A Few Pointers Coa
cerning Income Tax
Tacoma —The following statement, is
issued bv Collector of Internal Revenue
Burns Poe for the District of Washing
ton. which includes Alaska
s*The revenue act of 1021 contains
two new and important provisions,
which are the subject of frequent in
quiry. The first relates to the personal
exemptions allowed married persons,
and (lie second to the provision requir
ing that a return be made of gross in
come of $5,000 or more.
"The act provides that a married
person, living with husband or wife,
whose net income for 1921 was $5,000 or
less shall be allowed a personal ex
emption of $2,500. If the net income
of such person was over $5,000 the ex
emption is $2,000. Under the revenue
act of 1018 the personal exemption al
lowsd ;v married person was $2,000, re
gardlessof the amount (if net income.
The normal tax rale remains un
changed. 4 per cent on the first $4,000
of net income above the exemptions
and 8 per cunt ou the remaining net
income.
“In order that an income slightly in
excess of $5,000 shall not. be subjected
lo an inordinately disproportionate tax
because of the reduction of the exemp
tion to $2,000 thereon, the law provides
that sucti reduction .shall not operate
to increase the tax. whioh would be
payable if the exemption were $2,500,
by more than the amount of the net in
come in excess of $5,000c
“For example, on a net income of;
$5,010 the tax, without this saving
clause, would be 3120 40, which is 4
per ceut on $5,010^ the amount of net
income less an exemption of $2,000.
The actual tax is $110 40, competed as
follows: From the net income of $5,010 |
is deducted $2,600, leaving $2,510, the 4
per cent tax on which amounts to
$100.40. To this is added $1.0, ‘the
amount of net ineome in excess of
$5,000.’
“The personal exemptions allowed
married persons apply also to the head
of a family, a person who supports in
one household one or more relatives by
blood, marriage or adoption.
"Heretofore a person whose net in
come was less than his exemption
$1,000 if single, or f>2.000 if married)
was not required to tile a return.
Under the revenue act of l'J21, if the
gross income of an individual equaled
or exceeded $5,000, or if the combined
gross income of a married couple and
Mini of ilepdndenl minor children
eq-ualed or exceeded $5,000, a .return
must be liled, rt gardless of the amount
of net income.
“ ‘Net income’ is gross Income, less
certa in deductions from gross -income,
TO those who will be in need
of dental services, will say
' j it, is my intentiou to return
; i North on the first boat landing
j at Bethel, early in July, and
later will visit McGrath, Tn
cotna, Ophir, Flat and all other
places heretofore covered.
During my stay on the Out
side it is my intention to take
an up-to-date course in Op torn
etry, my purpose being to return.
North prepared to test the eyes
of all those in need of this spe
cial attention, as well as to sup
ply accurate lenses and other
optical requiraments
j C. D. Carter; B.D.S.
! for business expenses, losses, bad debts,
t etc., may reduee the net income 10 an
amount below the personal exempt i< i s
of $1,000 or does not alter ibe
requireuje.it to file it return of gmsC
income,.if such gross income equities ,
or exceeded H5 4)00. ”
—
Asks Revenues of Sea!
Industry for Territory
A. resolution prepared by a special ]
committee of the .Juueau Commeiciai |
Association has been forwarded to the!
Department of Commerce through the!
fe’overnor of Alaska at Washington,
asking that all of the net proceeds ui
the Government’s fur operations on
Pribiloff isianus be turned over lo
Alaska. Copies of the resolution have!
been forwarded to otfier commercial !
organizations in the several Alaskan
towDa with the request that each take
similar action.
The proceeds from the Government’s
fur seal and fox farming enterprises ora
the Pribiloff islands are now deposited j
in the treasury of the United States.
The resolution, prepared by Charles j
D. Garfield and Henry Roden, is as fol- ’
lows:
•‘Whereas. 75 per cent of the reve
nues-of the Territory of Alaska are de-]
rived-jrom its fisheries; and
“Whereas, owing to the uosatisfas-j
lory condition of the market such reve- i
nues have been greatly curtailed, and,
judging from the general outlook, will .
be further curtailed in the future: and
“Whereas, the Federal Gnvermuem
derives from its fur seal and fox indus
tries carried on i pnn the PribiietT
islands in Alaskan waters, annually,
large net profits which are now covered
exclusively iuto the Federal treasury:!
and
“Whereas, there are no further tax
able resources available from which
the Territory may hope to replenish its
iu corner.
“Now, therefore, be it resolved by
the Commercial Association of Juneau,
Alaska, that we do respectiull.v peti
Notice of Forfeiture.
