War Tax: A Complete Analysis and Explanation of Normal Taxes and Special War Taxes Now Imposed by the Federal Government, Including Tables and Examples, Applied to Corporations, Partnerships, Individuals, Etc (Classic Reprint)

Excerpt from War Tax: A Complete Analysis and Explanation of Normal Taxes and Special War Taxes Now Imposed by the Federal Government, Including Tables and Examples, Applied to Corporations, Partnerships, Individuals, Etc

On October 3, 1917, Congress enacted a revenue law that will bring persons under the operation of the income tax.

The new law imposes obligations, in connection with many taxes, upon a very large part of the population not heretofore included in the taxable class; so that practically every person receiving an income must inform himself or herself. Persons failing or neglecting to comply with the law are liable to severe penalties.

This analysis of the revenue laws now.in effect, is arranged in a form that will make clear to the taxpayer how the taxes are levied, assessed and collected; when they are due, and how and where they must be paid.

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