Smyrna times., 1863-07-02
u. S. Internal Revenue.

ANNUAL ASSESSMENT FOR 1868,
AssEssoRs OFFICE, WnMINaToN.( |
May l9, 1861
ali tax payers within the District of Delaware are
hereby notified 10 make returns of the annual assess
men OF 1868, 10 the Assistant Assessors of the Divis
ions IN which they respectively reside.
OfIhe amount Of Silver and Gold Plate kept for use;
OF Carriages kept for for hire end their value;
OF Billiard Tables kept for use or for hire;
OF Yachts or Pleasure Vessels aad their value
The last Assessment the above classes OF proper
ty, was made for The year 1862 The assessment now
10 be made is for 1868.
H-Liceases-All persoRs engaged in any kind OF
business for which they liable TO pay license are
required 10 apply for license from May !, 1868
Holders Of licenses will be allowed for any time
which they may have yet to return before expiration
Ill -IHcOWe-ToTAL INCOME TO DE RETURNkD-
Each person will be required TO return his total IN
come from January l. To December 81. 1862 inclusive
so far specifying the from which IL is derived
enable the assistant assessOr ~ decide Whal de-
ductOns shall be made iherefTOn.
All Income. from phdeusr received. prior to
September l. 1862 is taxable, dvidenis were not
subject TO ded uctons before that date Interest re
ceived from due by trust companies savings Ins
tutiOns. insurance and railroad companies corpora
tons or associations prior TO the same daIe also
taxable.
Profits Of business including the profits Of manuac-
tuTers also to be taxed The exemption OF profits
on manufactures, contained in the original statute
moved by the amendatory act of March 5. lotS
The income tax is TO be levied upon oil persons IN
the District in which they reside consequently per
in this district deriving profits or income from IN
vesiments or business outside OF the DISTRICT musI
make return Of The same here. Business firms musl
make such estimate Of their gans tor the wear 1907
as will enable each member 10 return his snare 10 1he
assistant assessor.
Guardians and trustees, whether such trustees are
so by virtue Of ihejr office executors. administrator
or other fducary capacity, are required 90 make re
of the income belonging TO minors, or other per
sons iwhich may be held IN trust aforesaid and sh
income tax will be assessed upon the amount feiurn
ed. alter deducting such sums A& are exempted iron
the incone tax aforesaid; PrOUided that the Ell
emption of six hundred dollars, under Section 9O
Excise Law. shall not be allowed on account OF an!
other beneficiary Of trust, except upon III
statement the guardian or trustee made under oatf
that the minor or beneficiary has no other income iFOI
which the said amount may be exempted and deducted
Farmers will be required to make return OF the va
ue Of the produce OF his farm plantation. wlthOu
deduction for the abtr services Of himself OF lam
ly or for any portion Of such produce consumed b
himself and family.
Farm produce which the producer has on hand o
the 3lst day Of December. 1862 must be appraised
its market value on that day.
Persons receiving salaries must return the ~
amount OF the same.
TIE following deductions will be allowed:
Taxes fOr 1862. and the amount actually paid 4
rent OF any dwelling house estate which s the re
ldence Of the person assessed-Persons receiving re
mHy deduct iherefrOm the amount paid Tor necessa
repairs. insurance and interest on ncumbrsnces uP
=, such rented property. The cost Of new structures
improvements to buildings. shall not be deducted fro
income.
hr Interest paid by any person on membranes up
oi the dwelling house or estate which he reside
also his payment for necessary repairs.
oy The amount paid by any farmer for hired labor
necessary repairs upon his farm Including the subs
hg tence of labOrers
en- Also the sum Of sIx hundred dollars.
All persons negeoting or refusing 10 make Tetu
al of any property business which may be liable
sk license. for ten days after notified TO do so
US assistant assessor liable TO be assessed by
VI according the best information he obtain.
H. he required By law to add fifty per centum to
rs' amount Of such assessment. Such persons also
sl come liable 20 the fines and penalties prescribed
. law.
Lhe Ratnrns nnu ha,naLa fn either Of the following