Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1863-04-24
The Assessnen, of the Income Tar.
Particulars CT The Law.

PARTICULARS CT Taz Law.
The Commissioner of Internal RSTenuo has
jcst issued the following regulations for the
the assessment Of income tsx
Tie assessor and sssis.sat ssssssors Of eSeA col
leci 4 district VII ssssss tie lacors tax On the
Els, day Of Mag nsxt, upon every person residing
within Ito district liable thereto. Each person
viii b rs4uired 70 return lis to.s, inSole, 50
Ear sp4cifyinE the sources from which it 4 deEi7-
81 ss % g. ible tAs assistant assessor 10 dv;i1a
wha; deductions shall be ns1e thersfrn.
Perzons whose inoo3s does not exceed the SUN
Of 81 900 sad who resids n the United States,
viii be subject to duty Of : p,r cent. On such
portion thereof ss Is liable 20 taxation, provided,
however, that upon the income derived from IL
terest upon notes, bonds, o. ether securitie7 Of
the United States duty Of IL per cent. VI!
be levill
Persons Ehuse income ezce-is 81 ,GJ0 viii be
subject TO q duty Of Per cent. on the PORTION
thereof subject 70 taxation. provided, however,
that upon lhe income derived from interest upon
notes, bonds or other securitiss Of the United
States, G. duty of l-2 per cent. viii be leyisd.
CITIZENS Of the United Ststes residing sorosd,
and not in the employment Of the Governmt NJ
Of the United States, will be subject 70 a duty OF
. per cent. on the income Of any property, secu-
rites or st0cks owned in the United States snd
not exempted from the income tax, provided,
that upon the income derived from the interest
upon notes bonds or other securities Of the Uni
tel States duty Of - per cent will be levied.
Every farmer Or plsntcr will be required %
make q return o. the value Of the produce o' his
farm or plantsti0n without deduction for the
labor OF services Of himself or his family, or for
any portion Of such produce consumed By him
sell or family.
The following deductioas will be made from
= -
assessed upon the remainder. Viz: state snd
local taxes assessed il TIE calsndIr year pre-
ceiling this assessment. 70 VII: from Jsnuary ist,
1862 t1 December 3lst. 1852 inclusive.
S,ilrics Of officers OF payments 20 persons IN
the service or employnert Of the urT'@d States,
from which e ded1 .to- o. ttrcs - c@nt has
been made q TIE sbursins oihcer q tho gov
e.Imeut: in-srst OR divi1ents cf stock. capital
or der-1sits ir sny hank, trust c1n pany or sev-
ilrs institution. Insurance, bridge. express.
stesm5ost. terry y-cost. ra.-ro11 c, npany or cJr-
u5r4ti0n, from which interest OF diyIdeuds 1uiy
O. tine. Per cent shall have beeLd ducted by the
olfcers o. such conparits. Ipor-tion or associ-
.t,as. interest from any bonds u other evidences
O. ille1tslu. Is Of Any raiirosd compary or OH
cr clrr1rz-icn t-11, which duty @. Q per o1nt
shall have assl deducted by the officers Of such
u1mpslv -r corporation. snd recsip.s otryt1
fin ~, er-iss1eats on hich duty shall have
been assessed snl psid. also the san O: si1
huld--l dollars, except y those cases vhsrs q .
whole c. any part q sl-d SIX hcndred dollars
slsl have been dsiuctsd fron the sal-ries cr
Pay oi officers Or Psrs9ns IN ths ssrvice or en-
slow e.: of the United States.
Il1 sn1lnt sctusllT pad f1T he TN, o. svery
i-el NJ house W estate which g Ire 10 dtnce Of
the r4r=5Ls Ess.tsed. sid the amount paid oy say
farmer OF planter for Ai-=l lzdor and uscesssTJ
repairs up-n h.s farm Or P.,ntsion, inclu1ins
tcs suls steucs Of tie iASoreTs-
81 as-eyeE ihs totsl iEco-ls q say person az
-ssfs $1,000, sl5 5sl=-t41zs sTe E-sds there
fuu uPoa tAs ground ;-st p-s. OF q F.oh In
cone IS 1ee1 slc.5 ct % g : pr ce-. duty upon
.,i leads O. iL--rcr- pil- og companies, c'rP0T-
s..g1s cr sss5cistious IS t<f1re enumerated. such
rsrslls vi.. - sl5lsct 10 tsz Of = Per cent ID
l-.1ull upon - -l-cl O. Is l1cor-e - rasy have
teen pTcvio-s.y subjected u duty u : per cent
By the cheers Of the eo.npsl.ez. e9rp o-s'loEs or
associations before named.
Gcarlisns and trustees. whether such trustees
sre 60 t7 virtue q! their o.sss IS executors. s3-
u.u.stra.ors Or other judiciary capacity, are re-
CURED 10 uzke = rei1rn q the mems heloagins
o. minors OF other pSrEons which msy % hsld N
trus. e. sslrs said. snd tie ilSous tsx vii =
aE.essti upon the sm0un, r-turned, sfter deduct
ia- s-.l srss Sc sre exempted from the income
~ So aforesaid. provided that the exemption O.;
$500, under ssct,-n ninety Of tie excise !av,
sLa, r1t le SLOWED 10 sccuuut Of sly minor or
other t,acfl.sry o. trust, s1csp; upon the
settlement ri tls gusri.sn or trustee made under
.elr .rs- tls minor or hsze6ci1ry hss 10 other
insane from which said amount q $500 msy Be
exempted and jeiuctel.
Whenever persons liable O. sss -ssrelt 90. income
tx slsU neglect o. refuse TO make the lists rc-
4u.rei iy law. or vhen the lists Dsfe ard
rendered iT such persons shall not be accepted
lT OIL, ssscssor or assistsn, ss1e-5cr5 ss Just
arl rrorer. 1t slsu be the duty Of such ASSESSOR
o- assistant sssess0r % usEe lsts for such per-
-1ls according % the hest information be cSn
obtain Persons so sssesscd usT take oath or
affirmation ss % che smoUnt Of income sul de-
luldo- ,hercfrom Agreeable to section g.
pcrsg-s receiving ren. uay deduct theretrom
ttg s1ouut paid for necessary rspsIrs. Insurance.
sud interest on membranes upon such rented
property The cost Of new structures or in
prl5euents 70 tie builiiugs shall uo, Re deduct
al from the income
Tie tax musi be levied upon AZ dividends de-
clsrei prior 10 September lst. 1852, aud upon
$500 Of al salaries Of of6cers. or payments 10
usrs5as iu the civil military, naval Or other
.erv;cs OF tho United ststes for services
rendered prior to the sud date ss such
dividends sad proportions q salaries were not
suhec, 20 DEDUCTION Or assessment
Interest received from or due b. trust Sonpa-
nice. savings institutions. insurance, bridge. eK-
pre.s. steamboat, ferry-host and railroad CON-
nsniss. corporations or associations prior 70 the
ssue date, must aiso BE taxed.
Iuter, st paid by him on ineunlbrsnces upon
the dwelling house or estate in which the ssses-
sci person resides may be deducted from income
Also his payments for neoess i-y repairs.
Farm produ,e which the produser h2d on
hand on the 5lst Of December, 1882, must be
srpraissi st its marketable value On thst dsy.
The income tax shall be included n the An
uual LIST. snd sppesls snt other prcsssiings
held 20 provided hy Law.