The Abingdon Virginian. [volume] (Abingdon [Va.]) 1849-1883, 1863-04-24
Terms of Advertising.
The Virginia Tax Bill.

and 5000 for announcing candidates.
The Virginia Tax Bill.
We have before us a copy of the Tax Bill
adopted by the Legislature of Virginia, which
recently terminated it's session in Richmond.
The chief provisions of the bill are as fol
lows.
On tracts of land and lots belonging to any
person, firm, company or corporation, with the
improvements thereon, not exempt from taxa
ton, one per centum on the assessed value
thereof
On all personal property, moneys, and sol.
vent credits, including all capital, personal
property, and moneys Of Incorporated joint
stock companies, and all capital invested In
any manufacturing trade or other business,
one percent. on the assessed value thereof.
On every male free negro, who has attained
the age Of twentyone years, two dollars; on
every white male inhabitant who has attained
the age Of twenty-one years, not exempt from
taxation by order Of the Court IN consequence
of bodily infirmity, two dollars.
On the interest Of profit which may have
accrued and is solvent, or which may have
been received by any person, or converted IN
TO principal SO as to become an interest bear
ing subject, or'otherwise appropriated within
the year nezt preceding the first day of Feb
ruary of each year, arising from bonds, int
rest bearing Ereesury notes or other ceftlhca-
ties of debt sof the Confederate States, or of
this or any other State or country or any cor
.poration created by this or any other State,
whether the stock of such company be ex-
empt from taxation or not, seventeen per
cent.
On the DIVIDENDS declared by any bank in
corporated by this State, the tax shall be Sc
venteen per cent. 'upon the amount thereof, to
be paid into the treasury by the bank. 1t the
dividend be that Of bank Incorporated else
where, the tax shall be seventeen per cent. on
she amount thereof, to be assessed and collect
ed as other taxes.
On the income; salary, compensation or fees
received during the year ending the first day
of February of eaca year, in consideration OF
the discharge of any Office or employment in
che service uf the State, or in consideration of
the discharge Of any Office or employment in
the service Of any corporation, Company, firm
or person, two and half per cent. upon so
mach thereof as exceeds five hundred dollars.
g On all profits frem buying and selling, or
from the exchange of real and personal pro-
ten ner cent. upon SO much as exceeds three
thousand dollars.
On the yearly rent of annual value Of toll
bridges and ferries, other than those toll
bridges and ferries exempt by their character
from taxation, seventeen per cent.
On the estate of decedent which passes,
under his will or by descent, to any other per.
son, there shall be tax OF three per cent. OF
such estate.
On all estates which, by the provisions. Oh
the sequestration act of the Confederate Con-
press, may legally pass, otherwise than by
purchase, to any person. there shall be a tax
Of 8 per cent. on the value thereof.
On every passenger transported ON any rail.
road or canal in this State, for and on behalf
of this State or of the Confederate States, one
and a half mills for every mile of transporta-
ton and all freight 50 transported, three
fourths of one per cent. of the gross amount
received by the company controlling such rail-