3lG SIXTY-FIFTH CONGRESS. Sess. I. Ch. 63. 1917.
md (b) Marine, inland, and fire insurance: A tax equivalent to 1 cent
tre. on each dollar or fractional part thereof of the premium charged under each pohcy of insurance or other instrument by whatever name the same is called whereby insurance is made or renewed upon property ofl any descrilpltiog (includingbregts orhprofits), whetlher against peri sea ori an waters, or y re or htning, or other P”?“·’°· ril: Providezll That olicies of reinsurance shall is exem t from Remsuranceexempt. pa . ’ P . . . P the tax imposed by tl11S subdivision; C”“°“Y· (c) Casualty insurance: A tax equivalent to 1 cent on each dollar or fractional part thereof of the premium charged under each policy of insurance or obligation of the nature of indemnity for loss, damage, E¤°°P“°¤· or liabilipiy (except onds taxable under subdivision two of schedule A P°·"·P·3”· of Title III) issued or executed or renewed by any person, corporation,1palr1’%ership, an association, transacting tge bus1n§s of emplréy- er s a `ty wor en’s compensation acci ent he th torna 0 plate glass, steam boiler, elevator, burglary, automatic sprinkler, auto; mobile, or other branch of insurance (except life insurance, and in- §;*?°*·’°· exempt sluhrance ldescrilied and taxed-inaflhg, preceding subdilyision): Proviéled, ` at po `cies 0 reinsurance sh e exempt rom the tax impose by this subdivision' l ,,_,,,IZ§?§§,,,lf§ °§°;Tp;;l (d)_ Policies issued by any person, corporation, partnership, or ¤¤¤rj¢· alsisogation, §1vh(pseA;1qpme is exempt fiom taxation xéngler Title I of V¤1-3°»Pv-7°°»’°’· the ct enti e ct to increase the revenue an or other purposes," approved September eighth, nineteen hiindred and sixteen, shall be exerpfgt from the taxes imposed by this section. ,,§{,‘§‘["m" rm by _ Sec. 5Q5. at_eve?{ person, corporation, pa.rtnership,_or association, 1SS\11Dg policies 0 insurance upon the issuance of which a tax IS gzaposecg by qectiolp fivetéiundred and; four, Zhall, Zgithindthpi firést een ays o eac mon e a re urn un er oa in up_ ca e P°Ym°"’· and piay such tax to the cdllector of internal revenue bf the district in w _ ch the principal office or place of business of such person, cor- ¤¤¤¤¤¤'¤—¤ ¤*¤**¤¤¤· poration, partnership,_or association is located. Such returns shall contain such information and be made in such manner as the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, may by regulation prescribe. WAR 1·¤¤¤¤¤·= =—¤¤‘¤- TITLE VI.-——WAn Excrsn Taxns. d,,%§‘,,'“§€§? by pw Sec. 600. That there shall be levied, assessed, collected, and paid- . ggjyr vihgzm- (a) Upoxrall automobdes, automobile trucks, automobile wagons, ” ’p` and motorcycles, sold by the manufacturer, producer, or importer, a titx equivalent to three per centum of the price for which so sold; an imkmgglemfugw (b)_ Upon all piano players, graphophones, phonographs, talking machmes, endl records usled iii conniction wigh any aausical mstrument piano p ayer grap op one p onograp or t ing machine sold by the manufacturer, producer, or importei, a tax equivalent to three pier centum of the price for which so sold; and ,,,§.Z§“,§, '°' '”°“°‘ I§)b pim all 1§pvmg·p1cture films (which have ariet been exposed) so y the man acturer or importer a tax equiv ent to one—fourth of 1 cent per linear foot· and » M°"‘”g"’*°°“’°mm‘ (d) Upon all positive moving-picture Elms (containing a picture ready for projection) sold or leased by the manufacturer, producer, or importer, a tax equivalent to one—ha.lf of 1 cent pler linear foot; and Jewry- (e) Upon any article commonly or commercia y known as jew- _ elry, whether real or imitation, so d by the manufacturer, producer, or importer thereof, a tax equivalent to three per centum of the price _ _ I for w ich so sold; and g,;,’;f§§",§{§_ “"‘° °S* , _(f) Upon all tennis rackets, golf clubs, baseball bats, lacrosse sticks, balls of all kinds, mcluding baseballs, foot balls, tennis,
