The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-09-22
THE coNFEDERATE TAx-BILL.

the 20th of April, 1863
1t imposes tax of eight per cent. upon the value
of all naval stores, salt, wines and spirituous
liquors, tobacco manufactured or manufactured.
cotton wool -four, sugar, molasses. syrup. rice and
other agricultural products held or owned on the
first dav of July next and not necessary for family
consumption for the unexpired portion of the year
1853, 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
rency, on hand or deposit OF the lst of July
next: and the value of all credits on which the
interest has not been paid and not employed in a
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 1st day of
July, and collected the 1st day of October next,
or as soon thereafter as may be possible
Section 5th imposes the following taxes for the
wear ending the 3Ist OF December, 1908, and for
each year thereafter:
Bankers shall pay $500. Auctioneers, retail
de alers tobacconsts brokers. apothe
carries, photographers. and oonfectioners, $50 and
q per centum the gross amount of sales made.
Wholesale dealers in liquors 5000, and 5 per
centum gross amount of sales. Retail dealers in
liquors. 500, and Oper centum on gross amount of
sales Wholesale dealers in groceries, goods,
wares merchandise, ETC., 5000, and % per centum.
Pawn brokers, money and exchange brokers 5000.
- Distillels. $500 and 20 per centum. Brewers,
500, and % per ceptum.
Hotels, inns, tayerns and eating houses-frst
class $500; second class. $500; third class $500;
fourth class, $l0O; fifth class, $780, Every house
where food refreshments sold, and every
boarding house where there shall be six boarders
or more, shall be deemed to be eating house
under this act. =.
Commercial brokers commission merchants
5000 and % per centum.
Theatres, $500 and per centum on all receipts.
Each circus, 800, and SO for each exhibition
Jugglers and other perso-, exhibiting shows, $50
I'd fnpn ooh
alley or table registered. Livery stable keepers,
lawyers, physicians, surgeons and dentists $50.
Butchers and bakers, $50 and per centum
All persons engaged or intending to engage, in
any business named in the 5th section, SHALL within
sixty days after the passage of the act, at the
time of beginning business, and on the lst of Janu
airy in 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 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 on the next 3lst of Decem
Der. and such other tax may be due upon sales
or receipts in such business.
Any person failing to make such registry and
pay such shall, jim addition to all other taxes
upon his business imposed by the act, pay double
the amount Of the specific tax such business,
and like sum 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 tax for mere
storage of goods at place other than the registered
place of business. A new registry required upon
every change in the place of conducting a regis
tered business, upon the death of any person con:
Quoting the same, or upon the transfer of the bust
ness to another, but no additional tax.
Every person registered and taxed is required to
make 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
mil | when
exceeding 81 500, and two per cent upon an excess
over that amount. Provided, that no taxes shall be
imposed on the salary of any person receiving a
salary not exceeding $1,000 per annum or at like
rate for another period of time, longer OF shorter.
The-tax annual incomes between $500 and |
81 800 shall be five per cent; between $500 and
$1,000 five per cent on the first 81 800 and ten
per cent on the excess; between $4,000 and S. O0O
ten per cent; between $4,000 and 10000, l24 per |
cent; over $4,000 fifteen per cent. subject the
following deductions: incomes derived from |
rents of real estate, manufacturing and mining !
esablis hments, &c, 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 vgatng enterprises the hire of the vessels
orallowance for wear and tear of the same, not ex
ceeding ten per cent; income derived from the |
sale Of merchandise any other property. the |
prime cost cost of transportation salaries of clerks
and rent of building; incomes from any other |
occupations the salaries of clerks rent cost labor
panies the amount of loss paid by them during the
year. Incomes derived from other sources are sub |
iect to no deduction whatever
All joint stock companies and corporations shall |
pay one-tenth of the dividend and reserved fund |
annually If the annual earnings shall give |
profit of more than ten and less than twenty per |
cent on capital stock one-eghth 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. =
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 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 reserving 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-
federate government tenth of the grain .pota-
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, grazier, one-tenth of
the hogs slaughtered by him. in cured bacon at the
rate of 90 pounds of bacon to 1G0 pounds of nork.
one per cent upon the value of all neat cattle
horses mules not used in cultivation, and asses to
be paid by the of the same. beeves sold TO
be taxed as income.
Trustees guardians, &c, responsible for
taxes due from estates, &c, under their CONTROL
Ali hospitals, insane. deaf, and charitable asv-
lums. churches, schools and colleges are 'exemat
from taxation.
This act to be in force for two years from the az;
Piration of the present year unless repealed: