Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1865-11-17
Extracts OF Decisions and Rulings OF the Commits
sioner Of Internal Revenue.

sioner Of Internal Revenue.
10 Manufactures and Producty-Any ar
ticle known to commerce as an article of
traffic, which is produced by hand or ma
: chinery, must he regarded as "A mauufac-
ture, and subject to tax, unless specially
exempted by law.
7 Ta!ors, boot and shoe. makers, milliners,
dress-makers, and hat cap and bonnet
makers who manufacture partly for sale
generally, and partly to order, are liable to
tax as manufacturers.
A blacksmith is considered a. q mann.
factursr if his work, including repairs, that
add ten per cent. to the article repaired.
amounts to $1,000 per annum.
Articles of manufacture we'll known and
generally used, are taxable, though made
to order. A piece of old material wrought
Into an article substantially new, does not
exempt it from taxation.
A person who manufactures molaases
from sorghum need no, he licersed, unless
his annual production thereof exceed 81 900,
and the nolssses thus produced is no, sub
ject to duty
Stone used by railroad company iu
building bridges, &c, when. dressed as
building stone, is subject to tax.
Flour barrels. broom handles, concentra.
ted lye, balusters and fire bricks are taxa.
bic as manufactures.
Every distinct shop used by railroad
company for making or repairing machine
~, ia regarded as manufactory.
Safes at Auction.-An auctioneer can
dave but one place of business under his
license at which he .may receive consien-
ments Of goods, but he may sell at auction
at other places. .
Auction sales by the Sheri : Z
mortgage not forccIo4ed by de(
court. arc subject to duty. D
A judicial or executive offiaer Of a court.
or executor or administrator, may make |
sales at auction, or employ others to 60 so.
without being liable to take out license or
pay duty.
| Duties on Acome.-The Iucosne Tax
mnst be assessed and paid in the District /
where the person resides. The place wEere
he votes is deemed his residence. Where
not voter, then the place where the tax
on his personal property is paid is deemed
to be his residence.
Galns orr profits realized on sales of prop
erty after the Internal Revenue Tax Law
was passed, should be estimated, although
the property was purchased before.
Actual receipts, as well as unrealizcd
and uncolIected debts, mut BE- estimated
in return of income.
Old debts formerly considered hopelessly
lost and afterwards collected must IN re-
turned as income for the year in which COLI
lected. ,r
Rent of rooms used to live in are to be t
deducted from. income,
The husband and father must return as
income tue proceeds of the labor of his
wife and children. Only one deduction Of
5000 is allowed for their upiled incomes.
Interest On borrowed capital used in bus
mess may be deducted from income.
Legatees or distributes are not required
to return 1be amounts received by them as
such as income. These amounts are taxed
specifically as legacies and disiributive
shares.
The profits Of a manufacturer are not ex-
empt. from Income Tax, because he has
paid the tax imposed by law on the arti-
cles manufactured by him. I
Where Assessors have good reasons to
believe that persons have not an income Of
5000, no return need be required.
Fathers should include salaries, &C., re-
ceived by minor children in returns of in
come. ~. :,
The Income Tax is laid upon the net
gains after deductiug the expenses Of
business. Family and personal expenses
are not to be deducted.
Marriage fees, gifts by members of 9
congregation, &C., to their pastor, are taxa.
bic as income, provided such gifts, &C., are
given in compensation for bis services. eth.
or according to an understanding. to that
effect, or 10 An annual custom.
Losses incurred in one business cann6t
be set off against gains in another business. |
Every member Of firm or company |
must return his share Of profits therein,
| whether divided or not. Firms as such
will not make returns Of income.
Returns should be made and taxes assess.
ed upon the basis Of the currency in which
the taxes ars paid.
Coupons on railroad bonds are taxable as
/ l. A -