&= (P oy A Z| 2@\! !i\{S ’. .< ‘‘“ - / \ . / rFoS 99 WNy WY VY YA 76TH YEAR {HAEST. CROIX AVIS 18 printed and pulished doily (Sundcys and Holidays excepted) by G. Joiansen at the Avis Ofjice TERMS---50 cents monthly in advance, 2 cents per single copy. Entered as second-cla: matter May 26th 1917 at the Post Office at Christian sfed, St. Crote, V. L. ofthe U. S. A., un- der the Act of March 3. 1879 Contribution to this paper will be glad- lg received when the same deals win mat- ters of. general interest, and is ac.ompa nied with the author’s name, as a quar- antee of good faith The editor caunot be responstole for (e views of his correspon- dents nor does he necessarily endorsethem L e Publicat: üblication. ' is hereby brought to public notice I that in accordance with the proviso in the Naval Appropriation Bill, approved by the President 12 July, 1921, eXtend- ing the Income Tax Laws of the United States to the Virgin Islands, ilncome taxes fov the calendar year 1921 will be collected under the termns of Title Two of the Revenue Act of 1921, approved by the President November 23, 1921, which title is retroactive and effective irom Janusey 1. 1921, . Special attention is invited to the fol- lowing re juirements: Returns must be made under cath oun Form 1040-a, provided the net income does not exceed $5,000, and on Form 1040 if *he net income exceeds $5,000, and will be submitted by the following: (a) Every single person, and every married person not living with husband r wife, whose pet income for the calen- dar year 1921 was SI,OOO or .ver. (b) Every martied person living with husband or wife whose net income for the calendar year was $2,000 or over. (¢) Lvery person whose gross in:ome for the calendar year was $5,000, or over, regardless of the amount of his net income. (d) Every married co.ple living to- gether, if their aggregate net income for the calendar year was $2,000 or over, or if their aggregate gross income was $5,000 or more IGach may submit a separate return, or a joint return may be rendered, as desired. If a joint return is submitted, the tax will be compu ed - the aggregate income. CHRISTIANSTED. V. I. U.S. A.. WEDNESDAY 15rH FEBRUARY 1922 Every corporation subjeet to taxation ander this title. : Fiduciaries shall make re urn on Form 1341; parioerships anad persanal serviee ccrporations on Horm 1U95; eotputauuns on form 1120. ['he term “‘person’’ includes partner- ships and corporavions as well as indivi- duals. I'he term ‘‘corporations’’ iacludes as- sociations, joint-stock companies, «nd insurance companies. : All individuaals corporations, and part- nerships., in whatevar capacity aecung, includine lessees or morigagors of real or personal property, fiduetiries, and | enployers, making payment to another individual, ecorporation, our nartnership, of interest, rent, salaries, wag-s, pre- | miums, annuities, ¢ ip2nsations, remil- nerations, emoluments, or other fixed or determinable gains, profits, and incoine | of SI,OOO or more in the calendar year | 1921, or in the case of such payments | made by the United States, the officers or employees of the United States hav- | ing intformation as to such payments | and required o make returns in regard therzto shall render a true 2nd accu- | rale return to the Despatching Secre- | tary setting forth the amount of such ' gains, profits and income, and the name and address of the recipient of such pay- ’ ment, | A supply of form 1040-z has been re- | ceived ~nd copies are availabie for distri- ! bution at the Office oi the Dospatehing | Seeretary. A suppiy cf all other forms | required by the provisivns of the Reve | nue Act of" 1921 is expected in the ne ‘ future. ‘ Income ifax returnus must be iiled at j the Office of the Decpatching Secretary | on or before the 15ih day of March 1922 | The Despatching Secretary may grant I a reasopabie extention of time for filing | returns whenever in his judgment good } cause exists, f The tax should be paid, if possible by | sending or bringing with the return a 1 ~neck or money order drawn to the order | of ‘‘Despatching 3ecretary’’. Do not ‘ send cash through the mail, or pay it in | person except at the office of the Des- | patehing Secretary. The tax may be ! paid i: four equal installments as fol- | lows: The first installment shall be paid ‘ at the time fixed by law for. filing the | return, t' e second inswaliment shall be paid on the 15th day of the third month, the third installment on the 15th day of the sixth month, and the fourth install- ment on the 15th day of the ninth month No. 36. I after the time fixed by law for filing the retuin. The total tax may be paid st | the filing of the re urn, or if not £0 paid, ' oone ivsizliment must be paid and the | balance may be paid in installments, or |- 1n full, on. or prior to any subsequent | Installent date reforred to above., Faijl- | ure to pay any installment on the date . fixed by law makes the taxpayer lable for the payment of the balance of tax due upon notice and demand by the les. patching Secratary. PENALIY: For failure to make ¢ | tarn ov time, rot mcre than SI.COO and In addition, 25 yercentum of the total (as. Government of the Virgin Isiands of the Uniied States, St. ‘ioix, 9 Webry- L odry, 1000 | L. B RAPPOILEE. Despa'-hing Secretary Publicat ik upbiicat on. HE Li