The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-05-19
THE CoNFEDERATE TAx-B1LL.


the goth of April, 1868:
It imposes tax of eight per cent. upon the value
IF all naval stores, salt, wines and spirItuous
liouors tobacco manufactured unmanufactured,
cotton wool -four, sugar. molasses. syrup rlce' anu
9th or agricultural products, held or owned on the
first DAY of July next, and not necessary for family
consumption for the unexpired portion of the year
1863 and of the growth or production Of any year
preceding the year 1868; and tax OF one per
cent. upon all moneys. bank notes or other cur
rency, on hand deposit the lst OF July
next: and on the value of all credits on which me
interest has not been paid and not employed IN
business the income derived from which is taxed
under the provisions of this act provided that all
moneys owned held or deposited beyond the limits
of the Confederate States shall be valued at the
current rate of exchange in Confederate treasury
notes The tax to he assessed on the 1st day OF
july and collected on the LIST day of October next,
or as soon thereafter may be possible.
Section 5th imposes the following taxes for the
year ending the 3lst of December, 1868, and tor
each year thereafter:
Bankers shall pay $500. Auctioneers retail
dealers, tobacconsts pedars, cattle brokers' apohe
carries photographers. and confectioners, SOU ana
p per centum the gross amount of sales made.
Wholesale dealers in liquors 5000. and per
centum gross amount of sales Retail dealers IN
liquors, 500 and 10 per centum on gross amount OF
sales Wholesale dealers in groceries, goods,
wares merchandise, ETC., 5000 and - per centum
| Pawn brokers. money and exchange brokers 5000
! Distiers, 5000 and 20 per centum. Brewers
SlOD, and - per centum.
Hotels, inns, taverns and eatlng-hnuses-hrst
class $500 second class, $500; third class, $780,
fourth class. 500; fifth class, $50. Every house
where food or refreshments sod and every
boarding house where there shall be six boarders
or more, shall be deemed to be an eating house
under this act
Commercial brokers or commission merchants
$500 and % per centum.
Theatres $500 and 5 per centum on all receipts.
Each circus, $780, and $40 for each exhibition
an1o tia exhibiting shows, S5tl
Bowling alleys and billiard rooms, $40 for each
alley table registered. Livery stable Keepers
lawyers, physicians, surgeons and dentists, $50.
Butchers and bakers, $50 and one per centum
All persons engaged, or intending to engage in
anv business named in the 5th section, SHALL within
sixty days after the passage OF the act, or at the
time of beginning business and on the st or JSnu-
airy in each year thereafter, register with the dis
trct collector a account OF the name and resi-
dence of each person, firm corporation engaged
or interested in the business. with statement of
the time for which, and the place and manner in
which the same is to be conducted, &c. At the
time of the registry there shall be paid the specific
for the year ending on the next 81 of Deem
Der, and such other tax as may be due upon sales
0 receipts in such business.
Any person failing to make such registry and
pay such tax shall, in addition to all other taxes
upon his business imposed by the act, pay double
| the amount of the specific tax such business,
and like sum for every thirty days OF such failure
Requires separate registry and tax for each
|
place of conducting the same; but no tax for mere
storage of goods at place other than the registered
place of business. A new registry required upon
every change i'll the place of conducting regis
tered business, upon the death of any person
Quoting the upon the transfer of the bust
| ness to another but no additional tax.
Every person registered and taxed is required to
make returns of the gross amount of sales from the
passage of the act to the Both of June and every
| three months thereafter
tax upon all salaries, except of persons in the
military naval service, of | per cent when not
exceeding $500 and two per cent upon excess
over that amount. Provided, that no taxes shall be
imposed on the salary of any person receiving a
salary not exceeding 1000 per annun, at a like
rate for another period of time longer shorter.
The tax annual incomes, between $500 and
S. 800, shall be five per cent between $500 and
! $4,000, five per cont on the first $500 and ten
per cent the excess between $4,000 and S., 600,
ten per cent; between $4,000 and 10000 -! per
cent $4,000 fifteen per cent; subject to the
| following deductions: on incomes derived from
rents of real estate, manufacturing and mining
| establishments, &c, sufficient for necessary
annual repairs; on incomes from any mining
manufacturing business the rent (if rencd) cost of
| labor actually hired, and material; incomes
from navigating enterprises, the hire of the vessels
or allowance for and tear of the same, ex-
ceeding ten per cent; on income derived from the
sale of merchandise or any other property. the
prime cost cost of transportation salaries of clerks
and rent of building on incomes from any other
occupation the salaries Of clerks rent of labor
material &C.; and in of mutual insurance COM
panies the amount of loss paid by them during the
year. Incomes derived from other sources ar sub
iect to deduction whatever.
All joint stock companies and corporations shall
pay one-tenth of the dividend and reserved fund
annually. If the annual earnings shall give a
profit of more than ten and less than twenty per
cent on capital stock. eighth to be paid; if
more than twenty per cent, one-s sixth. The tax to
be collected the lst of January next aud of
each year thereafter.
A tax of ten per cent all profits in 1862 bv
the purchase and sale of flour, corn, bacon, pork
oats, hay, rice, salt, iron the manufactures of
iron. sugar, molasses made Of cane, butter WOODEN
cloths, shoes, boots, blankets and cotton cloths
| This is not to apply to regular retail business.
Each farmer after reserying for his own use fifty
bushels sweet and fifty bushels Irish potatoes, one
| hundred bushels corn, fifty bushels wheat. pro-
duced this year, shall pay and deliver to the Con
| tederate Government e-tenth of the grain, pota
toes. forage, sugar, molasses, cotton, wool and
tobacco produced. After reserving twenty bushels
peas or beans he shall deliver one tenth thereof
| Every farmer. planter. or grazer one tenth OF
the hogs slaughtered by him, in cured bacon at the
rate of 90 pounds of bacon to 100 pounds of pork:
/ one per cent upon the value of all neat cattle,
horses. mules not used in cultivation, and asses to
be paid by the owners of the same beeves sold to
be taxed as income.
Trustees. guardians, &C., arc responsible fo1
taxes due from estates, &C. under their control.
All hospitals, insane, deaf, and charitable asy.
lnms, churches, schools and colleges are exempt
from taxation.
This act to be in force for two years from the ex
pra"n of the present year, unless sooner repealed
hNDI n