The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-11-03
THE coNFEDEBArE TAx-B1LL.


the Goth of April, 1868:
It imposes tax of eightper cent upon the value
of all naval stores salt, wines and s21rltuons
liquors. tobacco manufactured or unmanufactured,
cotton wool. -four, sugar. moasses syrup flce and
other gricultural products. held or owned on the
first day of July next and not necessary for family
consumption for the unexpred portion OF the year
1868, and of the growth or production OF any year
preceding the year 1868; and a tax of one per
cent. upon all moneys. bank notes or other cur
renew on hand or on deposit on the 1st of July
next: and on the value of all credits on which the
interest has not been paid and not employed in
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 lst day of
July and collected the LIST day of October next,
or as soon thereafter as may be possible
Section 5th imposes the following taxes for the
year ending the 3lst of December, 1863, and for
each year thereafter:
de alers tobacconsts pedars, cattle brokers' apothe
carries photographers. and confectioners, $780, and
% per centum the gross amount of sales made.
Wholesale dealers in liquors 5000, and per
centum gross amount of sales. Retail dealers in
liquors, 800, and 10 per centum on gross amount OF
sales. Wholesale dealers in groceries, goods
wares, merchandise ETC., $500, and % per centum
Pawn brokers, money and exchange brokers 5000.
Distillers 5000 and 20 per centum Brewers.
800. and % per centum.
Hotels inns, taverns and eating houses-hrst
class, $500; second class, $780, third class, $500;
fourth class. 500; fifth class. $50. Every house
where food refreshments sold, and every
clearinghouse where there shall be six boarders
+ or more, shall be deemed to be an eating house
under this act
Commercial brokers commission merchants
5000 and d per centum.
Theatres, $500 and per centum on ali receipts
Each circus, 800, and so for each exhibition.
Jugglers and other persons 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. intending to engage, in
any business named in the 5th section SHALL within
sixty days after the passage OF the act, or at the
time of beginning business, and the LIST of Janu
airy in each year thereafter, register with the dis
trict collector true account Of the and resi-
dence of each person, firm corporation engaged
OF interested in the business with statement of
the time for which, and the place and manner in
which the same is to be conducted. &c. At the
time of the registry there shall be paid the specific
tax for the year ending the next 3lst of Decem-
ber and such other tax may be due upon 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 sum for every thirty days ofsuch failure:
Requires separate registry and tax for each
place of conducting the same; but no tax for mere
storage of goods at place other than the registered
place of business. 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 40 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.
tax upon all salaries. except of persons in the
military naval service, of per cent when not
exceeding $500, and two per cent upon excess
over that amount Provided, that no taxes shall be
imposed 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
81 500, shall be five per cent; between 81 500 and
$1,000. five per cent on the first ST 500 and ten
per cent the excess; between $4,000 and S.. 900,
ten per cent; between $4,000 and 10000, I24 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, q sufficient for necessary
annual repairs; incomes from any mining or
manufacturing business the rent (if rented) cost of
labor actually hired, and material: on incomes
from navigating enterprises the hire of the vessels
allowance for and tear of the same not ex-
ceedng 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
material. &c; and in of mutual insurance COM
panies the amount of loss paid by them during the
year Incomes derived from other sources are sub
ject to deduction whatever.
All joint stock companies and corporations shall
pay one-tenth of the dividend and reserved fund
annually. 1t the annual earnings shall give a
profit of more than ten and less than twenty per
cent capital stock one eighth to be paid: if
more than twenty per cent, one-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, moasses made of cane, butter WOODEN
cloths, shoes. boots, blankets and cotton cloths
This is not to apply to regular retail business.
Each farmer after reserving for his own,use fifty
bushels sweet and fifty bushels Irish potatoes one |
hundred bushels corn. fifty bushels wheat pro |
dnced this year, shall pay and deliver to the Con
toes. forage. sugar. molasses, cotton, wool and
tobacco produced. After reserving twenty bushels
peas or beans he shall deliver one 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 pounds of norL.
one per cent upon the value of all neat cattlo
horses. mules not used in cultivation and asses 70
be paid by the of the same beeves sold 70
be taxed as income.
Trustees, guardians, &C., responsible for
taxes due from estates, Sc, under their control,
All hospitals, insane, deaf, and charitable asv-
lums churches, schools and colleges are exen1nt
from taxation. p