The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-12-06
PUBLIC ACTS
Passed at he fra Session Of The 2d Congress Of
ts dte Confederate iStates, p.
AN ACT TO AMEND THE TAX LAWS.

The Congress OF the Confederata StNcs Of
do enact That the FIRST second aud third sections 90
the .Act to levy additional taxes for the common a.
fence and support fthe Governneht,r approved I'm
February, 1864, be amended and reenacled SO as 40
4 read as follows, to-wit:
4 Section l. That in addition 10 the taxes levied r.
the "Act to lay taxes for the common defence ana -
carry on the Government of the conederute sta,esS
approx April twenty fourth, eighteen hundred ana
ixty-three there shall be leyd from the eth day ~
February 1864, the subjects OF taxation hrreinah..
mentioned, and collected from every person. copart
nership association or corporation liable therefor
/ taxes af follows, to-wit:
/ l. Upon the value of all property, real persona,
and mixed, Of every kind and description, not herein
after exempted taxed n different rate, per cent.
Provided, tina. from the on the value OF property
employed in agriculture shall be deducted the value Of
4 the in kind derived Iherefrom during the same
year, as assessed under the law imposing IT, aud de-
livered to the Government, whether delivered during
the year or afterwards, including IL bacon dctrra-
bic after and prior to, the Of the tax
property employed 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 the 1.-THE 10
be deducted can be ascerained, and when so ascer-
tained il shall be the duty Of the post quarermaser
certify, and of the district collector deduct tho
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
n new issue of notes and bonds in like manner as
other payable during the year: Provided That
credit shall be allowed beyond five per cent.
ii. 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
the same, similar property in the neighboThood
where assessed, in the year 1850, except in
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 at the price actually
paid for the by the owner Provided, That land
purchased by refugees and held and occupied by them
for their and residence, shall be assessed
cording to its market value in the year 1850.
Sec 2. That section second Of an act entitled "An
levy additional taxes for the common defence
and support of the government, approved l1ib Feb
ruary 1894 be- and the same is hereby repenlcd aud
it is hereby declared that all the property aul assets
of corporations, associations and Joint stock compa-
mics, ofevery description whether Incorporated orno
shall be assessed and taxed in the same manner and
TO the same extent the property and assets Of ind
vduaIs; the tax such property and assets 20 be as
sessed against and paid by such corporations asso-
Citations and joint stock companies: Provided, That
no bank banking company shall be liable 10 pay
tax upon deposites fmoney TO the credit Of and sub
ject to the checks Of Others: Provided urther That
the stock shares interests representing property
assets in corporations joint stock companies or as
soeatons, shall not be assessed taxed: And provi
ded further That all property within the enemys
lines be, and the is hereby, exempted from all
taxation long as II remains in the enemys lines.
Sec. 3. That paragraph Of section three OF IN
act entitled can act TO levy additional taxes for the
common defence and support Of the government, APP
proved 9TH February, 1884 be- and the same is here
by amended and enacted as TO read rs follows:
Upon the amount OF all gold and silver coin gold 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 be paid in specie Confederate trea
sury notes at their value, compared with specie At
the time the payable; the relative vnlue 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 Commissioners Of Taxes, under
the direction of the Secretary of the Treasury.
Sec. 4. That section sixteen Of the 'Act TO amend
entitled An act to lay taxes for the common de-
fence and carry the Government Of The Confederate
States" approved 18th February, 1864, be, and the
same is hereby, amended, so rs TO read rs follows
! The income, property and money, other than
Confederate treasury notes, Of hospitals, asylums
churches schools colleges and other charitable nsu
lions, 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 20
establish volunteer navy" shall be exempt fro ta&
alton, except on the income.
H. That paragraph g. T. ofthe same act be and the
is hereby amended by adding thereto as follows;
'If any person shall fail 10 make due return, re-
CURED by said section, of the income profits taxed
under any law OF Congress- or in case Of disagreement
with the assessor, to submit the TO roicrces as
provided by law, shall fail refuse 10 pay the tax
thereon, within such rimc shall be prescribed by
public notice. by the district collector under The d.
rection of the Commissioner Of Taxes, such person
shall be deemed and held TO be in defaults Provided,
such person sha 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"
Sec 5. That this shall not be construed MS to
subject taxation corn, bacon aud other agricultural
products, which produced in the year 1868, and
in the possession Of the producer the 9Th 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 o. paragraphs ard 2, Of the act
approved 18th February, 1904 entitled IAN act 10 levy
additional taxes for The common defence and support
of the Government" be amended To levy Hddi
tional Of thirty per upon The amount Of all
profits made by selling the ariices mentioned In the
said paragraphs, between the I7h 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 Of the old Issue,
of the denomination Of i've dollars not exchanged for
new issue prior to the LIST day of January, 1862 aud
which may remain outstanding on that day. "A lax OF
one hundred per cent. is hereby imposed.
Sec That section of an act entitled IAN act
10 levy additional taxes for the common defence and
airport Of the Government" approved l7th February,
1864 be- and the Is hereby repealed and the fol-
lowing inserted in lieu thereof:
l. That Inc first section Of the "Aci TO ny for
he common defeHce and to carry on the Government
Of the Confederate States" approved gath April 1903,
Is suspended for the year 1864.
II. In all cases where tax is levid income de-
rived from properly, real, personal and mixed Of every
ieEcT ption, on the amount value Of which an q"
,aiOrem Is laid the od raioTem shall be deduct
ID from tie income tax; Provided That I'D no ease
hall less be paid than the I'D roioren iaE.
III. In the Of income deIiEed rom man
mining there shall be dedneted from lhe
yrogs income profits, the necessary huh"Hi tSPHHs
lot exceeding ten per cent The amount OF The in
,ome derived thsrefr,n And ia addition TO the de-
,c,rg nov aI!wcd by law ~ the assessment of in
s L., "a from, any source, the following shall be