The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-02-23
THE conFEDERArE gAx-BILL.

the. ruth OF -Apflla TSoo H. stssssss4 - sar 4s
It imposesa tax of eight per eens. upon the value
of all naval stores, salt, Wines and spirituous
liquors, tobacco manufactured or anrnanufactured
cotton, wool -four sugar. motasses. syrup rice and
other agricultural products, held or owned on the
hrst day Of July next, and not necessary for family
consumption for the unexpired portion of the year
1868 and of the growth or production of any year
preceding the year. 1868 and a tax of one per
cent, upon. all moneys. bank notes other cur
rency, on hand or on deposit the list of July
next; and on the value of all credits on which the
interest has not been paid and not employed in II
business the income derived from which is taxed
Under the provisions of this provided, that all
moneys owned. held or deposited beyond the limits
of the Confederate States shall be valued the
current rate of exchange in Confederate Treasury
notes. The tax to be assessed on the LIST day of
July, and collected on tire lst day of October next,
or as soon thereafter as may be possible.
Section 5th imposes the following taxes for the
year ending the 81 st of December, 1868, and tDr
each year thereafte
Bankers shall pay $500. Anctioneers, retail
de aers obaeconists, pedars. cattle brokers apethe
carries photographers. and confectioncrs. $50 and
% per centun on the gross amount of sales made.
Wholesale dealers ia liquors $500. and 5 per
centum gross amount of sales. Retail dealers in
liquors. 500, and IL per gross amount Of
sales. Wholesale dealers in groceries. goods.
wares, merchandise etc. $500, and p per mum.
Pawn brokers, money and exchange brokers $500.
Distiilers. $500 and 20 per centum. Brewers.
800, and 2! per centum.
class, $500; second class, $780, third class $500;
fourth class, 500; fifth class, $50: Every house
where food 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 per centum all eceipts.
Each circus, 500, and $40 for each exhibition.
Jugglers and other persons exhibiting shows, $50.
Rowling 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. intending to engage, in
any business named in the 9th section, SHALL, within
sixty days after the passage of the act. or at the
time of beginning business, and the lst of Janu
airy in each year thereafter, register with theidis
trict collector true account of the name and resi-
dence of each person, firm. corporation engaged
n 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 on the next 3lst of Decem
Der, and such other tax may be due upon sales
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 18th section and for each
place of conducting the same; but tax for mere
storage of goods at place other than the registered
plsce of business. "A new registry required upon
every change in the place of conducting regis
tered business, upon the death of any person
Quoting the same upon the transfer of the bust
to antther, but no additional tax.
Ever, person registered and taxed is required to
make returns of the gross amount of sales from the
passage of the to the Both of June, and every
three months thereafter
A tax upon all salaries. except of persons in the
military naval service, of l per cent when not
exceeding $500, and two per cent upon an excess
over that amount Provided that no taxes shall be
imposed on the salary of any person receiving, a
salary not exceeding $1,000 per annum. at like
rate for another period of time longer or shorter
The tax on anIiIjai incomes, between $500 and
81 SEQ, shall be five per cent? Between $500 aud
$3,0U0. five per cent on the first $l,5DO and ten
per cent the excess between $4,000 and s.. 000
ten per cent; between $1,000 and 10000. l24 per
cent; Sl0OOD 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 rent Gf rented) cost of
labor actually hired. and materia on incomes
from navig& ing enterprises, the hire of the vessels
all pwance for wear and tear of thu same, ex-
ceeding ten per cent; on income derived from the
sale of merchandise OF any other property. the
prime cost. cost OF transportation, salaries of clerks
and rent of building; on incomes from any other
occupation the salaries of clerks, of labor.
material, &C.; and in case of mutual insurance com
panes the amount of loss paid by them during the
wear. Incomes derived from other sources are sub
iect to 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
more than twenty per cent. onesixth. The tax to
be collected the LIST 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 OF the manufactures of
cloths, shoes, boots, blankets and cotton cloths
This is not to appy to regular retail business.
Each farmer after reservmg for his own use fifty
bushels sweet and fifty bushels Irish Potatoes one
hundred bdshels fifty bushels wheat, pro-
doced this year, shall pay and deliver to the Con
federate Government one-tPnth of the grain, uota-
toes. forage. sugar, m0lasSes, cotton, wool and
tobacco produced. After reserving twenty bushels
peas or beans he shall deliver tenth thereof
Every farmer, planter. grazier, fue- tenth of
the hogs slaughtered by him in cured bacon at the
of 60 pounds of bacon to 100 pounds of pork:
one per cent upon the value of all neat cattle |
horses, mules used in cultivation and asses. to
be paid by the of the same. beeves soldro
be taxed rs income:
Trustees. guardians, &c. responsible for
taxes due from estates, &c. under their control
All hospitals, insane dtaf and charitable asy- |
lums churches, schools and colleges are exempt
from taxation.
This act to be in force for two years from the
iraten of the present year. unlesssoon rppealed
but the tax on naval stores, -four wool, cottuu /