The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-10-18
PUBLIC ACTS
Passed Gtilte yirst Session Of The 81 Congress
the Confederate States
IN ACT TO AMEND THE TAX LAWS.

The Congress OF the Confederate States of America
do enact That the hrst second and third sections ~
the "Act 10 levy additional taxes for the common DE-
fence ADD support of the Government approved l7tb
February 1864, be amended and re-enacted SO as to
! read aS follows, to-wit;
Section L. That, in addition TO the taxes levied bx
the ActtO hay lakes for the common defence and 10
carry on the Government of the Confederate StatesB
approved Apfff twenty FORTH eighteen hundred al
sxty-hree there shall be levid the 9TH dav AZ
Febrhary 1854 tie subjects OF taxation hereinafter
mentioned, and collected from every person, copart.
nersbip, association corporation, liable therefor
4 taxes ef Follows, to-wit: f't'. -
lI.Upon the value of all property, real personal
and mixed, Of every kind and description, herein.
after exempted taxed at different rate per cent:
Provided, thai romthe tax on the value Of property
employed in agriculture shall be deducted the value OF
the tax in kiGd derived therefrom during the same
year, as assessed under the law Imposing H. and de-
livered 10 Tie Government Whether delivered during
the year Afterwards intending the bacon, delivers.
bic after, aud prior TO- the OF the tar
property employed in agriculture Aforesaid: and
the collection ofhe tax such property shall be sus.
pended aer assessment under the order of the Sec
Rotary of the Treasury until the value Of the 1.-THE TO
be deducted be Gscertained, and when so aseet-
tanned il shall be the duty Of the post quartermaser
certify and OF the district collector deduct the
Nalue of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor authorized
by the Aet to reduce the currency and to authorize
a new issue OF notes and bonds, IN like manner IS
other taxes payable during the years Provided, That
no credit shall be allowed beyond Eve per cent
H. On the value of gold and silver ware and plate,
jewels jewelry and watches ten per cent
Ill. The value of property taxed under this section
shall be assessed the basis of the market value OF
the same, simil9T property in the neigbborhood
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, slares, cotton aud tobacco
purchased shall be assessed at the price actually
paid for the by the owner: Provided That land
purchased by refugees and held aud pied by them
for their own and residence hall be assessed
cordng TO its market value in the year 1860.
Soc q hat of artp cd q An
act to levy additional taxes for the common defence
and support of the government, approved 9TH Feb
ruary, 1864 be- aud the is hereby repealed; and
it is hereby declared that all the property
of corporations, associations aud joint stock compa-
MES ofevery descriptions whether incorporated not
shall be assessed and taxed in the and
The extent the property and assets Of ind
vduals; the tsx sHch property aud assets TO be
scssed against, and paid by, such corporations
Citations and j1int stock companies; Provided That
no bank or banking company shall be liable TO pay
tax upon deposies ofmoney to the credit OF and SUBJ
ect to the checks of, others~Provded 0rther, That
the stock shares interests, representing property
assets in corporations joint stock companies,
sociatiops shall be assessed taxed And provi
ed further. That all property within Tie enemy's
lioes be. and The same is hereby, exempted from all
taxation 90 larg as IL ren!ans in The enemys lines
See. 3. Tbat.paragraph Of section three Of an
act, entitled 'An 10 levy additional for the
common defence aud support of the government" ap-
proved I7th February, 1864 be- and the is here
by amended aud enacted, 20 read follows;
gold silver bullion moneys held abroad, or bills Of
exchange, drawn therefor, promissOry notes rights
Gve per cent to be paid in specie Confederate trea
sury notes at their value compared with Specie at
the time The tax ragabie the relative value Of spec
Gle and Comic deraie for the purpose Of
payment under this act, to be fScd 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 TO amend
entitled AN act TO lay for the common de-
& ff he
States" approved i7h February, 1904. he, and the
same iF hereby, amended, as to read rs follows:
|. The iHcome, properly aud money, other than
Co ufcdcrate treasBry Doles, Of hospitals Hsylums,
churches, schools colleges aud other charitable !nsii
lions, shall be exempted from nxaon under the pro-
visions of this any other law. The property Of
formed under The act entitled IAN act TO
establish volunteer navy" shall be exempt iTt tax
a ton, except the income.
II. That paragraph 8, ofthe act be and tho
same is hereby amended by adding Thereto follows
"If any person shall fail to make due return ms re-
qured by said section, Of the income profits taxed
under any law Of Congress- or in case of disagreement
with the assessor, to submit the same TO referees, AS
provided by Law, shall fa refuse 10 pay the tax
thereon within snch time shall be prescribed by
public notice, by the district collector under the d.
ectiun of he Comm ssfoter of Taxes such person
hall be deemed and held 20 be in default Provided,
ach person shall not be deemed and held 10 be in de-
fault who may fail, has failed TO make payment, or
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" ''.. IT.
Sec 5 That this act shalt not be so construed as to
-bect taxation corn, bacon and other agricultural
products, which produced in the year 1893 and
in the possession of the producer on the nth or Feb
1884, and necessary for the support Of himself and
family during the present gear, and from which
10 kind have been deducted and delivered paid
Sec g. That section paragraphs and Of The act
approved fth February 1894 entitled Gan act to levy
Rddifionalr sxes for the common defence and support
of the Government be amended to levy addi-
ioual tax of thirty per cent upon be amount Of all
profits made by selling The ariic ices mentioned IN the
said paragraphs. betw the I7th day Of February,
1864, and the ls day Of July next which additional
tax shall be collected under said act.
Sect That all treasury notes Of the old issue,
Of tn denomination Of five dollars not exchanged for
issue prior the list day OF January, 1868 and
: hcbl may remain outstanding that day, tar OF
)ne hundred per cent. is hereby imposed
Sec. s. That section Of an act entitled nan act
o levy additional for The common defence and
support Of the Government" approved !7th February,
&c., be- and the same i. hereby repealed and The fol-
owing inserted In lien thereof:
j. That The first section Of The HAci TO lay taxes for
he common defence and TO- carry on the Government
# the Confederate States" approved gath April 1863,
s suspended for the year 1864.
III. In all cases whore a tax is-levd income de-
ired from property real personal and mixed Of every
description, on the amount value of which an dd
toyen tax - laid DE I'D rdl0rera shall be deduct
j from the Income Provided. That In no case
hall less-be paid thau the ad r0i0Tem tax.
III IN the Assessncnt Of Income derived rom man
featuring mining there shall be deducted rom the
ross income profile. tbe necessary hhhuat repairs
OF exceeding ten per cent The amOnnt OF the in
ONE derived therrfrpD And. IN addition TO the de-
motions now allowed by law 10 The assesfment OF In
ones derived from any source the lowing shall be