Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-05-12

HAVE received so many communications from Commissions
Of The Revenue and ohefs suggesting doubts and d
cues in c certain portions OF the ieytnu
81 last session. That consider indenahe IN order
ducr suneibn. like uniformity of action your ar ap
~ q yltN ans. have formed
principal points which have been coilfovercd. IN ayug a
with III. Attorney and have consulted
likely she'd light upon The subject but do
wish you Ia understand aiiiori;atiyrly exporndnc The
law hinder the flee and deliberate exercise Of
judgment.
l. What constitutes loan of money within The meaning Of the
law; general proposition, bonds
Obligations executed for The purchase Of property for The
torrance Of labor is not taxable u IT. after the debt ,hu
contracted and payable be made hetweet
e,amn addoua srcu,ily tc tnk.n and new bond he eye
Carrying ine ;ai the debt j. virtually
Ar x.rd ''" ,a:iap N @ S
c' and The cas- OF CREDITOR who having actually received
The amount al hts bond for property labor immediate
r'.cfrS II 10 THE debtor a. lean oi money
, Is "a he qur.'icn o interest ytred have expressed s
cations. that il necessary that the should
been actually received in money If the creditor renew. ME
bend including the interest eyaate taken
interest or property or oer equivalent he taken for lie IN
ne '' Interest VIII nave ice" received" ana Is therefore '
g. As 10 profits on purchased bonds or noes The atlaa
'c;cd or received where tne notes bonds
settled or renewed The ordinary
l. The terms Interest received would only the
interest for single bu also all arrearaees 81
oeived within The recrdin. year.
T. The ineTcs; the first loo of bonds
other securities exempted from Alter III,
interest or profits received ON all snc loans investments ove
SlG0, e COMMISSIONS should deduct interest aeaa
al Interest," for hch The faith
0asrs 50 that Is not necessary ;hn, he should have paid The
roreed io those provisions Of the law which relate Il
T1eHt.d aud fees Of Office
l. The law will reach almost every description of Office
pymtn', calling poess"n where the income is derived
rom th use "i money nor rom property nr stocks, nor from me
anlca manufacturing labor Profits from the of
aud The dividends o stocks faxed under other and dsnc
clauses OF The ia" Neither rents nor The income from me'an
r agricultural industry, would he embraced head
hccanse oil such income derived from property,
n anoii-r form
ay Of the April expressed the opinion thai
Lp l ma.
INCOME derived cnrng sc preceding from the offices and em
pcymcuis enumerated matter how eguarly
BOOK keeper or ace uh'ant Tor example, who shall have been
inc employment Of two mercantile houses would
liable to- tax his aggregate receipts if he had received
MS whole yearly compensation from siaele individual or CO.
partnership.
3 Salaries wages derived from two or more Offices or en-
"ycn should be added together. and SioU deducted
r aggregate leaving the residue /" he taxed. believe have
expressed opinion three COMMISSIONER ai ,h
income rom one Of The Offices onpoymcn consisted Of ts
rs distinguished from saary the deduction of S
should he separately made from ;hc profits employ
subsequent rcicc"n however has induced doubt welr
'hc terms of the law will warrant TINS construction.
d Where Tie income o the office, calling profession, con
S o. Ices ,Ue . nj tho expenses slTily incidea
!" such office. calling profession snond be first deuciec
For example the clerk hire paid by
@ deputies, AMI tie COMMISSIONS pad for collecting ti
cS 'hc wages or compensate" paid hv sccomaser IL i
sSian;i The pad by Deputy Sherfs thu
'ay; The sum actually disbRSed by Inspectors Of Tobacco
of c"eTase, sc dc., s-c presume, also, The Lrgi
lure could have designed fees, accfunr frcm any
@ calm. o. profession, no. collected y Of insolvency
| iehova.
s. The 1,s general one and would embrace ctle
moumentS moi 50 calc-f example the commissions Of al
t"iheys, clerks and shcrffs.
The inquiry frequently made whether carriages
watches clocks, if repair, used are a.ahe
M aw Is comprehensive IL lis terms and makes exception
yet ar hend that any of the sb
erah aye 80 entirely useless aud utterly h
incapable 81 repair, they oucht Ice On
hi> constitution would certainly the spirit aud
eion o i:e Ian" AMI when o the kind shall present
3D. e "nn'ss'"Ecr Will ii course
ana judgment. Very respectfully
,.,, JAS H. HEATH, Aud. Of Pub. Accounts.
WAY - l22-lt