The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-11-01
PUBLIC ACTS
Passed at the first Session Of the I'd Congress 0
the Confederate States.
AN ACT TO AMEND THE TAX LAWS

the "Act to levy additional taxes Tor the
fence and support of the Government approved lT,L
February, 1864, be amended aud re-enacted SO sst
read as follows, to-wit;
Section l. That, in addition TO the taxes levied L.
the "Act to lay for the common defence ana :,
carry the Government of the Confederate States
approved April twenty -fourth, eighteen hundred ana
sixty-three there shall be leyid from the 9TH day ~
February, 1884, on the subjects of taxation heeina
mentioned and collected from every person, copar,
nershp, association corporation, liable therefor
| taxes af follows, to-wit:
! l. Upon the value of all property real personal
and mixed, Of every kind and description, not herein
after exempted taxed Mt different rate, per cent.
Provided that from the tax on the value Of property
employed in agriculture shall be deducted the value Of
| the tax in kind derived therefrom during the same
year, as assessed under the law imposing IT, aud de-
! ivered to the Government, whether delivered during
the year afterwards, including the bacon, dcyera.
BILE AFTER and prior to- the assessment Of the tax
property employ ed in agriculture aforesaid and
the collection of the tax such property shall be sus.
pended after assessment under the order OF the Sec
rotary of the Treasury, until the value Of tn, 1.-THE IN
be deducted can be ascertained and when so ascer.
tanned, il shall be the duty OF the post quartermarr
certify and of the district collector TO deduct the
value of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor authorized
by the "Act to reduce the currency and to authorize
a issue of notes and bonds" in like manner as
other taxes payable during the year: Provided That
credit shall be allowed beyond five per cent.
II. On the value Of gold and silver and plate
| jewels, jewelry and watches, ten per cent.
III The vaue of property taxed under this section
snail De assessed the OASIS OF the market value
the same, or similar property in the neighborhood
where assessed, in the year 1860 except in cases
where lands, slaves, cotton and tobacco have been
purchased since the first day of January. 1862, in
which the said land slaves, cotton and Tobacco
so purchased shall be assessed nj the price actually
paid for the by the owner: Provided, That land
purchased by refugees and held and occupied by them
for their own use and residence shall be assessed
cording TO its market value in the year 1860.
Sec. 2. That section second Of act entitled Gan
to levy additional taxes for the common defence
I sc al IL
ruary 1864 be- and the same is hereby, repeaed and
it is hereby declared that all the property anl
of corporations, associations and joint stock compa-
MES every description, whether incorporated not
shall be assessed and taxed in the same manner and
TO the extent, the property and assets of ndi
viduas; the such property and assets to be
sesscd against, and paid by such corporations assoc
Citations and joint stock companies: Provided, That
bank or banking company shall be liable 10 pay
upon deposites of money TO the credit of and sub
ject to the checks of others: Provided further That
the stock shares interests representing property or
assets in corporations joint stock companies,
soeiaons shall not be assessed taxed: And provi
Ged further, That all property within the enemy's
lines be- and the same is hereby, exempted from all
taxation so long rs it remains in the encmys lines.
Sec. 3. That paragraph one of section three of
entitled can act levy additional taxes for the
common defence and support of the government, np-
proved 9TH February 1864. be, and the same is here
by amended and enacted as TO read as follows:
Upon the amount of all gold and silver coin gold DUST
gold silver bullion, moneys held abroad, bills Of
exchange drawn therefor promssory notes, rights,
credits and securities. payable in foreign countries,
five per cent to be paid in specie Confederate rea
sury notes at their value ms compared with specie at
the time the payable the relative value Of spe.
Gle and Confederate treasury notes for the purpose of
payment under this act, to be fixed by regulations to
be prescribed by the Commissioner of Taxes, under
the direction of the Secretary Of the Treasury.
Sec 4. That section sixteen Of the "Act 10 amend
act entitled An act TO lay taxes for the common de-
fence and carry the Government Of The Confederate
Stales'" approved 9Th February, 1904, be. and the
aTnp is hprpb nlpu Mods 70 cad nj Ia
l. The income, property and money, other than
Confederate treasury notes, Of hospitals, asvIum'
churches, schools colleges and other charitable :nsi
tons shall be exempted from taxation under The pro-
visions of this act any other law. The property Of
companies formed under the act entitled IAN act TO
establish volunteer navy" shall be exempt iEt IN ta1-
alton, except on the income.
H. That paragraph 6, T. ofthe act be and the
same is hereby amended by adding thereto follows
elf any person shall fail to make due return, a
qured by said section of the income profits taxed
under any law Of Congress- in Of disagreement
with the assessor TO submit the same TO referees, as
provided by law, shall fail refuse 10 pay the tax
thereon, within such time shall be prescribed by
public notice, by the district collector under the d
rcction of the Commissioner Of Taxes, such person
shall be deemed and held TO be in default: Provided,
such person shall be deemed held TO be in de-
fault, who may fail, has failed to make payment
due returns, in consequence Of the presence inter
ference of the enemy, the absence neglect Of tho
officers charged with the assessment and collection Of
taxes"
Sec s. That this act shall not be construed ms
subject taxation corn, bacon and other agricultural
products, which produced in the year 1863 and
in the possession of the producer the 18th Of Feb
1864, and necessary for the support Of himself and
family during the present year, and from which
in kind have been deducted and delivered paid
Sec. g. That section :, paragraphs and 2 Of the act
approved 9TH February 1904, entitled "An act TO levy
additional for the common defence and support
Of the Government, be amended TO levy addi-
tienal of thirty per cent upon the amount OF all
profits made by selling the articles mentioned in the
DaraOTaDhg. between
1864, and the LIST day of July next, which additional
tax shall be collected under said act.
Sec. Z. That all treasury notes Of the old issue,
of the denomination Of five dollars, exchanged for
issue prior the LIST day Of January, 1862 and
which may remain outstanding that day, n tax Of
ONE hundred per cent. is hereby imposed.
Sec 8. That section Of act entitled "An act
to levy additional taxes for the common defence and
support of the Government" approved nth February,
1864 be, and the same is hereby, repealed and the fol-
lowing inserted in lieu thereof:
l. That he first section of the "Ac. TO lay for
the common defence and carry the Government
of the Confederate Staes" approved 24th April 1868,
is suspended for the year 1861
ii. In all where a tax is levid income de-
rived from property, real personal and mixed OF every
description, the aGfUhnt value Of which an al
vaLore is laid the ad rdiorsn shall be deduct
ed from the income tax: Provided, That in no case
shall less be paid than the dd raioye'a tax
H. in the assessment of income derived from man
mining there shall be deducteu from tue
gross income or profits the necessary annual rephis
not exceeding ten per cent on the amount OF the in
come derived iberefron And in addition to the de-
ductons now allowed by law in The assessment OF in
comes derived from any the following shall be
ada namely: The Confederate taxes actually paid by