Ogden Standard-Examiner | 1922-01-08 | Page 5 | Revenue Tax Facts

REVENUE TAX FACTS 4 i Proprietors of theatres, moving pic- I ture houses, and other places of ' amusement aro reminded, said J. W. Roevo, divisional deputy of tho Inter- I nal revenue department, yesterday afternoon af-ternoon of the fact that tho revenue act of 1921 provides that where tho price of admission is lo cents or less, I no war tax ls to be collected. This same ruling also applies to frco admls- I slons. Persons conducting soda fountains, I ice cream parlors and similar places ! of business, are reminded to discon- I tinue the collectilon war tux in soft i drinks and ICS Cream. They are cau- j Honed, however, to keep a strict ac- count ot fountain s rups inanufactur- I ed and used In the preparation of soft drinks and ice cream and t pay a lax on tho syrup at tho rate of y cents a ' gallon, payable each im.nth to the col- j . lor of internal revenue Each person per-son required to pay such a tax shall procure and keep posted in his place of business, a certificate of registry ' In accordance with the regulation. Any person who fails to register or kei p posted a certificate of registry shall he. .subjected to a penalt (.f not moro ' than 51000 for each such offense. The so-called luxury tax on Wearing apparel, such as shoes, shirts, hats, etc., haa been repealed. The 5 per cent tax on Jewelry. ' pearls, precious and Bemirprecloua stones, articles made of, or ornamented, ornament-ed, mounted or fitted with, precious metals or imitations ther.-of (r Ivory,' watches, clocks, opera glasses, lorg- : nrtte.s, Miarln- glasses, ih ld glasses. I and binoculars is still effective, except that surgical instruments, eye glasses, i and spectacles aro excluded from tv j under tho new law. Proprietary stamps on toilet articles ! and medicinal preparations are no 1 lunger requlrod. Tax on candles as paid by the manufacturer man-ufacturer has been reduced from G per cent to S per cent.