The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-05-29
TAX SCHEDULE
SOON In FORCE
lContinued from page onel

mercial outdoor advertising COM
panies. The tax on peddlers was
also brOadened.
The new taxes imposed by the
1888 general assembly for the
first time under Schedule B are
on athletic contests, boarding
houses. loan companies and agen-
cies, morticians and embalmers,
toll bridges and tourist camps.
For holding athletic contests, the
promoters must pa tax Of So
for each location and 3 per cent
on the gross receipts. Boarding
houses with Is boarders or more
must pay a tax Of 50 a room,
with minimum Of $40. The Ii
cenSe tax on loan companies is
$500 a year in advance while that
on, embalmers and morticians 5
s. if the gross receipts are less
than $1,000 and $40 if more than
that. Toll bridges must pay q tax
CT SIS and 3 per cent on receipts.
while tourist camps must pay n
tax Of 50 room, with a mini
mum of $40.
Among the license taxes in
which changes were made are
those on typewriters, electric re-
frigerators. adding machines, etc,
on which the dealers tax was re-
Guced from 800 to $50, but on
which a tax of 3 per cent on
gross sales was added, instead of
! per cent as in the past. Auto
mobile dealers must pay a tax
of from $25 to 5000, depending
on the size of the business, and
an additional tax Of 3 per cent
on gross sales. The tax on bar
Der shops was raised from 50 a
chair to $3.50 a chair.
The tax on billiard tables was
formerly $25 each. This was
changed to a graduated tax rang
ing from SIS to $25 each, depend
ing upon the size and style.
Wholesale dealers in carbonat-
ed drinks must paw a license tax
of from $50 to 500 year, while
the old rates ranged from 500
to $3.50 a year. They must now
also pay the per cent general
sales tax on all gross sales. how
ever, in addition to the license
tax. That was why the license
tax was reduced.
GRADUATED CHAIN TAX
The new license tax on chain
stores runs from $50 TO $3.50 per
store, while under the old law
there was a flat tax of $50 per
store. Some slight changes were
made in the tax on coal dealers,
as the result of the imposition of
the 3 per cent sales tax, which ,
they must also pay. Minor
changes were also made in the
license taxes on cold storage and
packing houses, contractors, cot
ton congresses, horse and mule !
dealers.
The license tax on hotels is
graduated according to the rates !
charged and the number of rooms !
was increased about 20 per cent
above the 1881 figures. The basis |
of taxing moving picture shows |
was also changed from fiat tax |
ranging from $50 to $3.50 a year |
to a graduated tax ranging from
S25 to $425 a year plus 3 per
cent tax on gross admissions, pay :
able monthly. The tax on mer--
camille agencies was increased
from $3.50 to $500. [
Changes were also made in the
basis of taxing outdoor advertls-
ing, with a minimum tax of 81
per sign erected, with a maximum
of $50. Each sign must bear
metal tag obtained from the conf
of revenue, or it will
be destroyed. The taxes on pawn
brokers. peddlers, piano and ra-
do dealers. electricians, plumb
ers, soda fountains, sewing ma
chimes, slot machines, swimming
pools, sandwich stands, and sew
eral other items were also
changed.