New Revenue Act
Imposes 2 Taxes on
Gambling Operations
Two separate federal taxes are
imposed on gambling operations
by the Revenue Act of 1951, ef
fective this month.
Some taxpayers do not tealize
that there are two distinct taxe3 '
and that liability is incurred by .
anyone who accepts wagers,
whether as principal operator or ;
merely as one who reecives wag-!
era on behalf of others, according j
to Clark Squire. Internal Revenue
Collector in Tacoma.
Pending issuance of regula- |
tions. clarification is sought thru
a statement by Commissioner
John B. Dunlap explaining pro- j
visions of the occupational tax
and of the 10 per cent excise tax
on amounts accepted as bets.
Payment of the occupational
tax is made by purchasing a
stamp for $33.34. A person in the
business of accepting wagers is
required to buy the stamp, and
every “runner” or person who ac
cepts wagers on behalf of another
must have one. Each applicant
for a stamp registers with the
collector, stating whether he is
operating as a principal or as an
agent. A principal must report
the names of all his agents, and
an agent must report the names
of all his principals, giving busi
ness addresses. Taxpayers who
have no business address will
give their residence address.
Anyone operating this month
has until November 30th to pay
for his stamp. No refund will be
made to those who quit business.
Information given on the stamp
is shown on a special record open
to public inspection in the col
lector’s office. The stamp must
be displayed in the taxpayer’^
place of business or, if he has no
place of business, must be car
ried on his person and produced
on demand of an Internal Rev
enue representative.
Commissioner Dunlap points
out that the stamp is in no sense
a license, but is merely a receipt
for a tax paid. He also calls at
tention to the fact that the law
specifically provides that pay
ment of either the occupational
tax or the excise tax will not ex
empt anyone from penalties pro
vided by federal or state laws for
conducting taxed activities in vi
olation of such laws.
Willful attempt to evade either
of the taxes constitute a felony,
punishable by a fine not to ex
ceed $10,000 or imprisonment for
not more than five years, or both.
To avoid penalty, application for
the occupational tax must be
made during the month in which
liability begins.
The 10 per cent excise tax is
levied on amounts accepted as j
wagers on sports events and oth
er contests, punchboards, pools,;
lotteries and similar operations.
Thanksgiving
Flowers
Traditional Fall Flowers
for Tcfble Decorations,
Corsages’
Please Place Your
Orders Early
Mat. Valley Gardens
MAUD HOSLER
conducted for profit. Tht* tax i*
payable monthly by penton; ac
cepting waxen or on whose be
half acceptance is made, and
must be reported on a special
form of return They may choose
to collect the tax from bettors.
The return form will not in
clude names of bettors, but per
sons liable for the tax are re
quired to keep complete records
to support the amounts shown on
the returns.
Five operations to which the 10
per cent tax does not apply are:
1. Social or friendly games not
operated by a person engaged
in the business of conducting
such games for profit.
2. Pari-mutuel pools or races or
other contests where these art;
laws.
3. Drawings conducted by char
licensed by state or local
itable. educational, religious
or other organizations ex
empted from income tax un
der the Internal Revenue
Code, where no part of the
net proceeds inures to the
benefit of any individual or
shareholder.
4. Coin-operated machines al
ready taxed by the Federal
government.
5. Lotteries conducted for profit
and similar types of wager
ing in which usually the
wagers are placed, winners
determined and winnings dis
tributed in the presence of
all participants. Under this
provision, amounts wagered
in card games, roulette games,
dice games, gambling wheels,
bingo games and similar con
tests are excluded from the
tax.
Se//£t
Anchorage Council
Sols Aside $50,000
For Recreation Needs
The Anchorage City Council
Friday night set aside $50,000 for
recreation facilities in the An
chorage area in a tentative bud
get. This amount will be raised
through a one mill general assess
ment.
The appropriation followed a
plea for city cooperation in fi
nancing adequate recreational fa
cilities by the Parks and Play
ground Commission head. Bill
Mulcahy. The commission had es
timated recreational needs at
$122,000.
In addition to fencing of two
j open playground areas where
j traffic is heavy, improvements
I will be made at the Lake Spenard
; recreational area. Priorities on
i other improvements requested
by the Park and Playground
Commission will be decided by
| its members. The commission had
requested construction of six dual
purpose tennis courts suitable for
j roller skating and ice skating as
well as tennis, floodlighting at
the ice skating rink and ski bowl,
and construction of a field house j
1 and floodlighting at the Muleahy
Baseball Park.
In remarking that this was only
the beginning of a recreational j
program for the Anhcorage area.
Muleahy reminded Council mem
bers: “The longer we wait, the
more difficult it is to set up ade
quate recreation facilities. Con
struction materials are becoming
more expensive and harder to ob
tain. Labor is higher and land is
too expensive, or too far from the
city.”
Operational expenses for the
recreation program during the
coming year in Anchorage wiil
total $19,360. This sum includ3s
_
-—
A day to renew our faith in the land where
freedom is a birthright, hard work re
warded by a bountiful Mother Nature and
where we in the Matanuska Valley Bank
enjoy the friendship of the finest people
on earth.
CLOSED THANKSGIVING DAY, NOV. 22nd
MATANUSKA VALLEY BANK
Palmer, Alaska
Open Friday Evenings—5 to 7 P. M.
2 PER CENT ON SAVINGS
DENALI PTA OKAYS
BLANKET STUDENT
ACCIDENT INSURANCE
The Denali Parent Teachers
Association of Anchorage last
week approved unanimously of
blanket accident insurance to pay
for any student injury during
school-sponsored activities or.
while m transit between home
and school.
The plan adopted pays to a |
maximum limit of $500 all medi
cal and hospital expenses or ex
pense resulting in the employ
ment of a private registered
nurse. This policy would be group
insurance covering all students
in Denali School whose parents
wish to participate. Tentative
rates are set at $3 per student par
year.
salaries for a recreation super-1
visor, a life guard for three
months at Lake Spenard, a play
ground director for four months.
$4,800 for maintenance labor and
$4,200 for contracted services.
COFFEY INSURES
EVERYTHING. REMEMBER?
I --
SAM WANNER STOPS OFT '
IN VALLEY FOR VISIT
Sam Wanner, bachelor opera
tor of Malemute Ranch near Kish
Creek at Mile 2201* on the Alas
ka Railroad, was in the Frontiers
man office this week to renew h»>
subscription before returning to
the ranch tor the winter. He ex
pected to be here all week
Wanner, who has a place at the
Butte, spends most of the time
when he isn’t working for the Al
aska Road Commission at his
ranch up the railroad. There he
traps all winter and maybe clears"
a little land. This season’s work
for ARC was put in on the new
highway from the International
Airport to Potter and was com
pleted only last week.
Listen To—
’This Is Your FBI”
Every Friday 7:30 p.m.
Station KENI
The Equitable Lite Assurance
Society of the United States
John J. O'Shea. Representative
Box 906, Ph. 47482. Anchorage
RUGS AND LINOLEUMS
Prints or Plains
Imports or Domestics
Ask for Our Estimates on Asphalt Tile
J G FLOOR COVERING
411 Fifth Avenue Anchorage Phone 32251
Interior Freight Lines
Clay Prewitt and Cliff Steadman, Owners
Freight Hauling Between Valdez and Palmer
Phone 62-J-3
FORGET!
Drop in at ALPINE INN, and Be Sure
of an Enjoyable Evening! ! !
Choice Meals Served the Way
You Like Them
COCKTAILS — FINE WINES — LIQUORS
ALPINE INN
Bp
Mile 61, Glenn Highway
Phone l-J-31
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