The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-03-08
THE OLD TAX LAW.

which, was passed by the Confederate Congress on
the Goth of April, 1868:
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 day of July next, and not necessary for family
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
rency, on hand or deposit on the LIST of July
next; and on the value of all credits 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 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 LIST day of
July, and collected the 1st day of October next
or 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
de alers, tobacconsts pedlars brokers' apothe
carries, photographers, and confectoners, $50, and
| % per centum the gross amount of sales made.
| Wholesale dealers in liquors $500, and per
centum gross amount of sales. Retail dealers in
Liquors. $780, and 10 per centum on gross amount of
sales Wholesale dealers in groceries, goods
wares, merchandise, etc., $780, and ID per centum.
| Pawn brokers. money and exchange brokers $500
| Dstillers. 5000 and 20 per centum. Brewers,
| $780, and % per centum.
Hotels, inns, taverns and eating houses-frst
class $500; second class, $500; third class, $500;
fourth class, 800; fifth class $50. 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, 500, and $40 for each exhibition
| II 9th VII
Bowling alleys and billiard rooms $40 for each
alley or table registered Livery stable Keepers
! lawyers, physicians surgeons and dentists, $50.
Butchers and bakers, $50 and per centum
All persons engaged, 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 1st of Janu
airy in each year thereafter register with the dis
trct collector true account of the and resi-
dence of each person, firm or corporation engaged
or interested in the business, with a 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 Decetn
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 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 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 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 a 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 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 ST. 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 a like
rate for another period of time, longer shorter.
The tax on annual incomes, between $500 and
81 500, shall be FIVE pei cent; between ST. 500 and
So 900. five per cent on the first 81 500 and ten
per cent the excess; between $4,000 and $4,000,
ten per cent; between $4,000 and 10000, 124 per
cent; over $4,000 fifteen per cent? subject to the
following deductions: 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
from navigating enterprises, the hire of the vessels
or allowance for and tear of the same, ex-
ceedng ten per cent; on income derived from the
sale of merchandise any other property, the
prime cost of transportation, salaries of clerks
and rent of building; incomes from any other
occupation, the salaries of clerks, rent, of labor,
material, &C.; and in case OF mutual insurance
panies the amount of loss paid by them during the
wear. 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 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 the lst 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 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 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 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
one per cent upon the value of all neat cattle,
be paid by the of the same, beeves sold to
be taxed inc5me.
Trustees, guardians, &C., are responsible for
All hospitals, insane, deaf, and charitable asy-
lums, churches, schools and colleges are exempt
from taxation.
This act to be in force for two years from the ex-
pration of the present year. unless repealed;
mt the tax on naval hour