The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-11-22
PUBLIC ACTS
AN ACT TO AMEND THE TAX LAWS
Passed atMe first Session Of tie 2rl Cono,,,, ~,
the Confederate States

af
do enact That the FIRST, second and third sec r,'a
the "Aet to levy additional taxes for the commH o
fence and support OF the Government approved tsu
February, 1854, be amended and re- enacted 40 -"
read as follows, to-wit; -"
Section l. That in addition 10 the taxes lor;,,,
the "Act to lay taxes for the common defence GA "
carry the Government of the Confederate S,a,'Oo
approved April twenty -foarth, eighteen hundred 80
sxty-three, there shall be leyd from the l7tb J,v
February 1864 the subjects of taxation hcrein:ou
mentioned, and collected from every person cora.
nership, association or corporation, liable thtte
taxes at follows, to-wit: ~
i l. Upon the value of all property real rerso,,
and mixed of every kind and description not bers;S
after exempted taxed at n different rate nor Co.
Provided, that from the tax on the value Of routrt
/ employed in agriculture shall be deducted the vain, -
the tax in kind derived theTefrom during tho So
year, as assessed under the law imposing IT, md 10
livered to the Government, whether delivered durn
the year afterwards, including the bacon deliver
bic after, and prior to, the assessment Of tho la
property employe in agriculture as Aforesaid: and
the collection of the tax such property shall be
pended after assessment under the order Of The So
rotary of the Treasury until the value of the titbe IA
be deducted can be ascertained, and when SO asrr,
taned it shall be the duty OF the post quarcrmns.
to certify, and of the district collector to deduct ns
value of such tthe, and any balance found due may
be paid in bonds and certificates therefor authorized
by the "ict to reduce the currency and to authorize
n new issue of notes and bonds in like manner "a
other taxes payable during the year: Provided Thai
| no credit shall be allowed beyond five per cent
H. On the value of gold and silver ware and plate
Jewels jewelry and watches, ten per cent.
III. The value of property taxed under this section
shall be assessed the basis of the market value Of
| the same, or similar property in the noghborhood
where assessed, in the year $780, except in cases
where lands slaves, cotton and tobacco have been
! purchased since the first day of January. lSG2 in
which the said land, slaves, cotton and tobacco
purchased shall be assessed at the price actually
paid for the same by the owner: Provided, That land
purchased by refugees and held and occupied by them
for their and residence, shall be assessed ae
cordng to its market value in the year 1860.
Sec. 2. That section second of an act entitled ON
act to levy additional taxes for the defence
and support of the government approved 18th Feb
ruary 1854 be, and the is hereby repealed; and
it is hereby declared, that all the property ami assets
of corporations, associations and joint stock compa-
mics every description whether Incorporated or not
shall be assessed and taxed in the manner and
The extent the property and assets Of indi-
yduals; the tax such property and to be
scssed against and paid by such corporations
Citations and joint stock companies: Provided, That
bank or banking company shall be liable TO pay y
upon deposes ofmonry TO the credit of, and sub
ect to the checks Of others: Provided further That
the stock shares interess representing property
assets in corporations joint stock companies,
soeations, shall not be assessed taxed: And proyi
Ced further, That all property within the enemy's
ues be, and the same is hereby, exempted from all
taxation so long as it remains in the cnemys lines
Sec. 3. That paragraph of section three Of
act entitled Gan act to levy additional taxes for the
common defence and support of the government ap-
proved 18th February, s64 be, and the same Is here
by amended and enacted so as TO read as follows:
Upon the amount all gold and silver coin, gol1 dust
gold silver bullion, moneys held abroad bills Of
exchange, drawn therefor, promissory notes, rights
credits and securities payable in foreign countries
five per cent to be paid in specie, Confederate ea
sury their value, compared with specie at
the time the payable; the relative value Of gpe
Gle and Confederate treasury notes for the purpose Of
pa yment under this act to he fixed by regulations
be prescribed by the Commissioner If Taxes, under
the direction of the Secretary Of The Treasury
Sec. 4. That section sixteen Of the "Act to amend
tlp1G In In tnvp for he m
fence and carry the Government of the Confederate
Sates, approved 9TH February, 1864, be, and the
same is hereby, amended, so as to read rs follows
|. The income, property and money other than
Co nfedcrate treasury notes of hospitals, asylums,
churches, schools colleges and other charitable !nsi
tons shall be exempted from taxation under the pro-
visions of this act or any other law The property OF
companies formed under the act entitled AN act TO
establish volunteer navy" shall be exempt ilcm tax
alton except on the income.
H. That paragraph T. ofthe same act be and the
same is hereby amended by adding thereto follows:
"If any person shall fail TO make due return,
qured by said section, ofthe income profits taxed
under any law of CoBgrsss, or in case Of disagreement
with the assessor TO submit the same 10 referees,
provided by law, shall fail refuse pay the tax
thereon, within such time shall be prescribed by
public notice by the district collector, nnder the d-
rection Of the Commissioner of Taxes, such person
shall be deemed and held TO be in default Provided,
such person shall not be deemed and held TO be in de-
fault who may fail, has failed to make payment or
due returns in consequence OF the presence or inter
ference of the enemy the absence neglect Of the
officers charged with the assessment and collection OF
taxes" "a .a- s.-
Sec s. That this act shall not be construed as TO
subject TO taxation corn bacon md other agricultural
products, which produced in the year 1868, and
in the possession of the producer on the 18th Of Feb
1864 and necessary for the support of himself and
family during the present year. and from or on when
in kind have been deducted and delivered or paid
Sec. 6. That section . paragraphs and p ofihe act
approved 1th February, 1864, entitled nan oct TO lev!
additional taxes for the defence and support
of the Government he so amended 10 levy add-
tional tax of thirty per cent upon Tie amount OF an
profits made by selling the arces mentioned IN The
said paragrap hs. between the 7th day OF February
1864 and the LIST day of July next which additional
tax shall be collected under said act.
Sec. T. That all treasury notes OF the old issue
of the denomination Of FIVE dollars not exchanged Tor
issue prior TO the LIST day OF January 1863, ana
which may remain outstanding that day, tax Of
one hundred per cent. is hereby imposed
Sec g. That section Of an act entited "An act
to levy additional taxes for the common defence and
support Of the Government" approved l7th February
1864 be- aud the c hereby, repealed and The iv1
lowing inserted in lieu thereof
l. That the first section Of the Aci to lay taxes for
the common defence ard TO carry tho Government
of the Confederate States" approved 24th April 1853,
is suspended for the year 1864.
III. IN all cases where tax Is levid income de-
rived from property, real personal and mixed OF every
description, onthe amount value OF when an ga
raiorem is laid the I'D vdLorem tax she'll be dednc
ed from the income Provided, That In no case
shall less be paid than the I'D DoloreH tax
III in the assessment of income derived from man.
fncturing or mining there shall be deducted from the
gross income profits, the nrcessay HhhuhI repasi
not exceeding ten per cent the amount OF the IN
come derived therefrCm. And, ia addition 10 the de-
auctions allowed by law in Tie Hssesgment OF in