The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-03-15
TIE OLD TAX Law.

the goth of April, 1868:
1t imposes tax of eight per cent. upon the value
of all naval stores, salt, wines and spirituoas
liquors, tobacco manufactured or manufactured,
cotton, WOOL -four sugar. molasses. syrup rice, and
other agricultural products, held or owned on the
first day of July next, and not necessary for family
consumption for the unexpired portion of the year
1863 and of the growth or production of any year
preceding the year 1905 and tax OF one per
cent. upon all moneys. bank notes or other cur
rency, on hand or on deposit on the LIST of July
next; and on the value of all credits which the
interest has not been paid and not employed in q
business the income derived from which is taxed
under the provisions of this act provided, that all
! moneys owned, held deposited beyond the limits
| of the Confederate States shall be valued at the
| current rate of exchange in Confederate Treasury
notes. The tax to be assessed on the LIST day OF
July, and collected the LIST day of October next,
| or as soon thereafter may be possible.
Section 5th imposes the following taxes for the
year ending the 31st of December, 1863, and for
each year thereafter:
de alers tobacconsts pedars cattle brokers' apothe-
carries photographers, and confectioners, $50, and
d per centum on the gross amount of sales made.
Wholesale dealers in liquors $780, and 5 per
centum gross amount of sales. Retail dealers in
liquors, 800, and 10 per centum on gross amount of
sales. Wholesale dealers in groceries, goods,
wares, merchandise etc., 5000, and % per centum.
Pawn brokers, money and exchange brokers 5000.
Distillers, $500 and 20 per centum. Brewers,
800, and % per centum. szD
Hotels inns, taverns and eating houses-frst
class, $500; second class, $780, third class, $500;
fourth class, 800; fifth class, $50. Every house
where food or refreshments sold, and every
boarding house where there shall be six boarders
or more, shall be deemed to be eating house
under this act
| Commercial brokers commission merchants
| 5000 and % per centum.
Theatres, $500 and 5 per centum on all receipts.
Each circus 500, and $40 for each exhibition.
Jugglers and other persons exhibiting shows, $50.
Bowling alleys and billiard rooms, $40 for each
alley or table registered. Livery stable keepers,
lawyers, ply sicians, surgeons and dentists $50.
Butchers and bakers, $50 and per centum.
All persons engaged. or intending to engage, in
any business named in the 5h section, shall, within
| sixty DAYS after the passage of the act at the
time of beginning business, and on the LIST of Janu-
airy in each year thereafter, register with the dis
trict collector true account OF the and resi-
dence of each person, firm corporation engaged
or interested in the business, with statement of
| the time for which, and the place and manner in
which the same is to be conducted &c. At the
time of the registry there shall be paid the specific
tax for the year ending the next 3lst of Decem-
| Der, and such other tax may be due upon sales
or receipts in such business.
ANY person failing to make such registry and
pay such tax shall, in addition to all other taxes
upon his business imposed by the act, pay double
the amount of the specific tax such business,
and like sum for every thirty days of such failure.
Requires separate registry and tax for each
business mentioned in the 9Th section, and for each
place of conducting the same but no tax for mere
storage of goods place other than the registered
place of business. A new registry required upon
every change in the place of conducting q regis
tered business, upon the death of any person
Quoting the same or upon the transfer of the bust
ness to another, but no additional tax
Every person registered and taxed is required to
make returns of the gross amount of sales from the
passage of the act to the Both of June, and every
three months thereafter.
A tax upon all salaries, except of persons in the
mi or naval sarvica. of I VIII
exceeding 81 500, and two per cent upon an excess
over that amount. Provided, that taxes shall be
imposed the salary of any person receiving a
salary not exceeding $1,000 per annum or at a like
rate for another period of time. longer shorter.
The tax annual incomes; between $500 and
81 800, shall be five per cent; between 81, 800 and
$4,000: five per cent on the first ST. 500 and ten
per cent the excess; between SO 900 and S. 600,
ten per cent; between $4,000 and 10000, I24 per
cent; $4,000 fifteen per cent; subject to the
following deductions: on incomes derived from
rents of real estate, manufacturing and mining
establishments &C., a sum sufficient for necessary
annual repairs; on incomes from any Mining or
curing business the rent (if rentedl cost of
labor actually hired and raw material; on incomes
from navigating enterprises, the hire of the vessels
allowance for and tear of the same, not ex-
ceedng ten per cent; on income derived from the
sale of merchandise any other property, the
prime cost of transportation salaries of clerks
and rent of building; incomes from any other
occupation, the salaries of clerks, rent of labor,
material &C.; land in of mutual insurance COM
panies the amount of loss paid by them during the
year. Incomes derived from other sources are sub
iect to no deduction whatever.
All Joint stock companies and corporations shall
pay one tenth of the dividend and reserved fund
annually. If the annual earnings shall give a
profit of more than ten and less than twenty per
cent on capital stock, one-eighth to be paid; if
more than twenty per cent, one-sixth. The tax to
be collected on the 1st of January next and of
each year thereafter
A tax of ten per cent. on all profits in 1862 by
the purchase and sale of -four, corn, bacon, pork,
oats, hay. rice, salt, iron the manufactures of
iron. sugar, molasses made of cane, butter wooden
cloths, shoes, boots, blankets and cotton cloths
This is not to apply to regular retail business.
Each farmer after reserving for his use fifty
bushels and fifty bushels Irish potatoes, one
hundred bushels corn. or fifty bushels wheat, pro-
duced this year, shall pay and deliver to the Con-
federate Government one tenth of the grain, pota-
toes, forage, sugar, molasses, cotton, wool and
tobacco produced. After reserving twenty bushels
peas beans he shall deliver tenth thereof.
Every farmer, planter, grazier, one-tenth of
the hogs slaughtered by him. in cured bacon, at the
rate of 90 pounds of bacon to 100 pounds of pork;
one per cent upon the value of all neat cattle,
horses, mules not used in cultivation and asses. to
be paid by the owners of the same, beeves sold to
be taxed as income
Trustees, guardians, &C., responsible for
taxes due from estates, &c, under their control.
All hospitals, insane deaf, and charitable asy-
lums, churches, schools and colleges exempt
from taxation.
This act to be in force for two years from the
piraton of the present unless repealed