Page:United States Statutes at Large Volume 42 Part 1.djvu/325

 SIXTY-SEVENTH CONGRESS. Sess. I. Ch. 136. 1921. 297 to authorize the commencement or continuance of such business con- S"E"‘“· ’·*“S· trary to the laws of such State, Territory, or District, or in places prohibited by local or municipal law. _ _ The taxes imposed by this section shall, in the case of persons upon m2Q?‘°S m hw °‘ ‘°" whom a corresponding tax is imposed by section 1001 of the Revenue V0¤·40»v1>-1126-112& Act of 1918, be in lieu of such tax. srrzcrar. ronacco MANUFACTURERS, Tax. ' T°l‘°°°°· Sec. 1002. That on and after July 1, 1922, there shall be levied, b,§,E§’§{,*{;,§2{$,§.'§s?°l°S collected, and paid annually, in lieu of the taxes imposed by section 8D;'6*;{h€,;°: P~ m’8» 1002 of the Revenue Act of 1918, the following s ecial ta.xes, the ` amount of such taxes to be computed on the basis of) the sales for the preceding year ending June 30- Manufacturers of tobacco whose annual sales do not exceed fifty §Ywj32,4,p_62,_ thousand pounds shall each pay $6; **m°¤d°d· Manufacturers of tobacco whose annual sales exceed fifty thousand and do not exceed one hundred thousand ounds shall each ay $12· Manufacturers of tobacco whose annualpsales exceed one hundred thousand and do not exceed two hundred thousand pounds shall each a $24; P Manufacturers of tobacco whose annual sales exceed two hundred thousand pounds shall each pa $24, and at the rate of 16 cents per thousand pounds, or fraction thereof, in respect to the excess over two hundred thousand pounds; mgm Manufacturers of cigars whose annual sales do not exceed fifty 12. s.} sa-. s244, p. thousand cigars shall each pay $4; °2‘*°"‘°°°°°‘ Manufacturers of cigars whose annual sales exceed fifty thousand and do not exceed one hundred thousand ci ars shall each pay $6; Manufacturers of cigars whose annual sgles exceed one hundred thousand and do not exceed two hundred thousand cigars shall each a $12; P Manufacturers of cigars whose annual sales exceed two hundred thousand and do not exceed four hundred thousand cigars shall each a $24; P Manufacturers of cigars whose annual sales exceed four hundred thousand cigars shall each pay $24, and at the rate of 10 cents per thousand cigars, or fraction thereof, in respect to the excess over four hundred thousand cigars; mmm Manufacturers of cigarettes, including small cigars weighing not °°' more than three pounds per thousand, shall each pay at the rate of 6 cents for every ten thousand cigarettes, or fraction thereof. Ewmms mm, In arriving at the amormt of special tax to be paid under this sec- mai. °p Y tion, and in the levy and collection of such tax, each person eng ed in the manufacture of more than one of the classes of articles specified in {Ibis section shall be considered and deemed a manufacturer of eac class se aratel. In com ufin unlder this section the amount of annual sales no Expms mmph account sliall he taken of tobacco, cigars, or cigarettes, sold for export and in due course so exported. srncrnr. ·rAx ON Usa or soars. Pl°°"”"°b°°”’°t°` Sec. 1003. That on and after July 1, 1922, and thereafter on July 1 mspiicslfl Oinggphig in each year, and also at the time of the original purchase of a. new *"{,°,f§g,,,p_1,29,,mB¤d_ boat by a user, if on an other date than July 1, there shall be levied, edassessed, collected, ang paid, in lieu of the tax imposed by section 1003 of the Revenue Act of 1918, répon the use of yachts, pleasure boats, power boats, sailin boats, an motor boats with fixed engines, of over five net tons and over thirty-two feet in length, not used exclusively for trade, fishing, or national defense, or not built accord- O