To H. Beyer, your heirs, executors and j
assigns'
You, and each of you*, are hereby1
notified that I, the undersigned, your !
co owner, have expended for labor and
improvements the sum of not less than
one hundred dollais ($100) yearly for
the years 1910, 191-1, 19 2, 19i,‘>. if) 4. 19 5,
1916, 1920, upon your interests in the
Three Star Association placer mining
claim, situated on Yankee creek, a
tributary of the Inta ke river, Innnkn
mining and recording precinct, Terri
tory of Alaska, in order to hold said
claim under the pi i visions of Section
21124 of the revised statutes of the
United States and the amendments
thereto concerning auoual labor upon
mining claims, being t he amount, re
quired to hold said-mining ciuim for
the period entiing Julv ’ 1921,
Anil if within the period of ninety
days after the-pnWicat iou of this r.o
lice you fail or refuse to contribute
your proportion of said expenditures,
as well as the costs of recording the
same and the expeu-es of this ttlver
tisement, your interest, in said claim
will become the property of the under
signed, your co-owner, who has made
the required expenditures under the
terms of said Section 2224 of the re
vised statutes of the United S ates.
Jean McLean,
Go owuer.
Date of first'publication, Dec. 29, 1921.
Date of last publication, April 5, 1922. i
Billy Jones
Freighter
{ tion the Congress <if the United States
| to enact into law a provision under
I which all the net returns from the fur
seal and fox industries carried on up >n
the PribilofT islands he covered into
the general fund of the Territory of
Alasaa.”
Approving Rates Over
Government Railway
Washington, March 12,—The author
ities have approved tnc through rates
; on freight and passengers front Seattle
! over the water and mil haul via the
Government Alaska railway to interior
points as far as Fairbanks and return,
as worked out some two months ago hy
representatives of the Alaskan Engi
| neering Commission and the steamship
i lines, that is the proportion each car
rier shall receive. The actual rates to
he charged are fixed hy the Govern
ment, which has not yet issued transfer
i sheets.
Wave of Crime Is Not
Due to Ex-Service Men
Seattle.—“The wave of crime which
] is sweeping the country this winter is
not being committed by former army
j and riavv men. except in very rare in
! stances.” said VV. A. Pinkerton, of the
i Pinkerton Detective Agency. “The
big percentage of criminals are men
who did not enter war service, but
nicked easy jobs with shipyards, and
•with railroads and steamship com-1
panies.”
Mrs. E. Marsh Shannon returned
Sunday from a business trip to Fiat.
Notice of Forfeiture
To John Neimi, E. Oksanen, John
Heino, Matt Besola, Malt Kivinen,
John Turtenain, Henry Kleimola,
August lielkula. vnur heirs, ex
ecutors, administrators, and as
signs:
You, and each of you, are hereby
noli tied that we, the undersigned, have
dune and caused to be performed labor
to the value of one hundred dollars
($100.00) vearlv. for each of tlie years
101 f». l!il() 1917. 1018. 1010. 1920, 1921, }
upon placer mining claim known as!
anti called Neimi Association, situa'ed
on Spruce creek, a tributary of lnn><ko
titer. Lonoko mining and recording
precinct. Territory of Alaska, in order
to hold the said claim under the pro
visions of Section 2J24 and amend
meets thereto, of the revised statutes
of the United States of America, con
cerning annual labor upon mining
claims.
And if within ninety (00) days after
i he publieat ion of t his not ice you fail or
refuse to contribute your proportion of
said expenditures, as well as the costs
of recording the same and the costs of
this advertisement, your interest in
said claim will become the property of
i he undersigned, your co-owners, who
have made the requited expenditures
uniter the terms of said section 2J24,
and amendments thereto, of the ie
vised statutes of the United States of
A merica.
H J. VlNAL,
W. A. VIXAK.
Date of first publication, Feb. 4 1922.
Date ot last publication. May 0, 1922.
William Case, who suffered the loss
of several toes a few weeks a^o as a
resul' of freezing is now able, with the
aid of crutches, to take short jaunts
about town, a welcome sitrht to his
many friends.
Forfeiture Notice.
To Frank P. Uasluud. your heirs, ex
ecutors and assigns:
You are hereby notified that I have
expended during the sears 1914, 19).*,
1919, 1917 and 1920 the sum of one
hundred and twenty-five dollars ($12d)
in labor and improvements upon
your undivided one-fourth interest
in claim No. 2 below, first tier,
left limit. Candle creek, in the
Mt. McKinley mining and recording
precinct, Territory of Alaska, in order
I io hold said claim under the provisions
I of Section 2324 of the revised statutes
of the United States, and the amend
l ment thereto approved January 22,
i 1N80, concerning annual labor upon
j mining claims, being the amount re
quired to ho'd said placer mining claim
jtorthe period ending December 31st,
! 1920.
i And if, within ninety davs from tbs
personal service of this notice, or
j within ninety days after the publica
tion thereof, you fail or refuse to con
tribute the amount of such ex
penditure as well as the costs of re
cording the same, and the costs of this
advertisement, your interest in said
j claim will become the property of the
I undersigned your co owner, who has
j made the required expenditure under
| t he terms of said sect ion 2324 of tin*
| revised statutes of the United States.
B. B. Green.
Date of first publication, Jan. fi, 1922.
Date of final publication. April 8, 1922.
LUMBER
Any Length of
WOOD FOR SALE
Delivered to Your Order
J, HEINO
CHARLIE’S
LAUNDRY
Shoe Repairing
Sign Writing:
Paperhanginjr
CHARLES REBHUN
The Handy Man
A. HIGGINS
TacoSna