The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-03-22
TEE OLD TAX LAW.

the Goth of April 1868:
1t imposes tax of eight per cent. upon the value
! of all naval stores, salt, wines aud spirifuous
| 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, aud not necessary for tam
ption for the unexpired portion of the year
| 1863, and of the growth production of any year
preceding the year 1863 and tax of per
cent. upon all moneys. bank notes other eur
rency, on hand or on deposit the lst 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 1st day OF October next
| soon thereafter may be possible.
Section 5th imposes the following taxes for the
year ending the 3lst of December. 1868, and for
each year thereafter:
Bankers shall pay $500. Auctoneers, retail
de alers tobacconsts pedlars cattle brokers' apothe-
carries, photographers. and contectoners, $50, and
| % per centum the gross amount of sales made.
| Wholesale dealers ia liquors $500. and per
centum gross amount OF sales. Retail dealers in
liquors. $1OO and 10 per centum gross amount of
sales. Wholesale dealers in groceries. goods,
wares, merchandise, ETC., $500 and "a per centum.
Pawn brokers. money and exchange brokers $500.
Distillers. $500 and % per centum. Brewers,
800, and % per centum
Hotels. INNS taverns and eating houses-frst
class, $500; second class, $500; third class, $500;
fourth class, 500; fifth class, $50. Every house
where food or freshments 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 or commission merchants
5000 and % per centum.
Theatres $500 and per centum on all receipts
Each circus, $780, and $40 for each exhibition
Jugglers and other persons exhibiting shows. $50
Bowling alleys and billiard rooms, $40 for each
alley table registered. Livery stable keepers
lawyers, physicians, surgeons and dentists. $50.
Butchers and bakers, $50 and per centum.
All persons engaged, or intending to engage, in
any business named in the 9Th 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 name 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 is to be conducted. &c. At the
time of the registry there shall be paid the specific
tax for the year ending on the next Dist of Decem
Der, and such other tax may be due upon sales
or receipts in such business.
Any person failing t" 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 a separate registry and tax for each
business mentioned in the 5th section, and for each
place of conducting the same; but tax for
storage of goods at place other than the registered
place of business. A new registry required upnn
every change in the place of conducting Il regis
tered business upon the death of any person con-
Quoting the same, upon the transfer of the bust
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 Dth of June, and every
three months thereafter.
A tax upon all salaries, except of persons in the
exceeding ST. 800, and per cent upon an excess
over that amount. Provided. that taxes shall b..
imposed the salary of any person receiving
salary not exceeding $1,000 per annum, OF at a like
for another period of time. longer or shorter.
The tax on annual incomes, between $500 aud
81 500, shall be five per cent; between 81 500 aud
$3,0U0. five per cent the first 81 500 and ten
per cent the excess; between $4,000 and So 600,
ten per cent: between $1,000 and 10000. l2t per
cent $4,000 fifteen per cent; subject to the
following deductions: incomes derived from
rents of real estate, manufacturing and mining
establishments, &c, sufficient for necessary
annual repairs; on incomes from any mining or
manufacturing business the (f rented) cost of
labor actually hired. and material; on incomes
from eating enterprises the hire of the vessels
allowance for wear aud tear of the same, not ex-
ceeding ten per cent. on income derived from the
sale Of merchandise or any other property. the
prime cost cost of transportation salaries of clerks
and rent of building on incomes from any other
occupations the salaries of clerks rent of labor
MATERIAL &C, ana III Cast oI udI Insurance com
panes 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
profit of more than ten and less than twenty per
cent capital stock, One-eighth to be paid; if
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. all profits in 1862 by
the purchase and sale of -four, corn bacon, pork,
oats, hay, rice salt, iron the manufa ctures 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 reserying for his fifty
bushels sweet and fifty bushels IRISH potatoes one
hundred bushels corn, fifty bushels wheat pro-
duced this year, shall pay and deliver to the Com
federate Government one tenth of the grain, pota
toes. forage, sugar molasses, cotton, wool and
tobacco produced. After reserving twenty bushels
peas or beans he shall deliver tenth thereof
Every farmer. planter, graZier, one tenth of
the hogs slaughtered by hns in cured bacon, at the
rate of 90 pounds of bacon to 100 pounds of pork
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. are responsible for
taxes due from estates, &c. under their control.
All hospitals. insane, kdeaf. and charitable asy-
lums, churches, schools and colleges are exempt
from taxation.
This to be in force for two years from the ex-
piraton of the present unless sooner repealed;
A.,