The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-09-15
THE CoNFEDERATE TAx-BILI..


which was passed by the Confederate Congress on
the Goth of April, 1868:
It imposes tax of eight per cent upon the value
of oil naval stores salt, wines and splrituous
liquors tobacco manufactured or unmanufactured,
cotton WOOL -four, sugar. moasses. syrup, rice, and
other agricultural products. held or owned on the'
first day of July next and not necessary for family
consum ption for the unexpred 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 i of July
next: and on the value of all credits on which the
interest has not been paid and 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 the 1st day of October next,
or as soon thereafter as may be possible
Section 9TH imposes the following taxes for the
year ending the 81 st Of December, 1868, and for
each year thereafter
Bankers shall pay $500. Auctioneers, retail
de alers tobacconists pedars brokers' apothe
carries, photographers and confectloners' S5o, and
% per centum on the gross amount OF sales made.
Wholesale dealers in liquors $500, and per
centum on 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.
Distillers $500 and 20 per centum. Brewers,
/ 800, and % per centum.
Hotels, inns, taverns and eating houses-frst
class, $500; second class, $500; third class, $500;
fourth class, 800; fifth class, $50. Every house
where food or refreshments 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 or commission merchants
5000 and % per centum.
Theatres, $500 and per centum on all receipts.
Each circus, 500, and SO for each. exhibition.
Jugglers and other perso exhibiting shows $50
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
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 LIST Of Janu
airy in 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 a statement of
the time for which, and the place and manner in
which the same is to be condudeed, &c. At the
time of the registry there shall be paid thespecfc
tax for the year ending on the next 3lst,of Deem
ber and such other tax may be due pom 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 for every thirty days Of such ailare.
Requires separate registry and tax for each
business mentioned in the 9Th 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
Quoting the same, 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.
A tax upon all salaries, except of persons in the
military naval service, of l per cent when not
exceeding 81 ,5OO, and two per cent upon excess
over that amount. Provided, that taxes shall be
imposed on the salary of any person receiving
salary not exceeding 81 900 per annum or at like
rate for another period of time, longer or shorter
The tax on annual incomes, between $500 and
81 800 shall be five per cent; between ST. 800 and
So, 0UO five per cent on the first s. 500 and ten
per cent on the excess; between $4,000 and S. 1000,
ten per cent; between $4,000 and 10000, I24 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 (if rented cost of
labor actually hired, and raw material; incomes
from nav eating enterprises, the hire of the vessels
allowance for wear and tear of the same, not
ceeding ten per cent; on Income derived from the
sale of merchandise any other property, the
prime cost cost of transportation salaries of clerks
and rent of buildings; incomes from any other
occupation the salaries of clerks rent, Of labor
material &C.; and in case of mutual insurance COM
panies the amount of loss paid by them during the
year. Incomes derived from other sources are sub
iect to no deduction whatever
All joint stock companies aud 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 sixth. The tax to
be collected on the 1st of January next and of
each year thereafter.
A tax of ten per cent. on all profits in 1862 by
the purchase and sale of -four, corn, bacon, pork,
oats, hay. rice, salt, iron or 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. 81
Each farmer after reserying for his own use fifty
bushels sweet and fifty bushels Irish potatoes one
hundred bushels corn fifty bushels wheat pro-
dueed this year, shall pay and deliver to the Con-
federate Government tenth of the grain pota-
toes. forage, sugar. molasses, cotton, wool and
tobacco produced. After reservng twenty bushels
peas bealis he shall deliver one tenth thereof
Every farmer, planter, or grazier, one-tenth of,
the hogs slaughtered by him, in cured bacon at the
one per cent upon the value of all neat cattle
be paid by the owners of the same. beeves sold to
be taxed as income.
Trustees, guardians, &C.. responsible for
All hospitals, insane, deaf, and charitable asv-
iums, churches. schools and colleges are EXEMPT
from taxation.
This act to be in force for two wears from, tLa ~