Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-06-17
Assessors Notice.
Wheeling, June16l 1855.


Il Virginia, would give notice that the Assistant
Assessors of this District will proceed Immediately to
assess the Income Tax for the year 1868, the said
tax to be based on thsincome of 1852. The follow
ing de- isOns in relation to the of the In
come Tax have been Issued by:the Commissioner Of
Each person will he required to return his total
INCOME 70 far specifying the sources from which IL
is derived as TO ehAbIsl ssisIant Assessor to
decide what dedpctions shall be "a 4ds tharefrom.
The income tax must be assessed and paid i'll the
district In which the assssseH person resides The
place where person votes entitled to VOTE is
deemed his residence. When NOT ~ voter, the place
wheEe tax on personal is paid is held to be
In cases Of limited partnerships, formed with the
condition that no dividend division of profits shall
be made until the expiration OF the each
ember of such firm will be required to return his
share Of profits arising from such business for the
year 1862, as, had they desired division Of the
profits could have been made. g -
Gains or profits realized from the sale of property
during the year 1852 which property purchased
before the Excise Law went into effect, should be re-
turned as income for the year 1862.
The executors or administrators of the estates of
persons who died in the year 1862 should make re-.
turn OF the income thereof for the year 1852. =
merchapts return of income should cover the
business of the year 1862, excluding previous years
uncollected accounts must be estimated.
PhysiciRns and lawyers should include actual re-
cepts for services rendered in 1852 together with an
that year. 95F1 \
declared. f.f''i
Dividends from gas stock are taxable as in
Income derived from coal mines must be returned.
although tax has been previously paid on the coal
produced. No deduction can be made because OF the
Diminished value actual supposed ofthe vein
or bed, by the process of mining Rent derived from
coal mines Is income.
Premiums paid for life insurance shall not be al
lowed IS a deduction in statement of income. -
Pensions received from the United States Govern
taxation. u. F.. ..-.s - n
Old debts, formerly considered hopelessly lost but
paid within the me covered by the return of in
come, ihouid be includuedin this statement.
Debts considered hopeiessly on the 31st of De-
cember, 1869, and due to the business Of the year
1862 may be deducted from the profits of business
if subsequently, paid, they must he included in the
return for the year IN Nshieii paid.
In order to give full u the pHoYiso to the Of
section Of the act Of July lst 1867 respecting me
tax on that portion OF income derived from Initial
States aecures 1t Is directed that when income Is
| derived partly from these and partly from other
sources, the 5000 aud other allowances made BY law
shalbe deducted, rs far possible, from that nor.
ton efincome derived from other sources and s1Ib
| isct to three per cent. tax.
No deduction can be allowed from the taxable in.
come OF merchant for compensation paid for the
i services OF a minor son. r=.LE,-as. IL .al e
| farmer, when making return ofthe total amount
Of his farm produce" shall be allowed to deduct
therefrom the subsistence OF horses mules oxen and
cattle used exclusively In the carrying on Of said
farm. The term farm producer is construed to in
clude all productiOnsof farm of what nature or
kind soeYer. IE 4Is- IL = 80 "
| The account Of stock sold by a farmer since De.
cember 3lst 1852 should not be included in the pre-,
bSuI dS5oSSuenG prOht realized
be accounted for in his DextEyear's return. Where
he has Included in his return produce raised by him.
and led In whole or part to stock subsequently sold
ne must account for the gain realized by the
and selling Of said stock Where he has not ineInd
ed the produce SO fed he must return as profits the
difference between the value said stsck On the
! OF December, 1861, and the amount realized for
them. iEIIi EaF7- AOA
Fertilizers purchased by farmers to maintain their
Iand IN preseut productive condition will bs consd.
cred as REPAIRS" 10 estimating income
Interest should be considered as income only when
paid unless it is cOectabls and remains unpaid nv
the consent or agreement ofthe creditor
Losses incurred in the prosecution OF business are
iair onset to gains derived from business but not
from those portions ofineome derived from fixed in
xesttnents such as bonds mortgages, rents and the
Property used in business and furnishfnp pro6tss
when destroyed by fire, may be restored a the AZ.
pense OF those Profits to the condition when destrov
ed insured, the difference between insurance re-
eeiVed and amount expended In restoration will be
allowed. ra 80 " ~
The increased value given a new building by per.
ni ma improvements will be charged to capital
The contingent fund of manufacturing corDora.
TONS made up during the year 1862, and not dstrib.
nted should not be returned part of the income Of
the stockholders. sla u y
The undfstributed earnings of corporation. made
previous to September lst, 1862 whether The co+Io
ration is required pay tax on dIyfdends or not
should not be considered the income Of the Etoc
holders nor should the corporation be required to
make return Of said reserved earnings as Trustees
under section 90 OF the Excise Law. 1T.
The income of literary scientific or other charita-
not subject to income tax. ~ =
When person boards, aud. rents a room or rooms
Sns rent taeteo IN lieu Of fsnt of house. ahOud be
deducted from the ameunt pfincome snbjSct to tax
alton. itsi 's'if - 80
Losses sustained in business since December slvt
1895 l NOT enter into the income assessment for
Interest on borrowed capital uRed in business NAV
be deducted from income. t 't1'
II planter returns all This farm protiuets n, ,,I
pc allowed % deduct the actual expense OF SubSSt-
Ing and clothing his slaves.
Legatees not required to return their l.0acis.
as income There is special tax leRReies Of per.
sonal property in section III. -.
The income tax is assessed upon the actual fnoona
OF iHdtUIdItGlE Firms, Is such, will not make n.
turnA = = - - '.s ~ -
3he profits ofa manufacturer from his businOsv ara
not exempt from income tax, in consequences of M
having paid the excise tax Imposed M law I,nnS a.
tieles manufactured by him. f5ui5G + =
As bridge, express Telegraph, steam and furFyboak
companies or corporations not authorized IN M,
TO withhold and pay to Government any tax utjop IN
tsIest paid, dividend declared by them All ncom
OF individuals derived from these sources d liable 10
The tax must be levied on all dividends ssrl.rna
prior 70 September1st, 1862 and upon ali salAFis- 81
naval other service of the United states G,F sy
vices rendered prior 70 said date as such iyftSer
and salaries Eere not subject 70 deae
tion or assessment, '-s
All persons negiectfng OF refusing to make return
Of income, except in case Of Sickness are brought
within the penalties prescribed by the lith sSCt9
Of the act Of July 1st 1861 viz: an addition of "a ~
cent. to the amount ascertaned by the ARsiStant ~
season. upon such can obtain and (
penalty Of $780, to Tor the United
with costs OF suit.
Blank forms win Se let by the Assistant As,s,.
sor8 on which to make the returns on the OUTSIDE
which ts convenient detailed statement Of EourcS
of income, Those returns must be made 10 IRE a
sistant Assessors within ten days from the time tbey
are,lett. JOHN PARKINSON,
Assessor lst Col Dist Of Va
Cameron, June 10Th, 1853 junI2 IWd<T
IWellsburE Herald, Rairmont National and lEiddls-
bourne PlAindealer copy times aud nd BIN toIoh1
Parkinsol, Assessor, af oaaueFon.l =