The Independent-News, Volume 87, Number 20, Walkerton, St. Joseph County, 16 May 1963 — Page 4

- THE INDEPENDENT-NEWS — May Hi. I«M>3

4

Information Concerning Sales Tax

The 1963 Indiana sales Tix The new Indiana state gross retail tax, hereafter referred to as the sahs tax, is basically a 2'; sales tax on retail sal s. The new law adopts generally til? same language and definitions and accounting procedures as are forth in the Indiana Gros* Income Tax Act. Tin i efor< as a genual rule .g thumb, taxable sabs will he tho,e sales which constitute s. 11 mg at retail under th? gr-<s in onie tax and the taxaf h- sal- - pin • will b< the am tint tr< at. 1 und» r the Gross i n < onu Tax A t as i; tos , na ~m ? j, ived t n a. sell eg a! i. •ad Trade-ins will thus he* cb :;d• b . '' . line accounting pi r. dura s will b. apph •able, i v eash or accrual basis and calendar year or sis । year, as hoWev< I Used for »t • , in> ome tax i port mg The sales tax will ab • be applicable to tr • furm. hmg of local telephone telvgrar h. elec trie water and ga utility services and to the furm. hmg of tra-uent lodging . for periods of less than thirty day Effective Date Os Tax doe sales t.ix will be first applicable with n sp. ct to sales of tangibl • personal property delivered to the purchase r on or aft r July 1 196.;. Accordingly, an ordei roa ived on June 10th and paid fc r on u. h dat ■ will nonvthelrs 1, ■ a taxable -ale if the nicrchandi • is delivered to the purchaser on or after July 1. 1963. Tin- only exception to tax liability for m c hai.ch e d ■- livered after July 1 is m -n hondise ordered prim to March 1. 1963. and pad for pi. w to July 1 19 KJ. v ni<jh n• r. h;, uh <. to the extent >f such p yment. will b- nont xable re ra i) >s> of the time of delivery. Exempli 'is Ex'cmptcd from the . ! t x are: 1. Inter Lat * s ’ u 2. Federal or state retail xcise taxes collected by the r.1 ail merrlaut and Iho f- de • d manufuctur . ex ; e tax on motor vehi< 1 ai d tires if such tax is sip lately charged; 3. Sales to the federal p »v---emment: •I. Sales of tangible personal property directly eon umed or u ed in farming, including s deof livestix k for breeding ot resale: 5 Sales of wrapping materials and non returnable containers: 6 S. 1 -s <>f newspapers: 7. Sales of tangible personal property or s. nice directly used o’ - cor um<*d m th • rendering of public Iran p. rtation of persons or property; S Sales to state and local governmental agencies of propcGv predominantly used in governmental activities; 9 Sales f manufactui ng and

fr«M *HI STOR Y * 5| 8CRA P BQO k IIP IMPORIAM OUfM ARO fvrww IROW HSTIRVIARB The firM Kentucky Derby was held May 17, 1875. The first U.S. adhesive postage stamp was issued, May 17, IM7. Some 390 colonists were massacred by Indians in Virginia, May 18, IM4. A general price ceiling on retail goods went into efftut, May 18, 1942. 'Hie first immicraUon quota act was passed by U.S., May It, 1921. Prime Minister Winston Churchill addressed U.S. Congress, May 19, 1913. The U.S. Army's first pilot school opened at College Pari;, Maryland, Mas 2’!, 1911. Charles A. lundberg took off on first solo transAtlantic iiight, May 2b, 1927. lawis and Clail left St Iziufs for a trip up the Missouri Riser, May 21, 1844. The Amcnran Red ( runs was founded, May 21, ISHI. The treason trial of Aaron Burr opened at Richmond, Virginia, Mas 22, !8«7. Jhr German battleship, "BiMnarck" was destroyed, May 23, 1910.

