Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1864-06-22
AM Act to Amepd the Tax laws,

The Congress Of tho Confederate States of Aneriea do
enact That the first second and third sections Of the act
port of the approved of Febru
ary, eighteen hundred and he amended and
enacted, SO as to read as follows, to wit:
Sec l. That in addition to the taxes levied BY the act
to levy taxes for the defence and carry the
Government of the Confederate States" approved April
a. 1862 there shall be levied from the 17ih day of Feb
ruary, 1864, the subject of taxation hereinafter
toned and collected from every person, eopartnenhip.
association or corporation liable therefor, taxes fol-
!. Upon the valve Of all property, real personal and
Mixed of every kind Of description lot hereinafter
emped taxed at different rate. Eve per cent Prooi-
ded That from the tai the value Of property employed
in agriculture shall be deducted the value Of the tax
kind derived thereom during the same year. assessed
sds dsversd during the year or s
including the bacon, deliverable AFTER and not prior to the
assessment Ct the tax on property employed in agricni
property shall be suspended after assessment under the
order Of the Secretary Of the Treasury until the value of
ascertaned it shall be the duty of the post quarermas-
Ter to certify and of the district collector TO deduct the
vaiue of such tithe and any balances found due may be
paid in bonds and certificates therefor authorized by the
Act to reduce the currency and to authorize is
sue of and bonds in like manner as other taxes
psybie during the years PrOuidsd, That credit shall
he allowed beyond five per cent: 49,.
On the value of gold and silver ware and plate jew
els iewery and Eaches. ten per cent
The value OF IT. sa "ndes e. ion
same or similar property taxed in the neighborhood
where assessed year eighteen hundred and sixty,
exeept in cases where lands slaves cotton and tobacco
have been purchased since st day of January 1862 in
which case the said lands slaves cotton and toDacco
purchased shabe assessed g tae price annually paid for
refugees and held and occupied by them for their
use and residence shall be assessed according to its
Soc That secoud section of An act entitled an act
TO ety additional taxes for the common defence and sup
Il the Government approved 18th February, 1854
Be- and tho is heeby repealed; and it is hereby
declared that all the property assets Of corporations
sssScistieos joint stock Ssnpanies of every descrp
ion whether incorporated or not shall be assessed and
psopsety and the tax such prop
erty and to be assessed against and paid BY such
PreedAd, That bank banking &C mpany shall be liza.
BE to pay tax upon deposits of money the credit
and subject to the checks of Others Provided further
Thst tbs stock shares or interests representing property
or corporations joint stock companies
atons, shall nos be assessed or taxed And provided
fpthsr, Thatsa properly within the ensmys lines be
and The same is hereby exempted fnm ali taxation SC
4 leng a it remains in the euemy's lines :
Seels That paragraph one OF session three Of N aea
mon deencs and support Of the Governm sut approved
t7th Eessuaty iss snd the ssu is hereby amen led
and - 81 g e. 9 t. read ss oos Upon ths
yer hplioa, noDsya teid abroad; bills exchange
drawn therefor pronisscry notes rights credits and
paid 10 specie or Confederate treasury notes It their val
a. compared with specie at the time the tax psya
ble the relative value Of specie and Confederate Treasury
VI pAyia6ut 0h0eF InlS AC o.
fixed BY regulations to be prescribed BY the9Conmis
soaes 0 Taxes under the direction Of the Secretary
| the Treasury. $50. .-5 ,ls,.ss.l,e. 49,
Section That section sixteen Of the Act "a amen,
entitled set levy taxes for the common de
fence and carry N the Government of the Confederate
States approved ~ th February 1864 be- end The sam
| ID hereby, amended to read as follows:
The income, propsrty aud money, other than Confed
crate Treasury notes Of hospitals, ayums churches
schools colleges and other charitable in shall
exempted from taxation under the provisions Of this
or any other aw The property Of fsned un
the act entitled sAn act to estsbish volunteer navy
shall be exempt from taxation, except the income
IL That Paragraph six, section seven. of the same nc
be and same is hereby amended by adding thereto
as follows:
aN any person shall fail to make due return, Is re
quired by said section, of the income profits taxe
under any Law Of Congress- or in case Of disagreement
With the asssssor submit the same rofsree ~ pro
vided by law shall full rease to pay the tag tbere
ban within such time shall be prescribed by public nc
ties hy the direction of the Commissioner Of Tsxes suc
person shall be deemed and held to be In default: Prt
cidsd That such person shall not be deemed and heN
u be in dsaak who may fall haa hi led to MAKE nav
meat or doe returns IN consequence of the presence
Herterence of the enemy, the absence or neglect
VI taxes" ~
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