The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-06-16


the Goth of April, 1868:
It imposes tax of eight per cent. upon the value
of all naval stores, salt, wines and spirtuous
LIQUORS. tobacco manufactured or manufactured,
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
for the unexpired portion of the year
1868, 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 or ON deposit on the LIST or Jniy
next: and on the value of all credits on which the
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
cnrrent rate of exchange in Confederate Treasury
notes The tax to be assessed on the 1st day of
July and collected on the 1st day of October next
or as soon thereafter as may be possible:
Section 5th imposes the following taxes for the
wear ending the 3lst of December, 1868, and for
each year thereafter
Bankers shall pay $500. Auctioneers, retail
de alers pedars cattle brokers' apothe
carries, photographers, and confectioners, $50 and
% per centum the gross amount OF sales made
Wholesale dealers in Liquors 5000. and per
centum on gross amount Of sales. Retail dealers in
liquors. 800, and 10 per centum gross amount OF
sales Wholesale dealers in groceries. goods,
wares merchandise, ETC., 5000 and % per centum.
Pawn brokers' money and exchange brokers 5000.
500, and 81 per centum.
Hotels, inns, taverns and eating houses-frst
class, $780, second class $500; third class. $500;
fourth class, 800; fifth class, $50. Every house
where food refreshments are sold, 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 81 per centum.
Theatres $500 and 5 per centum on all receipts
Foc hcirc exhibition,
Jugglers and other persons exhibiting shows $50.
Bowling alleys and billiard rooms. $40 for each
alley or table registered. Livery stable keepers.
lawyers, ply scians, surgeons and dentists, $50.
Butchers and bakers, $50 and one per centum.
All persons engaged, Intending to engage, in
any business named in the 9th section, SHALL within
sixty days after the passage of the act, at the
time of beginning business, and on the 1st of Janu-
airy i'm each year thereafter register with the dis
trct collector true account OF the name and resi-
dence of each person, firm or 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 on the next 3lst of Decem
Der. and such other tax as 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 tax on such business,
and like sum for every thirty days of such failure.
Requires separate registry and tax for each
business mentioned in the 5h section, and for each
place of conducting the same; but tax for mere
storage of goods at place other than the registered
place of business. new registry required upon
every change in the place of conducting a regis
tered business, upon the death of any person con-
Quoting the same, upon the transfer of the bust
ness to another, but noadditonal tax.
Every person registered and taxed is required to
make returns of the gross amount of sales from the
passage of tho act to the Goth of June, and every
three months thereafter.
A tax upon all salaries except of persons in the
military or naval SERVICE of l per cent when not
$500, and two per cent upon excess
over that amount. Provided. that taxes shall be
imposed the salary of any person receiving a
salary not exceeding 81 200 per annum, or at a like
:ate 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
$4,000. five per cent the first 81 500 and ten
Der cent the excess; between $1,000 and s. OOO
EN- per cent; between $4,000 and 10000, 124 per
cent $4,000 fifteen per cent; subject to the
ollowing deductions: on incomes derived from
ents of real estate, manufacturing and mining
&c, sum sufficient for necessary
annual repairs; incomes from any mining or
business the rent f rented) cost of
abor actually hired, and material; on incomes
rom nav eating enterprises, the hire of the vessels
II allowance for wear and tear of the same, not ex-
,eeding ten per cent; on income derived from the
sale of merchandise or any other property the
prime cost cost of transportation salaries of clerks
md rent of building; on incomes from any other
,ccupaton the salaries of clerks rent, of labor
material, &c. and in case of mutual insurance COM
oanes the amount of loss paid by them during the
year. Incomes derived from other sources are sub
ect to no deduction whate YER.
All joint stock companies and corporations shall
pay one-tenth of the dividend and reserved fund
annually. If the annual earnings shall give
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, one-sxth. The tax TO
30 collected on the LIST of January next and of
each year thereafter.
A tax of ten per cent. all profits in 1862 bv
he purchase and sale of -four, corn, bacon pork.
pats, hay. rice, salt, iron the manufactures of
ron. 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 potatoes one
hundred bushels corn, fifty bushels wheat pro-
iuced this year. shall pay and deliver to the Con
ederate Government one-tenth of the grain, pota
oes, forage, sugar, moasses, cotton, wool and
obacco produced After reserving twenty bushels
oeas or beans he shall deliver one tenth thereof
Every farmer planter grazier, one tenth of
he hogs slaughtered by him, in cured bacon at the
ate of 90 pounds of bacon to 100 pounds of pork
me per cent upon the value of all neat cattle
horses. mules not used in cultivation, and asses to
De paid by the owners Of the same beeyes sold to
De taxed as income,
trustees, guardians, &c. are responsible for
taxes due from estates, &c. under their control
All hospitals, insane, deaf, and charitable asy-
ums' churches, schools and colleges are exempt
from taxation.
H.