What are Revenues? PURPOSE 1. Pay a tax or not 2. Pay a fee for service 3. Show a credit 4. Occupational Taxes 5. Insure that proper tax will be paid

Pay a Documentary Tax First Issue Paying the 5¢ certificate rate on a drawback certificate

Pay a Specified Documentary Tax Future Delivery (futures contracts) Stock Transfer (for use on the stock exchanges) Silver Tax (50% of the profit from an investment in silver)

Pay a Documentary Tax Stamp imprinted by the American Photo- type Co. 2¢ tax on bank check Payee is the patentee of the phototype process

Pay an Excise Tax General tax on consumable goods, such as chewing gum, soap, tooth paste or powder, and patent medicines Note the advertising value of the company name

Pay the Tax on Matches, Medicine, or Perfume Private die proprietary stamps, printed to the company specifications Symbols and portraits have marketing value

Pay the Tax on a Pack of Playing Cards In 1917 the tax was raised to 7¢ and the companies added the new rate as part of their cancels Later the stamps were denominated One Pack

Pay the Excise Tax on Beer Alcoholic Beverages are a favorite object of taxation 1866, the first revenue stamps printed by the Bureau of Engraving and Printing

Pay the Excise Tax on Wine The tax on wine depends upon the alcoholic content and whether it is a still or sparkling wine Early wine stamps cancelled by R.H. Macy (the miracle on 34 th Street)

Pay the Excise Tax on Distilled Spirits Before 1950 the stamps were denominated in gallons In the early 1950's stamps were denominated in dollars and cents

Pay the Excise Tax on Cigarettes and Cigars Standard cigarettes (Class A) and heavier cigarettes (Class B) Small cigars Standard size cigars taxed by their retail price (Classes A - G)

Pay the Excise Tax on Snuff, Chewing, and Smoking Tobacco Stamps are denominated by weight Stamp format is based on packaging considerations

Pay the Excise Tax on Oleomargarine In 1886 the tax was 4¢ per pound Purpose was to prevent fraud of moving oleomargarine into empty butter firkins!

Pay the Excise Tax on Mixed Flour Corn meal was being deceptively added to flour Like oleomargarine, this tax was to prevent fraud Law also required that this be called Mixed Flour

Pay the Excise Tax on Medicinal Narcotic Tax was 1¢ per ounce Company produced provisional less than a month after the effective date of the tax

No Tax Paid on Beer By 1872 brewers were permitted to move beer from the brewery to a (bonded) warehouse without paying the tax Keg with this stamp better not be found in a saloon!

Beer for Export No Tax Paid Another legitimate reason for not paying the tax – the product was being exported

Tax Obligations Settled Baggage inspected If dutiable or taxable items were declared or found, the import duties and internal revenue taxes have been paid.