Lot 607
Early IRS License. Internal Revenue Service Business License. In compliance with the new excise laws of the United States, this license certifies that retail dealers Camble & Brown have paid the appropriate taxes -- in this case, ten dollars. Valid for only one year, this certificate was issued on October 11, 1865. Apparently as the license was effective from May 1, 1865 through May 1, 1866, Camble & Brown appears to have been tardy in compliance. Measuring 11 x 8½". Foxing at upper right, and a small stain at lower left, residue from an adhesive remains along upper edge of verso. In good condition overall.
In order to support the Civil War effort, Congress enacted the nation's first income tax law in 1862, just three years prior to the Camble & Brown company's overdue cooperation, illustrating early disdain for this longstanding law.
Estimated Value $75 - 100.
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| Realized $86 |
