reve
nue. act of 1921. Patrons of soda wa
ter fountains, ice cream parlors anc
similar places of business no Longer
are required to pay the tax OF one
cent for ten cents or fraction there
OF. on the amount expended for sodas
sundaes or similar articles Of food o.
drink. The small boy may rejoice II
the fact that an ice cream cone doe
not cost an extra penny the Ia
imposed by the revenue act OF l9Z
Is on beverages and the constituent
parts thereof and is paid by tn
manufacturer.
Freight Excuses Eliminated.
The tax on the transportation c
freight and passengers Is repealed
effective Jan /. also the tax paid b
hn rhnC
mems and wCmen's wearing appare
such as shoes, hats, caps, neckwea
\ shirts, etc, in excess of a specific
price.
Taxes imposed under Section 81
which under the revenue act or l9l
included the taxes on wearing appa
ell, are now confined to five Pr
cent tax on the following articles
Carpets, on the amount in excess
$3.50 square yard: rugs, on Il
amount in excess Of Sc squa
yard: trunks. on the amount in e
cess of S35 each; valises, travelir
bags. suit cases, hat boxes used
travellers and fitted toilet cases,
the amount in excess of S25 eacl
purses. pocketb0oks, shopping al
hand bags, on the amount in exec
of SIS each; portable lighting fixture
including lamps of all kinds, on {
amount In excess of SO each: far
on the amount in excess of 81 eat
These taxes are included in the ma
ufacturers' excise taxes, and are pt
able by the manufacturer, produc
or importer. and not by the purchas
as required by the revenue act
1918.
The manufacturer may reimbur
himself by agreement with the p
chaser, by quoting the selling pr
and tax in separate and exact amot
or by stating to the purchaser in
vance of the sale. what portion
the quoted price represents the pr
charged for the article and wi
represents the tax.
Sporting Goods.
The taxes on sporting goods. t
mis- rackets, fishing rods, baseball a
football uniforms, fishing rods, g
Il are repealed, also the taxes on che
Il ing gum, portable electric fans, tn
I mostatic containers, articles made
/ fur, and toilet articles and must
! instruments.
I ..nrs~ tax on sales of jewelry, +
~ or imitation, is five per cent. and
payable by the vendor. The tax
the sale Of works Of art, paintlf
statuary, art porcelains and bro
Is reduced from ten to five per CT
This tax. payable by the vendor,
plies except in the original sale
the article or to an educational III
"A tution or public museum, or a
by a recognized dealer in such
cles to another such dealer for
sale.
Payments.
When payable by the manufactt
or vendor, taxes must be in the ma
!. of the collector of internal reve
III! on or before the last day of
II month following the month in wi
III the sale was made.
Following are forms for making
III turns and regulations relating
taxes, which may be had on app
ton to offices of collectors OF
ternal revenue; manufacturers
else tax form 720 revised, regulat
AZ, revised; tax on works of art
iewelry, form 72S-A. revised, reg
lions 44S, revised: tax on bevera
form 726, revised, regulations o.
sT vised.