The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-12-13
PUBLIC ACTS
AN ACT TO AMEND THE TAX LAWS.
Passed at the first Session Of The I'd Congress Of
the Confederate States.

do enact That the 6rst second aud third sections 90
the Act to levy additional taxes for the de-
fence and support of the Government" approved I'm
February, 1864, be amended and re-enaeed SO a.to
read as follows, to-wt:
Section l. That, in addition TO the taxes levied H.
the "Act lay taxes for the common defence and \,
carry on the Government of the Confederate State,
approved April twenty fourth, eighteen hundred ana
sixty three there shall be leyid from the Ith day Of
February 1864, the subjects OF taxation herenar
mentioned, and collected from every person, copar,
nership, association or corporation, liable therefor
| taxes af follows, to-wit;
! /. Upon the value of all property, real personal
and mixed of every kind and description, not herein
after exempted taxed at different rate per cent.
Provided that from the tax 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 H. and dr
lvered to the Government, whether delivered during
the year afterwards, including the bacon deyera-
BILE after and not prior to, the assessment 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 ascertained, and when so ascCr-
tanned il shall DC the duty OF the post quarermaser
to certify and of the district collector 10 deduct the
value of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor authorized
by the "Act reduce the currency and 10 authorize
a new issue of notes and bonds" in like manner as
other taxes payable during the year Provided, That
no credit shall be allowed beyond FIVE per cent.
II. On the value Of gold and silver ware aud plate,
jewels, jewelry and watches, ten per cent.
III. The value ofproperty taxed under this section
shall be assessed the basis Of the market value Of
the same similar property in the neighbothood
where assessed, in the year $780, except In cases
where lands, slaves, cotton and tobacco have been
purchased since the first day of January. 1862, in
which case the said land slaves, cotton and tobacco
so purchased shall be assessed a the price actually
paid for the by the Provided, That land
purchased by refugees and held and occupied by them
for their and residence shall be assessed &C.
cording 10 its market value in the year 1860
Sec 2. That section second Of an act entitled IAN
act to levy additional taxes for the common defence
and support of the government" approved 18th Feb
ruary 1884 be- and the same is hereby, repealed and
it is hereby declared that all the property and asss
of corpora tions associations and joint stock compa
MES of every description, whether incorporated not
shall be assessed and taxed in the same fnhnneT, and
the extent, the property and assets Of nd-
viduas the tax such property and assets TO be as
sessed against, and paid by, such corporations asso-
Citations and joint stock companies: Provided, That
no hank banking company shall be liable to pay \
upon deposites of money to the credit Of and sub
jec to the checks Of, others Provided further, That
the stock shares interests representing property or
assets in corporations joint stock companies or as
soeiations, shall not be assessed taxed: And prov
6ed further, That all property within the enemys
lines be, and the same is hereby, exempted from all
taxation SO long it remains in the enemys lines.
Sec. g. That paragraph one OF section three Of an
act entitled "An act to levy additional taxes for the
common defence and support Of the government APP
proved 18th February, 1854 be- and the same is here
by amended and enacted, so as TO read as follows
Upon the amount all gold and silver coin gold dust,
gold silver bullion moneys held abroad, or bills OF
exchange, drawn therefor, promissory notes, rights,
credits and securities, payable in foreign countries,
FIVE per cent to be paid In specie or Confederate trea-
sury notes at their value compared with specie at
the the payable; the relative value Of SPEC
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. A. That section sixteen of the "Act 20 amend
entitled AN act to lay taxes for the common de-
fence and carry the Government Of the Confederate
States,'" approved nth February 1864 be, and the
same is hereby, amended so as TO read as follows
/. The income, property and money, other tGau
Confederate treasury notes, Of hospitals, asyluns,
churches schools colleges aud other charitable !nst
ons 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 tax
alton, except on the income.
H. That paragraph T. ofthe same act be and the
same is hereby amended by adding thereto follows
aft any person shall fail TO make due return, Ms re-
qured by said section of the income or 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 to pay the tax
thereon, within such time 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 10 be in default: Provided,
such person shall be deemed and held to be ia de-
fault who may fall has failed 10 make payment or
due returns in consequence of the presence inter
ference of the enemy the absence neglect of the
officers charged with the assessment and collection Of
taxes"
Sec. g. That this act shall not be so construed to
subject to taxation cofn bacon and other agricultural
products, which produced in the year 1863 and
in the possession of the producer the nth Of Feb
1864, and necessary for the support of himself aud
family during the present year, and from which
in kind have been deducted and delivered paid
Sec. G. That section a. paragraphs and oftbc act
approved 18th February 1854, entitled IAN act 10 levy
additional taxes for the common defence and support
Of the Government be amended rs to levy an addi-
ona tax of thirty per cent. upon the amount OF an
profits made by selling the articles mentioned 10 the
said paragraphs. between the nth day OF February
1894 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 not exchanged for
issue prior to the LIST day OF January 1862 aud
which may remain outstanding on that day, tax Of
one hundred per cent is hereby imposed
Sec. g. That section Of an act entitled IAN act
to levy additional for the common defence and
sup port Of the Government" approved 18th February,
1864 be- and the same is hereby repealed and the fol-
lowing inserted ia lieu thereof
That the first section Of the "Act 10 lay taxes for
The common defence and TO carry ON the Government
of the Confederate States approved oath April 1868,
is suspended for the year 1894.
III. In all cases where tax Is leyid on income de.
rived from property real personal and mixed Of every
description, on the amount or value Of which an cd
UOiorsnl lie laid the 0d r0oreD shall be deduct
I'd from the income tax: Provided, That In no case
shall lees be paid than the dd pGioreHa tax.
III. In the assessment OF income derived from man
mining, there shall be deducted from the
gross income profits, the necessary annual repairs
exceeding ten per cent. The amount OF The IN
derived therefrGm. And, In addition TO the de-
auctions now allowed by law in the assessment OF in
comes derived from source the fOlOwihR shall be
rrt.. r.. f.da afe iar m IV