The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-01-19
CONFEDERATE TAX NOTICE.

will attend with the Assessors at the Court House
in Charlotte daily from Monday the 25th Of January,
to the 5h of February, receive the Income Tax due
January LIST, 1864. and the tax due from Dealers
Dealers (such merchants, traders, manufacturers
of all kinds physicians &c will take notice that teer
Licenses exPtred the 3lst Of December le45r ana
that they required them aud TO retarn me
amount of sales for the quarter ending Dec 81, 1865
The Income Tax is payable by each person, lrint
stock company and corporation. from every occuF
employment or business, whether regisered.os POT in
which they may have been engaged and from every iH
vestment of labor skill property money, and the
income aud profits derived from any source Whatever
from January ST. 1862 90 January 1864 including th-
estimated ANIMAL rental of all buildings and lots,
whether occupied not the estimated ANIMAL hire OF
all slaves other than those engaged in agricultural pur.
suits and the estimated value OF all pork slaughtered
by every person except farmers planters and graziet
The following exemptions from the tax are allowed
lst. Incomes of and under $500. I'd. Profits or in.
derived from such products Of land as are taxed
in kind.
All persons receiving salaries of and over $1,000 WIN
be required to return them al the same time.
d. q. MAXWELL,
Jan 10, 1864. st Dist. Col for Mecklenbug.
ss- The following additional instructions in refer
Income Tax will be observed by Collectors and
Assessors Of Confederate Taxes;
OFFICE OF COMMISSIONER OF TAxKs, I
Richmond, Dec Esd, 1903
/. The income Of farmers and planters derived from
the sale of products taxed in kind and produced by
themselves will be liable TO without deduction,
provided their taxable income, from all sources, IL
more than $500 If u farmer planter has no other
taxable income than that derived from the sale OF pou-
try mutton butter eggs and other OF his products not
taxed in kind and such income does not amt INT TO
than $500 during the calendar year, such farmer
or planter will not be subject TO any income tax.
2. II the producer sells during the calendar year
s63 products which produced prior to this year,
such produce will be considered capital on hand on
the Ist day of January s63 and any advance that
capital is income of 800. Take cotton for instance
If the value of cotton hard the Ist day of Janu
AIRY, 1853 lin the hands Of the produccr) he deducted
from the sales Of it during the year. the balance will be
income If the cotton sold held by the seller on
the list of July and he paid the Of eight per cent
he should be allowed deduct this, we'll as other
expenses incurred during the year 1862 from the
proceeds of SALE and the balance will he net income
subject TO the tax:
g. Where real property purchased prior TO 1863, has
been improved by the erection Of buildings, mills, fac.
tories other machinery attached TO the freehold tho
property shall be valued with reference TO the LIST OF
January 1863 and the valuation at that date shall be
deducted from the proceeds of its sale during said year.
aud the balance Shah be deemed tho profits upon the
same which arc to be taxed as income But if no i'm.
pr6vemens have been made Of the character mention
ed upon real property purchased the actual primo
only shall be deducted and the bnlan shall be
real profits to be taxed.
L. IF the real property sold during The year 1869,
inherited by the seller, acquired otherwise than
by purchase its value on the day of January 800,
shall! be deducted from the proceeds Of sale and the
balance shall be taxed profits.
s. All produce, slaves other personal property,
sold during the year 1863 produced by The seller
acquired otherwise than by purchase shall be estima
ted and valued with reference TO its value fhe ist
day of January 1868, and the valuation thus made
shall be deducted from the gross proceeds of Its SALE
and the seller shall required pay The balance as
income In estimating the profits oil produce;
slaves other personal property purchased prior 10
the LIST of January 1863 since, and sold during said
year the prime cost and such other items are AL
lowed by law shall be deducted from the gross sales
and the balance shall be taxed AS income.
6. All valuations required in ascertaining and as
sessing income shall be made In Con moderate notes
THOMPSON ALLAN
Commit sioner OF Taxes.