Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1862-07-11

oeipts rs aforesaid, and the amount Of duties
which have accrued thereon, and render the same
TO- the Assistant Assessor ofthe respective districts
where such newspaper magazine, review, or 9th
or literary or news publication, is or may be pub
lished, which list or return shall have annexed a
declaration, under oath or affirmation, TO be made
according TO the manner and form which may be
from time to time prescribed by the Commissioner
Of Internal Revenue, Of the owner, possessor, or
person having the care or management of such
newspaper magazine, review, OF other publication,
aforesaid that the same is true and correct and
shall also tmonthlyl, quarterly, and at the time Of
making such list or return, pay to the Collector or
full amount Of said duties; and in case of neglect
or refusal to comply with any Of the provisions
contained in this section, or to make and render
said list or return, as aforesaid for tho space Of
thirty days after the time when said list or return
ought to have been made, as aforesaid tho Assist
ant Assessors ofthe respective districts shall pro-
eeed to estimate the duties, as heretofore provided
in other eases of delinquency; and in case of neg
lect or refusal to pay the duties as aforesaid for
the space of thirty days after said duties become
due and payable, said owner, possessor, or person
or persons having the care or management of said
newspapers or publications. as aforesaid, shall
pay, in addition thereto penalty of u cent on
tne amount due; and, in case of fraud or evasion,
whereby the revenue is attempted to be deiraud-
ed, or the duty, withhold said owners possessors
or person or persons having tho care or manage
ment OF said newspapers or other publications. as
for each offense, or for any sum frauduently un-
accounted for and all provisions in this act in re-
lntlon TO liens, assessments, and collection not in
compatible herewith, shall apply to this section
and objects herein embraced: Provided, That in
all cases where the rate or price of advertising is
fixed by any law of the United States State or
Territory, it shall be lawful for the company per
son or persons, publishing said advertisements, to
add the duty or tax imposed by this act to the price
of said advertisements, any law as aforesaid TO
tnato rfli gla1
That the receipts for advertisements, to the amount
OF SlOOO, by any person persons, firm or com
pany, publishing any newspaper, magazine, re-
view, or other literary, scientific, or news publ
cation, issued periodically, shall be exempt from
duty: And provided further, That all newspapers
whose circulation does not exceed 1000 copies
shall be exempted from all taxes for advertise
ments. -.
Income Duty.
SEC. SO. And be it further enacted. That for
the purpose Of modifying and re-enacting as here
matter provided, 80 much of act, entitled ''An
actto provide increased revenue from imports to
pay interest on the public debt, and for other pur
poses,' approved 9TH of August, 1851, as relates
to an income tax. that is to say, sections 40 50--
except SO much thereof as relates to the selection
and depositaries-and 81, be, and the same are
hereby, repealed.
SIC. 90 And be it further enacted, That there
shall be levied, collected and paid annually, upon
the annual gains, profits or income of every per
son residing in the United States, whether derived
from any kind of property, rents, interest, divi
dends, salaries, or from any profession, trade en-
Ployment or vocation carried on in the United
states or elsewhere, or from any other source
whatever, exceptas hereinafter mentioned, if such
annual gains, profits, or income, exceed the sum
Of 5000 and do not exceed the sum of go 900 a
duty OF y cent on the amount of such annual
gains, profits or income, over and above the said
sum Of 1900; if said income exceeds the sum OF
$4,000, duty of n cent. upon the amount
thereof exceeding 1900; and upon the annua
gains, profits, or income, rents, and dividends &C
cruing upon any property, securities and stocks
owned in the United States by any citizen of the
United States residing abroad except as hereinaf-
ter mentioned, and not in the employment of the
government of the United States, there shall be
levied, collected, and pnid duty of per
centum.
