The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-06-23
THE CoNFEDERATE TAx-B1LL.

the Goth of April 1863: /
Il imposes tax of eight per cent. upon the value
of all naval stores. salt, wines and sprItuous
liquors. tobacco manufactured or manufactured, |
cotton wool -four, sugar molasses syrup. rice, and
other horticultural products, held owned on the
first day of July next. and not necessary for fumiy
consumption for the unexpired portion of the year
1863, 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
rcncy, on hand deposit the lst OF Jnty !
next and on the value of all credits on which the |
interest has not been paid and not employed III !
business the income derived from which is taxed
under the provisions of this act provided, that all
moneys owned. held Tor deposited beyond the I'm It's
of the Confederate States shall be valued at the |
current rate of exchange in Confederate Treasury
notes The tax to be assessed :he 1st day OF
July, and collected the 1st day of October next,
or as soon thereafter may be possible.
Section 5th imposes the following taxes for the |
year ending the Dist of December, 1868, and for
each year thereafter: =,
Bankers shall pay $500. Auctioneers, retail |
de alers tobacconsts pedlars brokers' apothe
carries photographers, and confectioners, $50 and
"a per centum the gross amount OF sales made.
Wholesale dealers in liquors $500. and 3 per
centum gross amount of sales. Retail dealers ip
liquors, 500, and 10 per centum gross amount or
sules. Wholesale dealers in groceries, goods,
wares, merchandise, ETC., 5000 and - per centum
Pawn brokers, money and exchange brokers $500.
Distillers $500 and 20 per centum. Brewers,
500, and % per centum. /
Hotels inns, taverns and eating houses-frSt
class, $500; second class, $500; third class, 5000
fourth class, 500; fifth class $50. Every house
where food or refreshments sold. and every
boarding house where there shall be six boarders
more, shall be deemed to be an eating house
under this act
Commercial brokers or commission merchants
5000 and 81 per centum.
Theatres $500 and per cenum on all receipts.
Each circus, Sln0 and $40 for each exhibition.
Juggers and other persons exhibiting shows, $50.
Bowling alleys and billiard rooms, $40 for each
alley or table registered Livery stable Keepers
! lawyers, physicians. surgeons and dentists, sou.
! Butchers and bakers, $50 ard one per centum.
! All persons engaged or intending to engage, in
any business named in the 9Th sectlon SHALL within
sixty days after the passage of the act. or at the
time of beginning business and the LIST of Jana
airy each year thereafter, register with the dis
trict collector true account Of the name and resi-
dence of each person. firm corporation engaged
or interested in the business. with statement of
the time for which. and the place and in !
which the is to be conducted, &c. Al the |
time of the registry there shall be paid the specific
tax for the year ending the next 3lst of Deem
Der, and such other tax may be due upon sales |
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 such business |
and like for every thirty days of such failure
Requires separate registry and tax for each
business mentioned in the 5th section and for each
place Of conducting the same; but no tax for mere |
storage of goods place ether than the registered
place of business. registry required upon
every change in the place Of conducting a regis
tered business, upon the death of any person
Quoting the same or upon the transfer OF the bust
ness to another but additional
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 $780, and two per cent upon excess
over that amount. Provided. that no taxes shall be
imposed the salary of any person receiving q
salary not exceeding $1,000 per annum, or at a like
rate for another period of time. longer shorter.
The tax annual incomes between $500 and
$500. shall be five per cent; between $500 and
$4,000. five per cent on the first s. 500 and ten
per cent the excess; between $4,000 and So 900,
ten per cent between $4,000 and 10000 l24 per
cent over $4,000 fifteen per cent; subject to the
following deductions: on incomes derived from
rents of real estate, manufacturing and mining
establishments, &c, sum sufficient for necessary
annual repairs; on incomes from any mining or
manufacturing business the rent (if rented( cost of
labor actually hired and material; on incomes /
fromahavgating enterprises, he+hire of the vessels
allowance for and tear of the same, not ex-
ceeding ten per cent; on income derived from the
sale of merchandise or any other property. the
prime cost cost of transportation. salaries of clerks
aud rent of building; on incomes from any other
occupation the salaries of clerks rent cost 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 whate yer.
All joint stock companies and corporations shall
pay one-tenth of the dividend and reserved fund
annually. Ii the annual earnings shall give
profit of more than ten and less than twenty per
cent on capital stock, one-eighth to be paid: if
more than twenty per cent, one-sixth The tax 10
be collected the LIST of January next and of
each year thereafter H..
A tax of ten per cent all profits in 1862 bv
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
Each farmer after reservng for his own use fifty
bushels sweet and fifty bushels Irish potatoes one
hundred bushels corn, fifty bushels wheat pro-
duced this year, shall pay and deliver to the Con
fcderate Government one-tenth of the grain pota-
toes. forage, sugar, molasses, cotton, wool and
tobacco produced. After reserying twenty bushels
peas or beans he shall deliver tenth thereof.
Every farmer. planter. Or grazier, one-tenth of
the hogs slaughtered by him, in cured bacon at the
rate of 90 pounds of bacon to 100 mounds of pork:
one per scent upon the value of all neat cattle,
horses. mules not used i'll cultivation, and asses to
be paid by the owners of the same beeyes sold to
DO taxed as income.
Trustees, guardians, &C., are responsible for
taxes due from estates, &C.. under their control
All hospitals. insane, deaf, and charitable asy-
tums' churches, schools and colleges are exempt
from taxation.
This act to be in force for years from the ex-
pNdtDn OF the present aIod.