Page:United States Statutes at Large Volume 42 Part 1.djvu/320

 292 SIXTYZSEVENTH CONGRESS. Sess. I. Ch. 136. 1921. Ugg; "“”· (i) Cameras, gveighing not more than 100 pounds, and lenses for ‘ suc cameras, 1 r centum; m1i’*°‘°€'°P‘“° ‘“”“» (5) Photographlig films and plates (other than moving-picture films), 5 per centum; °•°"Y· (6) Candy, 3 per centum; F*'°°"”S»°*°· (7) Firearms, shells, and cartridges, except those sold for the use of the United States, any State, Territory, or possession of the United States, any political subdivision thereof, or the District of Columbia, 10 per centum; ““”““¤ "““’°S·°°°· (8) Hunting and bowie knives, 10 per centum; mk k¤“'°$»°*°· (921hDi;l; klrglives, daggers, sword canes, stilettos. and brass or met `c uc es, 100 er centum; S"‘°"°”""’“°‘°’· (10) Cigar or cigareiite holders and ipsa, composed wholly or in part of meerschaum or amber, humidlors, and smoking stands, 10 er centum· Sl°°°°°°m°°°' P (11) Automatic slot-device vend' machines, 5 per centum, and automatic slot-device weighing mlsiiinines, 10 pier centum; if the by ”‘“"“‘ manufacturer, producer, or importer of any suc machine operates it for proht, he shall Hpay a tax in respect to each such machmeaput into operation equiv ent to 5 per centum of its fair market v ue in the case of a vending machine, and 10 per centum of its fair mmm market value in the case of a weighinglmachine; _ (12) Liveries and livery boots and ats, 10 per centum; °§“"“"g ‘“"“‘°"'“· (13) Hunting and shooting garments and riding habits, 10 per Yachts, pleasure centum. .. awww. (14) Yachts and motor boats not designed for trade, fishing, or national defense; and pleasure boats and pleasure canoes if sol for com umm on W more than $100, 10 per centum. _ _ eausalis by mmm- If any manufacturer, producer, or importer of any of the articles “"“'·°”°· enumerated in this section customarily sells such articles both at wholesale and at retail, the tax in the case of any article sold by him at retail shall be computed on the price for which like articles are sold In um, 0, ,0,,,,,, by him at wholesale. _ _ _ _ teggsim pp 1m_m5 _ The taxes implosed by this section shall, in the case of any article ’ ‘ in respect to w ch a corresponding tax is imposed by section 900 com umm Hmm of the Revenue Act of 1918, be m lieu of such tax. _ ¤¢_ les? than lumen Sec. 901. That if any person who manufactures, produces or 1m- xufjj, °§j}“‘°" °°" ports any article enumerated in section 900, or leases or licenses for ' exhibition any positive m0tion—picture Elm containing a picture ready for pro ection, (a) sells, leases, or licenses such artic e to a corporation afliliated with such person within the meanin of section 240 of this Act, at less than the air market price obtainable therefor, the tax thereon shall be computed on the basis of the price at which _ such article is sold, leased or licensed by such afiiliated corporation; ,,,§`,f,,1‘;’,'ff,,}f",§{Q'f"‘°' and (b) if any such person sells, leases, or licenses such article whether through any agreement, arrangpment, or understanding, or otherwise, at less than the fair mar et price obtainable therefor, either (1) in such manner as directly or indirectly to benefit such person or any person directly or indirectly interested in the business of such person, or (2) with intent to cause such benefit, the amount for which such article is sold, leased or licensed shall be taken to be the amount which would have been received from the sale, lease or license of wom Ofmmd by such article if sold, leased or licensed at the fair market rice. etherthan mm. Sec. 902. That there shall be levied, assessed, collected; and paid upon sculpture, paintings, statuary, art porcelains, and bronzes, Smsem ted sold by any person other than the artist, a tax equivalent to 5 per D ‘ centum of the price for which so sold. This section shall not apply to the sale of any such article (1) to an educational institution or public art museum, or (2) by any dealer in such articles to another dealer in such articles for resale.