SEC. 81. And be it further enacted, That in
estimating said annual gains profits or income,
all other national, State, and local taxes lawfully
assessed upon the property or other of in
come OF any person, as aforesaid, from which said
annual gains, profits, or income of the person or
persons who actually pay the same, whether own
er or tenant, and all gains profits, or income de-
rived from salaries of officers. payments to per-
sons IN the civil, military, naval or other service
OF the United States. including Senators and mem
bers of Congress, except above 5000, or derived
from interest or dividends on stock capital or
deposits in any bank trust company, or savings
institution, Insurance. gas, bridge, express, tcle
graph, steamboat, ferry boat, or railroad compa-
evidences Of Indebtedness of any railroad COM
pany or other corporation, which shall have been
assessed or paid by said banks, trust companies
saving institutions, insurance, gas, bridge, tele
graph, steamboat, ferry boat, express or railroad
companies, as aforesaid, or derived from adver-
tisements or any articles manufactured, upon
which specific stamp or ad valorem duties shall
have been directly assessed and pad shall also be
deducted; and the duty herein provided for shall
be assessed and collected upon the income for the
year ending the 3lst day of December ncxt pre-
ceding the time for levying and collecting said
duty, that is to say, on the LIST day of May, 1863
and in each year thereafter: Provided, That upon
such portion of said gains, profits or income
whether subject to duty as provided in this act
of 3 per centum or of per centum, which shall
be derived from interest upon notes, bonds, or
other securities of the United States there shall be
levied, collected, and paid duty not exceeding
and a of per centum, anything in this act to the
contrary Notwithstanding.
SEC. 92 And be it further enacted, That the
duties on incomes herein imposed shall be due
and payable on or before the Both day of June, in
the year 1868, and in each year thereafter until
and including the year 1866, and no longer; and
to any sum or sums annually due and unpaid for
80 days after the 30th of June, as aforesaid, and
for ten days after demand thereof by the colec-
tor, there shall be levied in addition thereto, the
sum of five per centum on the amount of duties
so unpaid as n penalty, except from the estates
of deceased and insOlyent persons; and if any
person or persons, or party liable to pay such
uuly sinai neglecL OF refuse 10 pay inc same the
amount due shall be a lien in favor of the United
States from the time it was so due until paid,
with the interest, penalties, and costs that may
accrue in addition thereto, upon all the property
and rights to property, stocks, securities, and
debts of every description from which the in
come upon which said duty is assessed or levied
shall have accrued or may or should accrue; and
in dehult of the payment of said duty for the
space of thirty days, after the same shall have
become due, and be demanded, as aforesaid said
lien may be enforced by distraint upon such pro-
perty, rights to property, stocks, securities and
evidences Of debt by whomsoever holden; and
for this purpose the Commissioner of Internal
Revenue, upon the certificate of the collector
that said duty is due and unpaid for the space OF
ten days after notice duly given of the lew OF
such duty, shall issue a warrant, in form and
manner to be prescribed by said Commissioner OF
Internal Revenue under the directions of the
Secretary of the Treasury, and by virtue of such
warrant there may be levied on such property
rights to property, stocks, securities and eviden-
ces of debt further sum- TO be fixed and stated
in such warrant, over and above the said annual
duty, interest," and penalty for non-payment, suf
fcent for the fees and expenses of such levy.
And in all cases of sale as aforesaid, the certii-
cate of such sale by the collector or deputy col
ector of the sale, shall give title to the purcha-
SER of all right, title, and interest of such delin
quent in and to such property, whether the pro-
perty be real or personal; and where the subject
of sale shall be stocks, the certificate of said sale
shall be lawful authority and notice to the pro-
per corporation, company, or association, to re
cord the same on their books or records, in the
same manner as if transferred or assigned by the
person or party holding the same, TO issue new
certificates of stock therefor in lieu of any origi-
nal or prior certificates, which shall be void,
whether cancelled or not; and said certificates of
sale of the collector or deputy collector, where
the subject of sale shall be securities or other ev
licences of debt, shall be good and valid receipts
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