The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-07-14
THE CONFEDERATE TAx-BILL.

the goth of April, 1868:
1t imposes tax of eight per cent upon the value
of all naval stores, salt, wines and spirituous
liquors, tobacco manufactured or unmanufactured,
cotton WOOL -four, sugar. molasses. syrup, rice, and
other agricultural products, held or owned on the
first day of July next, and not necessary for family
consumption for the une8pired portion OF the year
1863, and of the growth or production OF any year
preceding the year 1861 and tax of one per
cent. upon all moneys, bank notes or other cur
rency, hand deposit on the LIST of July
next; and on the value of all credits on which the
interest has not been paid aud not employed in a
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 be assessed on the 1st day of
July, and collected on the lst day of October next
or as soon thereafter as may be possible
Section 5th imposes the following taxes for the
year ending the 3lst of December, 1868, and for
each year thereafter:
Bankers shall pay $500 Auctioneers, retail
de aers tobacconists pedars cattle brokers' apothe
carries photographers and confectioners, $50, and
% per centum the gross amount of sales made.
Wholesale dealers in liquors $500. and per
centum gross amount of sales. Retail dealers in
liquors, 500, and 10 per centum gross amount OF
sales. Wholesale dealers in groceries, goods,
wares, merchandise, ETC., $500, and 2! per centum.
Pawn brokers, money and exchange brokers' $500.
Distlers. $500 and 20 per oentum. Brewers,
| 500, and % per centum.
Hotels. inns, taverns and eating houses-frst
class $500; second class, $500; third class, 5000:
fourth class, 500; fifth class, $50. Every house
where food refreshments are solo, 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 commission merchants
| 5000 and % per centnnl.
| Theatres, $500 and per centum all receipts.
Each circus, 500, and $40 for each exhibition.
JuggIers and other persons exhibiting shows, $50.
! Bowling alleys and billiard rooms, $40 for each
alley or table registered Livery stable keepers,
! lawyers physicians, surgeons and dentists, $50.
| Butchers and bak ers, $50 aud one per centum.
| All persons engaged, or intending to engage in
any business named in the 9th section, shall, within
sixty days after the passage of the act. or at the
time of beginning business and on the lst of Janu-
airy in each year thereafter, register with The dis
tric collector true account Of the 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
tax for the year ending the next 3ls of Decem-
| Der, and such other tax may be due upon sales
or 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 fax on such business,
and like for every thirty days of such failure.
Requires a separate registry aud tax for each
business mentioned in the 5th section, and 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 in the place of conducting regis
tered business, upon the death of any person con-
Quoting the same, upon the transfer of the BUSH
ness to another, but no additional tax.
Every person registered and taxed is required to
make of the gross amount of sales from the
passage of the act to the 3Oth of June, and every
three months thereafter.
A tax upon all salaries except of persons in the
mill t,ru f I t,rbo,,
exceeding $500, and two per cent upon an excess
over that amount. Provided, that no taxes shall be
imposed on the salary of any person receiving a
salary not exceeding 81 900 per annum, or at a like
rate for another period of time. longer or shorter
The tax annual incomes, between $500 and
$500. shall be five per cent; between 81 500 and
$1,000. five per cent on the first 81 $50 and ten
per cent the excess; between $1,000 and S. O00
ten per cent; between $1,000 and 10000, I2d per
cent; $4,000 fifteen per cent; subject to the
following deductions: incomes derived from
rents of real estate, manufacturing and mining
establishments, &c, sufficient for necessary
annual repairs; incomes from any mining or
manufacturing business the rent f rented) cost of
labor actually hired, and material; on incomes
from navigating enterprises, the hire of the vessels
allowance for wear and tear of the same not 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 cost of labor
MATERIAL &C; ana III case or mutual insurance
panies the amount of loss paid by them during the
year. Incomes derived from other sources are sub
icct to no deduction whate YER.
All joint stock companies and corporations shall
pay tenth of the dividend and reserved fund
annually. If tire annual earnings shall give a
profit of more than ten and less than twenty per
cent on capital stock, one-eghth to be paid if
more than twenty per cent, sixth. The tax to
be collected on the 1st Of January next and of
each year thereafter.
A tax of ten per cent. all profits in 1862 by
the purchase and sale of -four, 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 reserving for his own use fifty
bushels sweet and fifty bushels Irish one
hundred bushels corn. or fifty bushels wheat BRO
duced this year, shall pay and deliver to the Con
federate Government one-tenth of the grain pota
toes, forage, sugar molasses, cotton, wool and
tobacco produced. After reservng twenty bushels
peas or beans he shall deliver one-tenth thereof
Every farmer. planter. grazier, 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 of the same. beeves sold to
be taxed as income.
Trustees, guardians. &c, are responsible for
taxes due from estates, &c, under their control
All hospitals insane, deaf, and charitable asv
lums, churches, schools and colleges are exemnt
from taxation.