The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-05-26
THE coNFEDRRArE rAx-BILL.

which was passed by the Confederate Congress Oh
the Goth of April, 1868:
1t imposes tax of eight per cent upon the value
of all naval stores, salt, wines and spirtuot.s
liquors, tobacco manufactured or unmanufacturea
cotton WOOL -four. sugar, moasses. syrup. RICE and
other agricultural products, held 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 tax of one per
cent upon all moneys bank notes other cur
rency, on hand or deposit the LIST of July
next; and the value of all credits which the
interest has not been paid and not employed I'D
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
t of the Confederate States shall he valued ut the
| current rate of exchange in Confederate Treasury
notes The tax to be assessed the 1st day OF
July, and collected the lst day of October next
/ or as soon thereafter may be possible.
| Section 5th imposes the following taxes for the
| year ending the 3Ist of December 1868, and for
each year thereafter:
Bankers shall pay $500. Auctioneers, retail
dealers toba cconiss, pedlars brokers. apothe
carries, photographers. and conf etoners $50, and
/ % per centum on the gross amount "f sales made.
Wholesale dealers in liquors 500 and per
I centum gross amount of sales. Retail dealers III
! liquors. 500. and 10 per centum on gross amount OF
sales Wholesale dealers in groceries. goods.
wares, merchandise, etc, $500 and 2! per centum.
! Pawn brokers. money and exchange brokers $500.
DIStllleFS. S-UU ana ~ per CeuluHi. DIeWeTS,
$780, and 2! per centum
Hotels. inns, taverns and eating houses-fr<t
class $500; second class, $500; third class $500:
fourth class. 800; 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 or commission merchants
$500 and p per centnm.
! Theatres, $500 and per centum on all receipts.
| Fac cir & Ii0 and $40 for each exhibition.
Jugglers and other persons exhibiting shows, $50.
Bowling alleys aud billiard rooms, 5 10 for each
alley table registered. Livery stable keepers,
LAWYERS, phy sicians, surgeons and dentists, $50.
! Butchers and bakers, $50 and one per centum.
All persons engaged or intending to engage, in
any business named in the 9th section, shall, within
sixty days after the passage Of the act, or at the
! time of beginning business and on the st of Janu
AIRY in each year thereafter, regiser with the dis
trct collector true account OF the name and resi-
dence of each person, firm or corporation engaged
interested in the business, with statement of
the time for which, and the place and manner in
! which thes 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 as 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 on such business,
and like sum for every thirty days of such failure.
!
business mentioned in the 9Th section, and for each
place ofconductng the same; but 10 tax for mere
sorag" of goods at place other than the registered
! place of business. A new registry required upon
every change in the place of conducting regis
tered business, upon the death of any person CON
Quoting the same upon the transfer OF the bust
ness to another, but no additional tax.
Every person registered and taxed is required to
make returns of the gross amount of suies from the
passage of the act to the 3Oth of June, and every
! thro e months thereafter.
tax upon all salaries, except of persons in the
military naval service, of l per cent when not
| exceeding $l5OO, and two per cent upon an excess
over that amount Provided, that no taxes shall be
imposed on the salary of any person receiving
salary not exceeding $1,000 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 81 800 and ten
per cent on the excess; between 900 and $4,000
ten per cent between $4,000 and 10000, l23 Der
cent; oveI $4,000 fifteen per cent; subject the
following deductions: on incomes derived from
rents Of real estate, manufacturing and mining
establishments, &c, sufficient for necessary
annual repairs; on incomes from any mining or
manufacturing business the rent (f rcnted) 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-
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
occupation, the salaries Of clerks, rent cost of labor
material, &C.; and in of mutual insurance com
panes the amount of loss paid by them during the
year. Incomes derived from other sources are sub
ject to no 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 on capital stock, one-eighth to be paid: if
more than twenty per cent, sixth. The tax TO
be collected on the LIST of January next and of
each year thereafter r.
| A tax of ten per cent. on all profits in 1862 bv
! the purchase and sale of -four, corn, bacon nork
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 reserving for his own use fifty
bushelssweet and fifty bushels Irish potatoes one
hundred bushels corn, fifty bushels wheat pro-
dueed this year, shall pay and deliver to the Con
tederato Government oue-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, grazer, one-tenth of
the hogs slaughtered by him, in cured bacon at the
rate OF 6O pounds of bacon to 100 pounds of pork;
one per cent upon the value of all neat cattle
horses mules not used in cultivation, aud asses to
be taxed as income.
Trustees, guardians, &c. are resnonsihle f,r
taxes oie from estates, &c, under their control.
All hospitals insane, deaf, and charitable asy-
ioms churches, schools and colleges are exempt