OCR Text |
Show Tax Upon Stock Transfers. Washington. A bill to tax tho salo ami transfer of stocks has beon Introduced Intro-duced by Represontatlvo Hcpfiurn of Iowa. Tho tax provided for Is fixed at llfty cents por 100 shares. Tho bill docs not undertake to lniposo a tax upon any agreement evidencing tho deposit of stock certificates us collateral collat-eral security, which cortlllcatcB uro not actunlly sold, nor upon any Buch Btock certificates no deposited. Tho bill provides tlrnt a further tax shall be Imposed upon tho delivery of the certificates of Btock. |