The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-10-25
PUBLIC ACTS
Passed title Jfyst Session IF tie 81. Congress o.
he Confederate States.
AN ACT TO AMEND THE TAX LAWS

H.
fence and support of the Government" approved Eth
February, 1864, be amended and re-enacted SO asto
read as follows to-wit: I'd"
Section L. That, in addition 20 che taxes levied h.
the "Act to lay for the Iupn Esience ana -
carry on the Government of the Confederate State
approved April twenty fourth eighteeh hundred 81
sxty-three there shall be levid from the 9Th da, ~
February 1864 the subjects of taxation her,psn"
mentioned, and collected from every person, coyart
nership, association or corporation, liable therefor
taxes af follows, to-wit:
l. Upon the value of all property, real, Personal
and Mixed of every Kind and description not herein
after exempted taxed at different rate per cent
Provided, tina. from the tax the value proner,y
employed in agriculture shall be deducted the value Of
the in kind derived thereirom during the same
year, assessed under the law imposing It, and de-
livered to the Government whe her delivered during
the year afterwards including the bacon dcliyera
BILE after, and prior to, the assessment Of the tax
property employ in agriculture aforesaid: and
the collection of the tax such property shall be us
pended after assessment, under the order of the Sec
rotary of the Treasury, until the value of the 1.-THE TO
be deducted can be ascertained, and when ascer-
tanned il shall be the duty OF the post quarermHster
certify, and Of the district collector 10 deduct the
value of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor, authorized
by the "Act to reduce the currency aud TO authorize
issue of notes and bonds" in like manner rs
other payable during the year: Provided, Thai
no credit shall be allowed beyond five per cent.
H. On the value of gold and silver and plate
jewels, jewelry and watches, ten per cent.
III. The value of property taxed under this section
shall be assessed the basis of the market value Of
the same, or similar property in the ncighboIhood
where assessed, in the year $780, except in cases
where lands slaves, cotton and tobacco have been
purchased since the first day of JanpaTy- leG2, in
which the said land, slaves, cotton aud tobacco
purchased shsl be assessed nj the price actually
paid for the by the owner: Providaa, That land
purchased by refugees and held and oceaped by them
for their own and residence shall be assessed ac
cording to its market value in the year 1860
Sec 2. That section second CT an act entitled "An
levy additional taxes for the common defence
sI,a - III
ruary, 1894 be- and the same is hereby. repealed and
it is hereby declared, that all the property ana
Of corporations, associations and joint stock compa-
MES every description whether incorporated not
shall be assessed aud taxed in the same manner and
the extent the property and assets of ndi
viduals the tax such properly and assets TO be
sessed against and paid by such corporations asso.
Citations aud joint stock companies: Provided, That
bank or banking company shall be liable TO pay
upon depoites Of money to the credit Of and sub
ject the checks of, others Provided further, That
the stock shares interests representing property
in corporations joint stock companies or as
soeiaons shall not be assessed or taxed: And prov
Ced further, That AL property within he''enonys
lines be- and the same is hereby, exempted from all
taxation long as it remains in the enemy's lines.
Sec. 3. That paragraph one OF section three Of
entitled "An act TO levy additional taxes for the
common defence and support Of the government ap-
proved 18th February 1894. be- and the same H. here
by amended and enacted, so as TO read as follows
Upon the amount OF all gold and silver coin god dust
gold silver bullion, moneys held abroad, or bills Of
exchange Drawn lnereIOr bTOmlssOfy nOtts TlRulb,
credits and securities, payable in foreign countries,
FIVE per cent to be paid in specie or Confederate ca
sury at their value compared with specie at
the time the tax payable the relative value Of spe
Gle and Confederate treasury notes for tho purpose Of
payment under this act, to be fixed By regulations to
be prescribed by the Commissioner Of Taxes under
the direction of the Secretary Of the Treasury.
Sec. 4. That section sixteen of the "Act to amend
entitled IAN act 10 lay taxes for hetommon de-
fence and carry the Government Of The Confederate
States" approved 18th February, 1864 be- md the
same is hereby, amended, so as TO read a. follows
l. The income, property and money, other thEn
Confederate treasury notes, Of hospitals, asyumS,
churches, schools colleges and other charitable ns'
tons shall be exempted from taxation under the pro-
visions Of this act any other law The property OF
companies formed under the act entitled An act TO
establish volunteer navy" shall be exempt from taI-
alton except on the income.
H. That paragraph G. sec. T. ofhe act veaud the
same is hereby amended by adding thereto follows
eff any person shall fail TO make due return, ns re.
qured by said section of the income profits taxed
under any law Of Congress, in case Of disagreement
with the assessor to submit the same 10 referees, a.
provided by law or shall fail or refuse to pay the
thereon, within such time as shall be prescribed by
public notice. by the district collector, under The d.
rccton of the Commissioner of Taxes, such person
shall be deemed and held 20 be in defaalE Pr6xied,
sach person shall not be deemed and held 10 bcN de-
fault who may fall or has failed TO make payment or
due returns in consequence of the presence inter
ference Of the enemy the absence or neglect Of the
officers charged with the assessment and collection
taxes"
Sec s. That this act shall not he so construed ne 20
subject TO taxation corn bacon and other agricultural
products which were produced in the year 1868, ana
in the possession of the producer the l7th Of FEB
1884, and necessary fore the support Of himself ena
family during the present year, and gom on which
taxes in kind have been deducted and delivered or PAID
Sec G. That section >, paragraphs and 2, ofIhend
approved 9TH February 1904, entitled "An act leTy
additional taxes for the defence and support
of the Government" be amended as 10 levy add
tional of thirty cent. GpOh the amount ~ an
profits made by selling the ariices mentioned the
said parag:a phs between the INA day Of February,
1864 and the LIST day Of July next which additional
tax shall be collected under said act. 'ei'
Sec. Z. That all treasury notes of the old issgs,
of the denomination of five dollars not exchanged for
issue prior the LIST day Of January, 1861 and
which may remain outstanding on that day, taT Of
one hundred per cent is hereby imposed.
Sec. y. That section OF an act entitled "An Acl
levy additional taxes for the common defence and
uppori Of the Government" approved 18th February
1864 be- and the same is hereby, repealed, and the fol-
lowing inser ed in lieu thereof
l. That he first section Of the nAci 10 lay taxes for
the common defence aud TO carry the Governments
Of the Confederate States, approved 24tb April 1865
is suspended for the year 1864.
H. In all cases where tax is leyid on income de-
rived properly, real personal and mixed Of every
description on the amount value Of which an ga
voLoreD is laid the nd raiOrs tax shall De deuuct
ed from the income tax: Provided, That IN no ease
shall less be paid than the al r0lorea tax.
Ill In the assessment of income derived from mhh-
ufacturing mining there shall be deduc'e1 from me
gross income or profits the necessary annual feparF'
COM. dsrved ,herrrsm And, ia addition 10 the de-
uctioDs now allowed by law 10 The assessment OF in
con,os dert I'd from any source the following shall be
- orneIy. The Confcderale taxes actually paid by