Show U U. S. S Studies Huge Task of Collecting New Tax Revenues Blanks and Instructions Being Designed for Force of Field Agents Who Tho Will ViII Bring t Into Treasury Br United Press WASHINGTON June 8 The 8 The gigantic task of collecting more than a billion dollars in new taxes taxes directing directing a stream of riches from metropolis and hamlet into the vaults of the United States treasury treasury treasury-is is being undertaken by a group of government financial experts with all the intensive effort of a war-time war mobilization Most of the details of administering the new revenue act were left leU by congress to the thc bureau of oC internal revenue The tax collectors are now deciding just how Mr and Mrs America will contribute their pennies dimes and dollars toward the imperative Job of balancing the budget Many of the taxes are in virgin ter ter- ter- ter New methods of collection will be necessary Thousands of ofa a agents and deputies must be instructed instruct instruct- ed Collection forms must be devised devised devised de de- de- de printed and distributed The bureau has a field force of agents These are the persons who will see that the manufacturers producers pro pro- and importers arc are supplied with the proper forms and what is more important make their payments payments payments pay pay- ments promptly and accurately AWAIT INSTRUCTIONS iS The agents are awaiting instructions from Washington When ready the word will go down through the thousands thousands thousands thou thou- sands of government engaged engaged en en- in tax work It will be bc spread abroad in the land and at midnight June 20 20 when the new excise taxes become effective the machinery of collection will be set in motion from Staten island to Sausalito On July 6 the letter that now is delivered for tor 2 cents will require a 41 cent 3 stamp The department department depart depart- ment ordered the stamps several weeks ago and now they arc being I f Continued on Pare Pue Two U. U S. S STUDYING TAX COLLECTION Jo Continued nom From Page Paie One t turned out at the rate of ot a day They are purple in th color with the same design as at present on the cent 2 issue There has been much confusion re regarding regarding re- re garding the special excise taxes such as those on soap chewing gum or automobile tires These are arc manufacturers manufacturers' manufacturers manufacturers' manu manu- taxes and do not relate to stocks on hand at retailers Some retailers may raise their prices on June 20 but this is no concern of the internal revenue people The theory is Js that competition will force the re retailers re- re to keep their prices as low as possible JUNE 20 0 DEADLINE The manufacturer producer or Importer Importer Importer Im Im- Im- Im porter must pay the specified tax tac on whatever he puts into the hands of ol distributors and dealers after the June Jane 20 midnight deadline The consumer will feel the burden as the tax filters filters fil fil- hi- hi down from the top The manufacturers manufacturers' taxes arc are to be paid on the last ast day of t each month for forthe forthe forthe the preceding month July 31 is on a Saturday so the taxes for the period June 30 21 are returnable August 1 The disputed electricity tax is a consumers' consumers tax and will be added to electric light bills the power company company com corn pany making the return on behalf of ot its customers The tax admissions will vili be collectable collectable collect collect- able at the box office The banks must k keep ep the records clear clearon on on the check tax One suggestion tion ibm has been that the bank sell its check books to its depositors but this places something of or an undue penally penalty on the careless check writer who tears up two or or three before getting n the correct date in the upper right hand c corner PAYABLE IN MARCH MARCIl The higher income taxes become payable larch next March 15 when returns are filed for the calendar year ear 1932 The new gift gilt tax also becomes payable payable pay pay- able next March on gifts made from June 7 7 through the balance of oC the present year Gif up to June 7 are arc not affected On net gifts gift of at or less a tax of three fourths of ot 1 per cent will be collected from the donor The scale is graduated to 3 4 33 34 per cent on net gifts between and 2 6 2 1 per cent between and and nd 33 2 1 per cent on all those in excess of Banks Will Collect New Che Check Check- ck Tax WASHINGTON June 8 P JP iT Col Collection lection of the new e tax on checks drafts and similar instruments which goes into effect on June 21 will cause no inconvenience to bank depositors of the country but will b be handled I entirely by the banks The internal revenue bureau said today the banks would pay the tax to w the treasury at the end of each month During the period the banks will keep I count of ot the number of ot checks drawn by each depositor and at the end atthe of at the month enter the charge against his account and a statement in inthe inthe inthe the depositors depositor's canceled checks Counter Counter Coun ter checks h ks which are cashed by the depositor at the bank are not taxed i I |