The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1862-08-06

quarterly, commencing heretofore mentioned, COZ
tanning The gross amoant of receipts a. Aforesaid anc
TIE amount Of duties Waich have accrued thereon .n
tne sAne 10 the assistant o. the respect
I've aistriots where such newspaper, magazine review
OF other literary or news pabeAion or may be pub
shed which Inst or return shall have annexed dec.r
10 the manner and form which may from time 70 ts
prescribed by the Commissioned Of Internal Revenue al
sne ovner possessor or person having the man
ASeeut cf such newspaper magazine, review O. other
publication aforesaid thai tie same il true ana cor
rect, and shah also quarterly aud at the finn,
mAkne SAID list or return pay 70 the collector dep
NY coecor q TIE district Aforesaid the full amount
of sad duties and IN Of neglect OF refusal 70 com
ply with any o. the provisions contained IN this section
Or 70 make anu render said list return Aforesaid
ior the space Of thirty days after the time when ssd st
or return ought &c have been made aforesaid the As
ssAnt assessor OF the respective districts shan
70 estimate the duties as heretofore provided in other
cases OF delinquency anu O. neglect or refusal
pay the duties a. aforesaid for the space OF thirty
after said duties become due and payable said owner
pssessor or person or persons having the care
aeement OF said newspapers publications. Aforesaid
shall pay IN addition thereto penalty of i've per
um on the amount due and in OF fraud or evasion
whereby the revenue Is attempted he defrauded or
sne uuy Withheld said owners possessors or
persons having the care management Of SAID newspa
Prs or other publications shall forfeit and
pay penalty OF nve hundred dollars for each onense or
Tor any sum franduently unacoounted for and All pro
visions In this ACT IN relation and col
lection, not Incompatible shall apply TO this SEC
ton, ana the OBJECTS herein embraced {rorded That in
All cases where the rate price advertising Is fixed
by any Law OF the United States State or Terr,torv n
snA De lawful i"r the company person persons pub
shng sAid advertisements, 10 aed the duty tax i'm
posed by this act 10 the price said advertisements
any Law as aforesaid to the notwithstanding
rorsded fsAer That the receipts for advertisements
TO the amount OF thousand dollars by any person or
persons, nTm, or company, publishing any newspaper
magazine review or other literary scientific or new,
paocAtion, issued periodically, shall be exempt from
duty AID prossted further That all newspapers whose
does not exceed two thousand copies shall be
exempted from all taxes for advertisements
INCOME Duty.
Sec 50. ARd be Il further enacted That for the pur
pose oi modifying and reenactng hereinafter proyi
ded 50 much Of An act, entitled IAN provide in
creased revenue from imports to pay interest on the
public debt and for other purposes approved fth Of
August eighteen hundred sixty one as relates TO
income TAX that 10 to say sections forty nine INV
except SO much thereof relates 10 the SELECTION sad
appointment Of depositaries-and nifty one be and she
Sec 90 And be futAer enacted That there shall be
levied, collected, and paid annually upon the annual
gains profits or income Of every person residing In the
United states whether derived from any kind VI
ery rents interest," dividends salaries or from any
profession trade employment vocation carried on In
the United states or elsewhere from any other
whatever except hereinafter mentioned such
gains pronts or income, exceed the Of
dollars and do not exceed the ten thousand dol
ars, duty OF three per centum the amount Of such
annual gains profits income above the a
sum Of six hundred dollars il said income exceeds the
sum OF Ten thousand dollars, duty of five per
and upon the annual gains, profits income and
dividends aceruing upon any property, securities and
stocks owned the United states by any citizen Of the
toned and Not IN the employ Of the Government
the United States there shall be levied collected and
paid duty OF hve per ceutum.
Sec 81 And be IL further enacted, That estimating
said annual gains, profile, or inccme whether sub
Jeet 10 a duty, as provided in this act, Of three
per centum, Of 1--WE per centum, all other national
state and local taxes lawfully assessed upon the prop
erty other of income Of person.
