eBook - ePub

Federal Stamp Taxes on Drafts, Checks and Promissory Notes

Name: Federal Stamp Taxes on Drafts, Checks and Promissory Notes
ISBN: 9782528112809

1919

Guaranty Trust Company of New York,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Federal Stamp Taxes on Drafts, Checks and Promissory Notes

1919

Guaranty Trust Company of New York,

About this book

Federal Stamp Taxes on Drafts, Checks and Promissory Notes 1919 is a comprehensive guide detailing the application, interpretation, and enforcement of federal stamp taxes as mandated by the United States government in the early 20th century. This authoritative volume provides an in-depth analysis of the legal requirements imposed by the Revenue Act of 1918, which reintroduced stamp taxes on various financial instruments, including drafts, checks, and promissory notes, as a means of raising revenue during and after World War I. The book meticulously outlines the specific provisions of the law, offering clear explanations of which documents are subject to taxation, the rates applicable to each type of instrument, and the proper procedures for affixing and canceling stamps. It addresses common questions and ambiguities faced by bankers, lawyers, merchants, and the general public, providing practical examples and official rulings to clarify complex scenarios. The text also discusses the penalties for non-compliance, the responsibilities of parties involved in the creation and negotiation of taxable documents, and the methods for obtaining and accounting for revenue stamps. In addition to its legal and procedural guidance, the book includes references to relevant Treasury Department regulations, court decisions, and historical context, making it an invaluable resource for anyone involved in financial transactions during this period. Its thorough treatment of the subject matter ensures that readers gain a complete understanding of the federal stamp tax system as it applied to drafts, checks, and promissory notes in 1919, reflecting both the letter and the spirit of the law.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.

No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.

Perlego offers two plans: Essential and Complete

Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.

Both plans are available with monthly, semester, or annual billing cycles.

We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.

Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.

Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.

Yes, you can access Federal Stamp Taxes on Drafts, Checks and Promissory Notes by Guaranty Trust Company of New York in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.