The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-03-29
TEE OLD TAX Law.

It imposes tax of eight per cent. upon the yalu
of all naval stores, SALT wines and spirituou
liquors, tobacco manufactured unmanufactured
cotton, wool flour, sugar molasses. syrup. rice, aut
other agricultural products, held or owned on tht
first Gay of July next. and not necessary for family
consumption for the unexpred portion of the year
1863, and of the growth production of any yeal
preceding the year 1868; and tax of one pei
cent. upon all moneys. bank notes or other cur
rency, ON hand on deposit the LIST of July
next; and on the value of all credits which tilt
interest has not been paid and not employed in q
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 LIST day of October next
or soon thereafter as may be possible. a
Section 5th imposes the following taxes for the
wear ending the 3lst OF December, 1863 and for
| each year thereafter:
Bankers shall pay $500. Auctioneers. retail
de aers tobacconists, brokers' apohe-
carries, photographers, and confectioners, $50 and
% per centum the gross amount of sales made.
Wholesale dealers in liquors 5000, and S per
centum gross amount of sales. Retail dealers Ia
liquors, 800, and 10 per centum gross amount 81
| sales. Wholesale dealers in groceries, goods,
wares, merchandise etc., 5000, and % per centum.
Pawn brokers, money and exchange brokers 5000.
Distillers. 5000 and 20 per centum. Brewers,
5 300, and % per centum.
/ Hotels inns, taverns and eating houses-first
class $500; second class, $500; third class, 5000;
fourth class 800; fifth class, $50. Every house
where food or refreshments sold, and every
boarding house where there shall be six boarders
1 or more, shall be deemed to be an 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 $40 for each exhibition.
Jugglers and other persons exhibiting shows $50.
| 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, 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 LIST of Janu-
airy in each year thereafter, register with the dis
trct 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 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 as 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 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 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.
tax upon all salaries. except of persons in the
military naval service, of l per cent when not.
exceeding $500, and two per cent upon an excess
over that amount Provided that no taxes shall be
imposed the salary of any person receiving a
salary not exceeding $l.OOOper annum, at like
rate for another period of time longer shorter
The tax annual incomes, between $500 and
ST. 500, shall be five per cent; between 81 500 and
$1,000. five per cent on the first 1880 and ten
per cent on the excess; between $4,000 and SIS, 000
ten per cent; between $4,000 and 10000, 123 per
cent; $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: incomes from any mining or
manufa curing business the rent (f 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-
ceeding ten per cent; on 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 |
occupation, the salaries of clerks, rent cost of labor
material, &C.; and in of mutual insurance COM
panies the amount of loss paid by them during the
year. Incomes derived from other sources sub
iect to no deduction whatever.
All Joint stock companies and corporations shall
pay 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
than twenty per cent. one-sixth The tax to
be collected 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 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 reservng 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 one-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, grazier, one tenth of
the hogs slaughtered by him. in cured bacon at the
rate of 90 pounds of bacon to 100 pounds of pork;
per cent upon the value of all neat cattle.
horses. mules not used in cultivation and asses to
be paid by the owners of the same beeves sold to
be taxed income.
Trustees, guardians, &C.. are responsible for
taxes due from estates, &C., under their control
All hospitals, insane deaf and charitable asv- |
lums, churches, schools and colleges are exempt
from taxation
This act to be in force for two years from the ex
praton of the present year. unless sooner repealed
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