sad from which said annual gains profits or income
such person or should be derived shall be first deduct
ed from the gains, profits, income Of the person
persons who actually pay the same, whether owner OF
tenant, and ali gains profits income derived from
salaries of officers, ments persons in the
military, naval other service OF the United States
including Senators, Representatives and Dele
gates IN Congress, except above six hun
dred dollars, or derived from interest OF
dividends stock, capital, deposits in any bank
trust company, or savings instituton insurance. gas
BRIDGE express telegraph steamboat ferry boat
road company, corporation, any bonds othe
evidences of Indebtedness Of any railroad company
other corporation which shall have been assessed
paid by said banks trust companies institutions
Insurance. gas bridge telegraph ferry boa,
express or railroad companies aforesaid or derive
from sAvessise-.-ss srt~ieS Manufactured up
which specific, stamp al vaorem duties shall hav
been directly assessed paid sLa also be deducted
and the duty herein provided for shall assessed
upon the income for the ending the thirty
day Of December preceding the time for levy
ins OccIng said duty that ia to say ON IN. nrs
day OF May, eighteen hundred and sixty three and
each year thereafter: Provided That upon such porto
duty as provided in this act Of three per centum
five per centum, which shall be derived from interes
upon notes bonds, or other securities Of the Unite
states, there shall be levied collected and paid dus
not exceeding and half Of per centum any
thing IN this act to the contrary Notwithstanding
Sec. % And Be further enactei, That the duties
incomes herein imposed shall be due and payable On
before the thrtieth day Of June in the wear eghtse
hundred and sixty three and in year thereafter
I'll and including the year eighteen hundred and sixty
six, aud longer and any sum or sums annually d
l and unpaid of
Aforesaid and for ten days after demand thereof by
collector there shall be levied in addition thereto t
sum OF 1--we per centum ON the amount OF duties ur
paid rs penalty except from the estates Of decease
and nsolvent persons; and if any person persons
party liable 10 pay such duty shall neglect refuse
pay the same, the due shall be a lien Ia favor
the United States from the time due until pa
With the interest penalties ami costs that may
addition thereto upon all the property and rights
property stocks Securities and debts Of every
lion from which ,he income upon which sand duty Ii
sessed OF levied shall have accrued may should a
crue and in default of the payment o said duty for
space Of thirty days the shall have becou
due and be demanded as aforesaid said lien NAV be
forced BY distrAnt upon such property rights pro
erty stocks securities and evdenocs 0 debt by whor
soever hoden and for this purpose the Commissioner
Internal Revenue upon the cert cate Of the collector
deputy collector that said duty due and unpaid for
space OF ten days after notice duly given Of the levy
such duty, shall issue WARRANT, In form and
be prescribed by said Commissioner of Internal Revenu
under the directions Of the Secretary Of the Treasur
and by virtue of such arrant there may be levied
evidences OF debt further sum. to be xed and stat
in such warrant, and above the said annual dut
interest," and penalty for pay ment suecnt for q
fees and expenses Of such levy And in all cases of
aforesaid the certificate Of such sale by the collect
or deputy collector of the sale shall give title q
purchaser, OF all right title and interest Of such deli
quent in and to such property whether the property
real personal; and where the subject OF sale shall
stocks the certificate of said sale shall be lawful sutht
ity and notice 10 the proper corporation. company,
| association to record the same the books n
| n rod aigrl
by the person or party holding the same, 20 issue
certificates OF stock therefor in lieu of any original
prior certificates which shall be void whether cancel
aot and said certificates Of sale Of the collector
deputy collector where the subject of sale shall be
rites other evidences Of debt shall be good and
receip&Ato The person party holding the same
against any person persons other party holding,
claiming TO hold possession Of such securities or oil
: evidences Of debt.
Sec %. Aad Be Il further enacted That it shall be
duty Of all persons Of lawful age, and all guardians
once executors administrators other Aduciary
Pacty, to make return in the list or schedule, - pre-
ded in this act to the proper ocer OF internal reven
Of the amount Of his or her income, OF the income
such minors persons may be held In trmt afo
said according tn the requirements herenbeofe stat
and In Of neglect refusal make such return
assistant assessor sha. Assess the amount
bis or her income and proceed thereafter % collect
duty thereon in the same manner as is provided for
other Of neglect and refusal lists sch
ules In the general provisions Of this act where not
- erwDe Incompatible, and the assistant assessor may
crease the ofthe list Of any party
. king such be shall be satisfied that the
- understated P-vridcd, That any party, m his
" own behalf or guardian or trustee ae asoresad
u be permitted 10 declare, under oath afrmatioe
p form and manner Of which shall be prescribed by
!. Coomiseioner Of Internal Revenue that he or abe
= net possessed Of Income Of six hundred dollars,
bic be Assessed according 70 the provisions o this
:. or that he she has been assessed elsewhere and
VI same year for income duty under authority u
United States, and shall tbereupon be exempt frcn
- q