New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-07-28
The Special Income Tsx-Regwlatiens for
Its Asscsrmeus and Collection.

The syeciai Income Tnx-Regulatiens for
Its As.c.smeus and Collection.
Secretary Fessenden has just issued the FOL
low ing regulations for the assessment and collection OF
the Special Income Tax upon the income OF 1903;
TREASURY DEPARTMENT. WASHINGTON. July 1854.
The Joint resolution imposing special Income duty
approved July ls1i provides that there snS', Dc
profs or income for the year l-o3 Of all persons re.
siding in the United States or Of citizens OF the United
States residing abruad duty Of five per cent on all
sums exceeding sG0 Il is also ided that IN esti'
mating iucome for this purpose no deductions shall De
made for dividends interest received from any asso-
cation corporation or company nor shaIi any de1uc
ton be made for any salary or pay received.
In order facilitate the assessment OF this tax. az
SCISSORS are directed 10 scruinze carefully the returns
OF income heretofore made 20 then r the year 1903 by
persons residing within the ned States and 10 select
all such have been made In detail IN the maDner pro-
yded upon Form No. a. issued by the Commissioner OF
Internal Revenue and with the accuracy and correct
ness Of which they thoroughly satisfied. When de-
ductioas have been made from any such return on
OF dividends interest received from any cor
poration account Of any salary pay all OIL
Ger OF the United States the amounts thus deducted
will be added 10 the amount heretofore assessed, and
any income derived from interest upon United States
securities will be included In the same totsl The In
thus determined may be entered In the liz; az the
upon which the special duty OF i've per cent
RIO Dc assessed.
turns from all persons residing in their several divs
ions who have heretofore made NO return In detail or
with whose returns heretofore made they have any
r,a.ons TO be Dissatisfied and from the agents VI all
citizens Of the United States residing abroad and be-
longing in their several divisions Notice should be
LEFT with all such persons at least ten days before the
liz; day of October, requiring them 10 make return
under oath affirmation. on or before said lst day OF
October IN the manner provided by she act OF June 80
s6l y the terms ~ that act the return must state
the sources from which the income Is derived whether
from any kind Of property or the purchase and sale Of
property rents interest. dividends. salaries. or nom
sny profession trade, employ or vocation, or 9TH
erwse The distinction heretofore made between the
incomes Of residents and Of resident citizens is set
de and the latter are 70 be treated IN all respects IN
the sane manner as the former.
Assistant Assessors will transmit the returns tn the
OF their respective dist lets rapidly they
are received and In all within ten days after the
lst uf October. II ANY person shall have neglected. ~
give ia return in the form required, or any person
shall have given In return which III the opinion OF the
As-ssor false OF fraudulent or contains any under.
statement undcry allaton II Will be tue duty VI the
Assessor Ia such person. or his agent " ap-
pear and produce all books Of accounts containing en-
tries relating to the trade business OF such persons.
and summon any other persons, ss he may deem
prupcr give testimony. IN h. manner prescribed IN
Section Il OF the set OF June 80. 1904.
II upon such exam nation IL shall appear that auy
person has made false fraudulent return. The as
win estimate the income OF such person accord
ing " the beet Information which he obtain. and
the duty thereon and enter the same In the st
adding 100 per ccntum 10 such duty. The assessor WI
in like manner estimate the income OF all persons Sho
shall have neglected to make return Or before the
first day Of October aid assess the duty thereon and
except Ia OF sickness or Absence he VIII add ~
per ceulum 10 such duty. No return can BE- accepted
which IA not verified by oath or niirmaton and II any
such return IL transmitted 20 tho assessor be will pro
coed IN the same manner as II no return had been re-
oeiyei
Immediately thereafter the assessor will make up an
alphabetical LIST of all persons who have been assessed
for the special Income duty IN each division OF bis dis
trct and vi u then advertise IN some newspaper PUB
shed in each county OF his district II snch there be
IL not in newspaper nearest thereto in the same
collection disirict-the time nnd place ~ihin sac
county when said list may b. examined; ana the list
fhn remain open for ten days for the Inspection oi all
persons who may apply for the same.
No relief from assessments which are made aiter the
examination " witnesses provided In section H. OF
the act Of June ~ lso car bo given BY the assessor
bat AIRY persons sggrieved will have right OF appeal
10 the Commissi ner Of Internal Revenue. In oil
other cases the assessor may revise any assessment
including those made upon the basis OF returns here
tre received at any time before the rss dsy OF Nov.
ember. 1864. M soc,
that copies OF ali lists returned 10 the collector shall RS
main IN the Office Of the Assessor and 'keH DC open 70
the Inspection Of all persons rho may aGs 70 nIeef me
same II il Of especial Importance that Assessors give
full effect 10 this provision with reference 10 the lsts
heretofore made up aud containing the assessments
upon the income for the year 1862 IN order that the
anplest opportunity may be given for The detection "
any fraudulent that may have been made and
any omissions that may have cccurred and Tor TINS
purpose Assessors should seek the cooperation Of o.
tax paying c;tiIens. . $780,,
Assistant Assessors viii be particularly careful to oh
tain returns from persons employed IN the service OK the
nted States whose names may not appear on the en-
uuui ne assessment list the special Income duty upon
their salaries imposed by the Joint rcsolatcA ci July
Is not to I've withheld by puymasters, put must % as
sessed In the same manner income from other
sources ,
Immediately after the ls o! November the lists made
In with these regulations Will be returned to
the several collectors In the manner provided by law
and the subsequent proceedings for the collection Of the
duty will be In oil respects similar TO those LOT inc COZ
lection Of taxes assessed in the annual list.
W. Y. FissEsDsN. Secretary Of the Treasury.