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    <subfield code="a">Guaranty Trust Company of New York</subfield>
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    <subfield code="a">Federal Stamp Taxes on Drafts, Checks and Promissory Notes, 1919</subfield>
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    <subfield code="b">Project Gutenberg,</subfield>
    <subfield code="c">2016</subfield>
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    <subfield code="a">Release date is 2016-04-30</subfield>
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    <subfield code="a">Produced by MWS, Adrian Mastronardi, The Philatelic Digital
Library Project at http://www.tpdlp.net and the Online
Distributed Proofreading Team at http://www.pgdp.net (This
file was produced from images generously made available
by The Internet Archive/American Libraries.)</subfield>
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    <subfield code="a">"Federal Stamp Taxes on Drafts, Checks and Promissory Notes, 1919" is a legal guide published by the Guaranty Trust Company of New York during the early 20th century. This book serves as an overview of the federal stamp tax regulations imposed by the Revenue Act of 1918, specifically regarding drafts, checks, and promissory notes, outlining the obligations related to taxation in the United States and its territories. The work is primarily aimed at financial institutions and professionals involved in monetary transactions.  The content is structured around delineating taxable and exempt instruments, including specific examples of checks, drafts, and promissory notes that fall under these regulations. The book highlights the tax rates and conditions that apply to different financial documents, providing clarity on compliance requirements. It also discusses the proper cancellation of stamps and the process for refunds in certain scenarios. Overall, this work serves as a crucial reference for understanding federal stamp taxes in the context of financial operations at the time. (This is an automatically generated summary.)</subfield>
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    <subfield code="a">Stamp duties -- United States</subfield>
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