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Show I0METIM DEER EXPUKD Time for taking out license and fit ing bond for the collecting of fori bin items under the income tax la ba lieen extended to Decembei I, according accord-ing to a telegram received yesrierday j by K H ( allister. collector of inter-inal inter-inal revenue. Application to the collector col-lector for license Is required before doinj; business, according to the telegram tele-gram This applies to the capitalists who are not citizens of the United States in regard to the income tax law which went into effect about a week ago Articles of Ihe new law regarding the Income tax have been received and the first four, which seem to to embody the main points at issue, are as follows: ' A. There shall be levied, nsse.-s-ed and collected and paW annually upon the entire net Income arising of accurinti from all sources in the preceding pre-ceding calendar year to ever iti sen in the United states, whether re-Biding re-Biding at home or abroad, and to ever) ev-er) person residing in the United States, though not acltizen thereof, B tax of i pei centum per annum upon such income., except ' as hereinafter provided. "B. That, subject onlv to such exemptions ex-emptions and deductions as are hereinafter here-inafter allowed, the net inepme of a taxable person shall Include Incomes derived from salaries, wages or compensation fur personal service of whatever kind and In whatever form paid C That there shall he deducted from the amount of the net Income of each of said persons ascertained as provided herein, the sum of 13,900, plus $1000 additional if the person making the return be a married man with a wife living with him "D. The said ta shall be computed com-puted upon the remainder of said net income of each persons subject thereto there-to occurring during the preceding cal endur year, ending December 31; pro J , vided, that for the vear ending December De-cember 31, 1918, said tax shall be computed on the net income accruing accru-ing from March 1 to December 31, 1913, both dates Inclusive, and after deducting five-sixths only . f the spe-exemptions spe-exemptions and deductions herein here-in provided for; prouded. that the provision requiring the normal tax of indivduals to bo withheld at the source of the income shall not I,p con-trued con-trued to require that anv such tax be withheld prior to the lir;t da' of November, No-vember, 1913.'' -oo |