agricultural equipment and sale, of public utility s. ivjc s when predominantly used for manufac tuimg oi agricultural purpus10. Sales of school meals to child’en and school ‘nipjov ■< at s. hooh having grades one through twelve; and 11. Sales and purchases by churches. hospitals, schools, accr xlited colleges and other o» - ganizations wh >lly exempt from the gr hs income tax All sales of property wl ich would he reeogmz d a- wholed" s• 1 s under th" <Jro s Inc<>n • Tax Ac t will also bi* exempt. I s. Tax Ta new law also imposes a use tax on the use, storage oi other consumption in Indiana of tangible personal property purchased at retail by a consum t in sales not subject to the sa.es tax. that is, to incoming’ interstate sales and to property purchased elscwheu and brought into Indiana by the pun haser. The same exemptions apply to the use tax except for the interstate sales exemption and therefore, the use tax will apply to the same type- of traF .- actions a iye subject to the retail tax R< gistr it ion R-’quln-mentH The new law requires retail mere bants to n*gist< r on or before June’ 15th with th* Gross Tn< o’oe Tax Division and to obtain for each store a Regi Retail M-rchant Certificate at a (•<>>’ of $3 50 rnr certificate, which certify a! s. renewable an: ually at th • same cost, shall Ik‘ in lieu o! the pr- ntly i. quired store licenses Th • rer strati m • m- v ill r’.’t be payable 1963 1 : anv ’ .r.- for whu ') a 1963 st.? e I n. ha air. adv been aco iired. Manut teturers ar. 1 wla h- al.-rs . ’e permit: d to r gistcr voluntarily at a cost of S 3 50. a”.I all registex^d r. tail merchants, whole aha and manufa turers and all governn nt d agen ic> ; ar • auth iriz d to issue to tl ir re pi ti’.e suppliers Exemption C rtifieates in the pn>cun w nt of property in exempt transaction whi h shall reli we such suppliers from any liability to collect tax from the persO” i suing the Exemption Certificate. Miseellane ms Provision - N » motor vehicle purchased after July 1 1963. may lx* first li< cnsrd to the owner without proof of payment of the sales tax or the us» tax or proof of no tax liability, ie new act. further amends the gross income tax act Lo subject state agencies, colleges and universities to liability for the guoss income tax when perf >rming private or proprietary business activities and repeals the store license act.

IHE FEVER MOUNTS - —• — —; — a-aaai.' ' if— ~ .. _ S'. - ■' *■. !W®! --y " - - ^asJ Clean Un Cartnainn Kicked OH W’th Sweeninq Results ■»» - ® H. 1. >, r .A S WSw.»„ , t , « fit • ’ *•. « Fl||| tiWy_•*ay - •. ; . ■ ■ • ■ L '-’ • . ■ - " •' , ; ■ ’Go . , << t • i-

The Chamber of Commerce s Clean Up-Paint Up canlpaign was kicktd off Saturday morning with real enthusiasm a. about lo members, equipped with brooms, started the ball rolling with a sweeping of the business district. At 8:00 am., two teams busily started sw eping at opposite ends of the business area and swept to the middle in quest of winning a cup of coffee and a r >ll In the meantime, getting the dirt and debris cleaned up was the main objective. The teams, headed by Jerry Rams and Dr William Cai ter really had tfhe brooms moving and it was a bitter pdl for the good doctor to swallow when he saw the complete superiority of the Rains’ team doing an outstanding job of cleaning and approachmg the hn * nt the same time. The plea entered by the doctor was foH n tie, but in th • hearts of the f »rty hard worker-', there was no doubt about the outcome Immediately after the rweeping. the Walkerton Fire Department followed along with two tru> ks and their jeep and did a very efficient job of washing down the same area Their efforts made the two block area shine and all were just a little proud at the appearance after they completed their washing job The Chamber wishes to thank the Fire Department and the

Town Employees who ussi .ted so much in this kickoil of the cleaning drive. Nou’ it is up to the rest of th • town This was hop'd t > be the kickoff of a town-wide cleanup campaign that would make our town look much more attractive. In addition to the cleaning of properties and homes, the business district and open lots, the Chamber is further helping by having the old onion storage ruins at the west edge of Walkerton leveled. The foundation ha been bulldozed in and leveled and will be filled as the fill material is available This was done Saturday and has made a vast improvement in that end of the town. Ronnie Drake was hired for this job with his bulldozer The fill will continue until the large hole is leveled and then top boil will be put over the ruins in an effort to grow grass in that spot. This has been an eyesore to travelers on U S, 6 fa many years. A man be'ng interviewed for a job was asked by tile jiersonne’ director: “Are v. married”" "No." replied the applicant, “but I can take orders, if that's what you mean”. The fellow who falls >oo often for the something for nothing Bine is apt to wind up a hitchhiker.

I -. “Hard Workers" Bring $296.00 At Public Auction Th«‘ hard Workers Auction, at Uhe Lions Benefit Card Party Friday night. brought a total of $296 00 t<. the Jim Lowry Fund as the Lions held their fund raining dnve in the combination card party and auction The hard wonkbers became liotly contested as Board of Directors. Jim is a member nf the club. Bidding several of the nwoa* bers became hotity contested as their services were needed by mom than one party. One members wife even felt Rhe needed her husband for a little work around the house but lost out to a group of bidders Ln the hottest bidding of al! All hail a goad time and the work is yet to come for the twelv • volunteers. The run down on the workom and their purchasers Ls as fol Iowa: Hard Worker Bought Bg George Parks Boh Urbin Buck Kepcha Dave & Ray'a Jim Reed Art Benson Bob Urbin Doll’s Service St*. Jerrv Rains Art Benson "Jak/'” Powell Gos Verklar "FMe” Dalev Walk. Lbr. Co. Dick Cline Bob Hiler Ix-e Welch Rav Kaminski Bob Hocker M»1 Alwme Bob’s Fum Mart Denslnw Drill George Parka Bob Hiler Six Lion Member*