Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1863-05-07

John Van Wagner, 22d.
Isaac II. Wells, 2lst.
HOSPITAL TWENTY-FIVE
Robert Potter, 21st.
HOSPITAL TwENTY-oNE
Ole Damness, K, 18th.
Fred. Hilker, D, oath, we'll and nurse,
HOSPITAL TWENTY.
S. R. Smith, &, oath, sent to Louisville.
Frank Kittridge, F, oath, do.
W. E. Deryin, Q. s. A, 10th, sent to Louisville.
Franklin D. Fowler, A, Oath.
MRS. J. S. COLT,
Cor. Sec'y. S. A. 8. of Milwaukee.
-
Regulations for the Assessment of the
Income Tax.
The following instructions have been
received by the assessor of this district,
relative to the Income Tax. Persons will
do we'll to read them carefully and be pre-
pared for the call of the assistant assessor
on the first of May next:
The assessor and assistant assessors of
each collection district will assess the in
come tax, as ON the first day of May next,
upon every person residing within the
district liable thereto.
Each person will be required to return
his total income, so far specifying the
sources from which it is derived as to
enable the assistant assessor to decide
what deductions shall be made therefrom.
Persons whose income does not exceed
the sum of ten thousand dollars, and who
reside in the United States, will be sub
.ject to duty of three per cent. on such
portion thereof as is liable to taxation:
Provided, housue9, That upon income
derived from interest upon notes, bonds, or
other securities of the United States, du.
ty of one half per cent. will be levied.
Persons whose income exceeds ten
thousand dollars will be subject to duty
of five per cent. on the portion thereof
subject to taxation: Procided, hoaceoer,
That upon income derived from interest
upon notes, bonds, or other securities of
the United States, duty of one and
half per cent. will be levied.
Citizens of the United States residing
abroad, and not in the employment of the
United States, will be subject to duty of
five per cent. on the income of any proper
ty, securities, or stocks owned in the
United States. and not exempted from the
income tax: Provided, howeuer, That upon
income derived from interest upon notes,
States, duty.of one and halt per cent.
will be levied.
Every farmer or planter will be requir-
ed to make return of the value of the pro-
duce of his farm or plantation, without
deduction for the labor or services of
himself and his family, or for any portion
OF such produce consumed by himself and
family.
The following deductions will be made
from the income of each person, and the
tax assessed upon the remainder, viz:
State and local taxes assessed in the
calendar year preceding this assessment,
to wit, from January l, 1862, to Decem-
Der 81, 1852, Inclusive.
Salarieseof officers, or payments to per-
sons in the service or employment of the
United States, from which deduction of
three per cent. has been made by the dis
bursting officers of the government.
Interest or dividends on stock, capital,
or deposits in any bank, trust company,
or savings institution, insurance, railroad
company or corporation, from which in.
terest or dividends duty of three per
cent shall have been deducted by the
officers of such companies, corporations,
or associations; interest from any bonds,
or other evidences of Indebtedness, of any
railroad company, or other corporation,
from which duty of three per cent shall
have been deducted by the officers of such
company or corporation; and receipts
| derived from advertisements on which q
| duty shall have been assessed and paid.
Also, the sum of six hundred dollars,
except in those cases where the whole or
any part of said six hundred dollars shall
have been deducted from the salaries or
pay of officers or persons in the service OF
the United States.
The amount actually paid for rent of
| any dwelling house or estate which is the
residence of the person assessed; and
The amount paid by any farmer or plan
| ter for hired labor and necessary repairs
| upon his farm or plantation, including the
| subsistence of the laborers.
Whenever the total income of any per-
son exceeds ten thousand dollars, and
| deductions are made therefrom, upon the
| ground that portion of such income has
| been subject to three per cent. duty
upon dividends or interest paid by COM
panies, corporations, or associations, as
| before enumerated, such person will be
subject to tax of two percent. addition
| al upon so much CT his income as may
have been previously subjected to q duty
| of three per cent. by the officers Of the
| companies, corporations, or associations
| before named.
Guardians and trustees, whether such
| trustees are so by virtue of their Office, as
| executors, administrators, or other fducia-
| ry capacity, are required to make return
of the income belonging to minors or other
| persons which may be held in trust, as
aforesaid; and the income tax will be
assessed upon the amount returned, after
| deducting such sums as are exempted from
the income tax, as aforesaid: Provided,
That the exemption of six hundred dollars,
under section 80, of the excise law, shall
not be allowed on account of any minor
or other beneficiary of a trust, except
upon statement,o of the guardian or trustee,
| made under oath, that the minor or bene-
| ficiary has no other income from which
the said amount of six hundred dollars
may be exempted and deducted.
Whenever persons liable to assessment
of income tax shall neglect or refuse to
make the lists required by law, or when
| the lists made and rendered by such per-
sons shall not be accepted by The assessor
or assistant assessor as just and proper, it
| shall be the duty of such assessor or assist
ant assessor to make lists for such persons
| according to the best information he can
obtain. Persons so assessed may make
oath or affirmation as to the amount OF
income and deductions therefrom agreea-
bly, to section 90.
Persons receiving rent may deduct