The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-08-04

that 1t is duly returned in the Tar District where
situated-he may make the return in person or by
agent, but he cannot make the return to any off,
Ger of another State.
Salaries Of Ministers Of the Gospel and Teach
ers are taxed under Sec. of the Tax Act if they
exceed 81 900, unless the minister is employed in
the military or naval service OF the Confederate
States, In which case his salary is exempt Any
person, other than those mentioned in the excep-
tions in Sec. 2, receiving two moro salaries
from different sources, amounting together 10 more
than 81, 900 per annun, though each salary may
be les, must return the sggregate aud pay tax
| thereon. s-s .|.'
Slapes.-The estimated value Of the annual
hire of all slaves, not engaged in the cultivation
of farms, or some other business, the profits of
which are taxed as income is also TO be taxed as
income And this includes all house and body
servants, whether ia town or the country, gard
ners, cooks, nurses, dc. If negroes be engaged
partly in household and partly in planting duties,
it will be proper to include the value Of partial
hire for household work.
Stocks and money credits sold by auctonccrs
are liable TO tax of onefourth Of ono per centum
on gross amount of sales. No tax upon sales OF
such stocks, &c, when disposed Of at private sale.
Sugars impressed in tho hands of commission
merchants, and the price thereof fixed by commits
sloners under the impressment laws, arc liable 10
tax Of q per centum on the sales thereof 10 tho
Government--such sales though under impress.
mcnt, being legal sales to the Government.
Where sue ars or other property Is seized by the
Government, the sale is not effected until the price
thereof is fixed by the appraisers and paid. II is
the paymeGt which consummates the sale.
To6dcco.-All tobacco, manufactured or un-
manufactured, grown prior to the year 1868 is
taxed pei ccntum, by see. lst Tax Act. The
manufacturer Of tobacco is not considered produ-
Ger in the contemplation of the law, and commits
sion merchants arc liable for the % per cont tax
upon sales Of tobacco for the manufacturer.
Valuation, Of Credits.-The value Of credits
means the principal and interest due to July lst,
added-that is, if the credits be solvent. Iftlfey
not solvent, the tax payer will be required TO
state under oath and they will be valued accord
ing to the best evidence the nature Of the case
will admit Of by the Assessor. All taxable sui
jccts, whether capital, property, income, OF any
thing else, must be assessed and valued according
to their value in Confederate notes. Ifthe holder
Of a credit refuses to endorse his willingness there
to receive Confederate notes in payment Of such
credit he thereby proves that he values il ut
higher rate, and, according to the provisions OF
Sec. "a, Assessment Act, in chat case il will be
the duty Of the Assessor to regard the credit as
representing so much silver or gold, and TO assess
it as he would silver or gold coin at its regular
market value on Let of July. If, however, the
holder will endorse upon such credit his willing
ness TO receive Confederate notes in payment, II
shall not be taxed at any higher rate than tho
amount it may represent in Confederate notes.
Wool, produced in 1868, is to be taxed in kind:
and the farmer is not privileged to commute by
paying tho estimated value thereof. Tho product
of wool produced any year prior to the year 1868,
pays tax Of per cent, ad Ualorem.