The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-10-11
PUBLIC ACTS
Passed at he first Session Of Me 2d Congress
the Confederate States
AN ACT TO AMEND THE TAX LAWS.

p The Congress of the Confederate States of Ame,ic,
do enact, That the first second and third sections nr
the "Act TO levy additional taxes for the common 40
fence and support OF the Government" approved I'm
February, 1861, be amended and re-enacted, SO ast
read as follows, to-wit:
Section l. That, in addition 20 the taxes levied he
the "Act to lay taxes for the defence and ~
carry the Government of the Confederate Statesp
approved April twenty fourth eighteen hundred ara
sxty-h there shall be levid from the eth day Of
February 1864 the subjects of taxation hereinafter
mentioned, and collected from every person, copari
nership, association or 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 different rate, per cent
Provided tha! from the tax the value Of property
employed in agriculture shall be deducted the value Of
The tax in kind derived thercfrom during the ssme
year. as assessed under the law imposing it, and de.
iVNMl to the Government, whether delivered tMripg
the afterwards, including The bacon. deliycra
bic AFTER and not prior to- the assessment Of the tax
property employ ed in agriculture aforesaid and
the collection of the tax such property shall Je sus
pended after assessment under the order of the See.
rotary of the Treasury, until the value of the 1.-THE TO
be deducted can be ascertancd and when ascer-
tanned il shall be the duty OF the post quartcmascr
certify and of the district collector to deduct tho
value of such 1.-THE and any balance found due may
be paid iT bonds and certificates therefor authorized
by the Act to reduce the currency and to authorize
new Issue of notes and bonds ia like manner as
other taxes payable during the year, Provided That
credit shall be allowed beyond five per cent.
H. On the value Of gold and silver 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 neigLborhood
where assessed in the year lsGO, 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
purchased shall be assessed nj 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
cOrding TO its market value in the year 1860.
Sec 2. That section second of an act entitled IAN
to levy additional taxes for the common defence
and support of thegovernment," approved 18th Feb
ruary, 1904 be, and the same hereby repealed and
it is hereby declared, that all the property AMI
of corporations, associations aud joint stock compa
mics ofevery description whether incorporated ornO
shall be assessed and taxed in the manner, and
TO the extent the property and assets Of ind
vdnals the tax such property aud assets 10 be as
scssed against and paid by such corporations, asso
Citations and joint stock companies: Provided, That
no bank or banking company shall be liable to paya
tax upon dcrdseS ofmOncy to the credit OF, and sub
jcct to the checks Of others Provided further, That
the stock shares interests, representing property
in corporations or joint stock companies. or as
soeiaons shall not be assessed or taxed: And prov
Ged further, That all properly within the enemyS
lines be, and the same is hereby, exempted from all
taxation long il remains in the enemy's lines.
Sec 3. That paragraph of section three Of
act entitled "An act TO levy additional taxes for the
common defence and support of the government ap-
proved 18th Februarr 1864. be, and the same is here
by amended and rccnactcd rs TO read as follows:
Upon the amount OF all gold and silver coin gold dust,
gold silver bullion, moneys held abroad, or bills Of
exchange, drawn therefor promssory notes, rights
credits and securities, payable in foreign countries,
five per cent to be paid in specie or Confederate rca
srry their value, compared with specie At
the time TIE payable; the relative value Of spc.
and Confederate treasury notes for the9 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 TO amend
an IF mi IN Ct q
fence and carry the Government Of the Confederate
States" approved 18th February, 1864 be- and tho
is hereby, amended, so as to read rs follows:
/ The income, properly and money, other Than
CO Moderate trcGSury notes, Of hospitals ns!lnm',
churches, schools colleges and other charitable int.
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
cstabeh volunteer navy, shall be exempt tTt TN taS-
alton, except on the income.
H. That paragraph T. ofhe same oct, be and the
same is hereby amended 10y adding thereto as follows
.If any person shall fail make due return,
quired by said section, Of the income or profits taxed
under any law of Congress, or in case Of disagreement
with the assessor 10 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 20 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 the enemy the absence neglect OF the
officers charged with the and collection Of
taxes"
Sec That this act shall not he construed as to
subject to taxation corn, bacon and other agricultural
products, which were produced in the year sG3 and
in the possession Of the producer the 7h Of Feb
1864, and necessary for the support OF himself ana
family during the present year, aud from on which
IN kind have been deducted and delivered or paid
Sec 6. That section = paragraphs and 2, of The act
approved 9Th February, 1864 entitled "An ACT TO levy
additional taxes FIR the common defence aud support
of the Government, be amended to levy add
tona tax % thirty per cent upon the amount OF all
profits made by selling the ariices mentioned In tho
said paragraphs. between the 18th day Of February,
sG4, and the At day Of July next which additional
tax shall be collected under said act
Sec. 7. That all treasury notes OF the old ISSUE
of the denomination of FIVE dollars not exchanged o
issue prior the LIST day of January 1862 ana
which may remain outstanding that day, n tax Of
one hundred per cent is hereby imposed
Sec. s. That section seven Of an act entitled IAN acl
levy additional for the common defence ana
support of the Government" approved 18th February
1864 be- and the is hereby, repealed and The fol-
lowing inscr;ed in lieu thereof:
l. That hc first section Of the "Ac. 20 Icy taxes i0
the common drfrnce and 10 carry on the GoYernmrn'
of the Confederate Saes approved gath APrii, 1902
is suspended for the year 1854.
H. In all cases where tax is leTid on income ue-
rived from property real personal and nNed OF every
description on the amount or value Of which an ad
U0loren is laid the nd raloTcH ax 5n DC utduet-
ed from Tie income Provided ihN' III no case
shall less be paid than tie nj rsio,em l"3'
III In the assessment Of income derived from man.
ufctur;ug or mining there shall De hedHcted rom the
- 49,, ar T,rofts the necessary annual repairs,
rem ner cent on the amount Of The in
1.f-oT ,berefrom. And, in addition 10 the de-
Coni. -. oIIoved by law in the asscsfment Of in