OCR Text |
Show REVENUE TAX 1 FACTS i Tho tax on s.ile- of jewelry, real E or Imitation, is 5 per cent, and is pay- H I able by the vendor. The tax on the'B sale of works of art (paintings statu- jl ttry, art porcelains, and bronses) lsiB reduced from 16 to 5 per cent. This 1 1 tax, payable by the vendor, applies II except In the original sale by the art-R J ist. or to. an eduoational institution i H or public art museum, or a sale by "'H recognised dealer In such articles tolB anqther such dealer for resale. V, When payable the manufacturer . H or vendor, taxes must be in the hando B of ttie collector of internal revenue on j B !i before the last day of the month I B Following tho month in which thcjB salewas made. t. |