Evening star., 1924-06-15
MANY TAXES LIFTED
; SOON BY NEW LAW
Besides Income Tax Reduction,
Levies on Phone Calls and Some
Beverages Are Repealed.
TOLL ON THEATERs REDUCED
Sale of Some .Luxuries Still to
Yield Return to U. S.

Benefits this month and next from
the new tax act are not confined to
the % per cent reduction on individ-
ual income tax returns. 1t was eX-
planned in a statement made public
last night by the bureau of internal
revenue.
Certain taxes have been repealed.
while others have been reduced, some
effective upon the enactment of the
act, 4:0l pm. Washington time, June
>; others on the expiration of thirty
days after it's enactment, midnight,
July ..
Income tax payments. some of
which may be reduced this quarter
under certain conditions. will be due
midnight. tomorrow. June 16, mas
much as June Is falls on sunday.
government under the % per cent
reduction must be paid by that date.
it is explained by the internal rev.
enue bureau.
Theater Tax Reduced.
Among the additional benefits to
taxpayers are the following, accord
ing to the internal revenue bureau:
The tax on telegraph and telephone
messages cents for the transmits
sion of a message the charge for
which is IA cents and not more than
30 cents, and 10 cents If the charge
was so centS-is repealed, effective
midnight July ..
The tax imposed on beverages de-
rived from cereals, fruit juices and
on mineral waters and soft drinks
sold by manufacturers, producers and
importers is repealed effective 4:Ol
p m. June ..
The tax on admissions. effective
midnight July 2, is changed to apply
10 admissions in excess of so cents.
Under the revenue act of 1921 the
tax of l cent for each 10 cents or
traction thereof of the amount paid
for admission applied to admissions
in excess of 10 cents.
Levy on Many Luxuries.
Effective midnight July .. 1924.
articles taxed by the revenue act OF
1921 under manufacturers sales
taxes. but not taxed by the revenue
act of 1924, are X-ray films or plates,
candy. hunting and bowie knives,
dirk knives. daggers, swords. canes,
stilletos and brass or metallic
and livery boots and hats. hunting
and shooting garments, riding habits.
yachts and motor boats not designed
for trade, fishing or national defense,
and pleasure boats and canoes, ire
spective OF the price for which sold.
The 1924 act imposes tax of 5
per cent on automobile trucks, chassis
and automobile wagon chassis sold or
leased for an amount in excess OF
81 900 and on automobile truck bodies
and automobile wagon bodies sold
or leased for an amount in excess
OF $500 On other automobile chassis
and bodies and motor cycles, except
tractors, the tax is . per cent. The
tax on tires, inner tubes. parts and
accessories OF any of the articles
enumerated is reduced from 5 to 212
per cent. The taxes are effective
midnight July 2.
The act provides that, effective
4:01 pm, July ,, the ) per cent tax
ture. paintings, statuary. art porce-
lains and bronzes-shall not apply to
the sale of such articles to re-
ligious as well as educational institu
tions and public art museums.
Tolls Repealed.
The per cent tax imposed by the
revenue act of 1921 on the sale for an
amount in excess of specified price
of carpets, rugs, trunks, valises,
purses. pocketbooks. handbags, port
able lamps and fans is repealed, ef-
fective 4:01 pm. July ?. These were
known as manufacturers sales taxes.
Effective midnight July ,. the )
per cent jewelry tax does not apply
to sales or leases of musical instru-
ments, silver-plated fiat tableware. or
articles used for religious purposes,
or to articles sold or leased :or an
dMOuLl HOl III SaSCss VI SoO "a
watches sold or leased for an amount
not in excess of $50.
The stamp tax of cents for each
500 imposed upon drafts, checks and
promissory notes is repealed, ef-
tective midnight, July . Effective
also on that date, the stamp tax on
sales of produce on exchanges.
boards of trade and similar places is
reduced from 2 cents to l cent on
each 800 or fractional part thereof.
The stamp tax on playing cards is
increased from s to 10 cents.