, 1865-04-14

NoTCE is hereby given that on and after the 1st
IN day of April 1866, will proceed to make the
annual assessment bf income for the year ending
Dec 81, 1864, for licences and all other annual
sessments for the year ending April 30th 1866. For
the information of all concerned the following sec
ton of the excise act Of June 3Oh 1862, is inserted
''Sec. III Ind be ii further enacted That there
shall be levied, collected and paid annually upon the
annual gains, or income fevery person residing in
the United States, OF ofany citizen Of the United
States residing abroad whether derived from any
kind ofproperty, rents, interests, dividends sala-
RES or from any profession, trade, employment or
vocation, carried oil in the United States or else
where, or from any other whatever except
hereinafter mentioned if such annual gains
profits, or income exceed the sum of six hundred
dollars duty of five per centum on the excess over
six hundred dollars and not exceeding five thous.
and dollars and duty ofseven and one half Of ono
per centum per annum on the excess five thous'
and dollars and not exceeding ten thousand dolars
and duty OF ten per centum on the excess over ten
thousand dollars. And the duty herein provided
for shall be ass essed collected, and paid upon the
gains, profits, or income for the year ending the
3lst day of December next, preceding the time for
levying collecting and paying SAID duty; Pro0ideG,
That income derived from interest upon notes,
bonds, and other securities Of the United States,
shall be included in estimating incomes under this
section: ProCided, That only one deduction Of six
hundred dollars shall be made from the aggregate
incomes Of all the members Of any family composed
of parents and minor children, or husban1 and wife
except individual estate, gains labor Of the wie
And prOUided further, That net profits realized by
sales ofreal estate purchased within the year for
which income is estimated shall be ehareeabe as
ncome and losses sales of real estate purchased
within the year for which income is estimated shall
be deducted from the income Of such year"
The following instructions of circular relative TO
the annual list is inserted for the information of all
persons concerned, and show the necessity of prompt
ness in the assessments
TREASURY DEPARTMENT, OFFICE OF Int. REV.
WASHINGTON, Feb. 22d, 1864.
In order to insure an early completion ofthe an
ms list for will
sisants at to begin the collection of returns in
their respective divisions Although tax PAYERS are
authorized to delay making return until the first
Monday of May, those who have not made return by
that day will 5e liable to assessment under the pro-
vision Of section II (l4. Assistant Assessors will
transmit all returns to the Assessor after entering
theamOunts in their assessment books. AS soon af-
ter the first Monday in May practicable, each As
sisant Assessor will make out his alphabetical list
and deliver the same 10 the Assessor. By the l4th
QS) section of the excise law this list is required to
be delivered within thirty days after the first Monday
in May. The same section provides that any Assis-
tant who fails to perform this duty within the time
prescribed, not being prevented by sickness or other
unavoidable accident, shall be discharged from Office
and shall moreover, forfeit and pay two hundred
dollars, with costs ofsut. 1t is hoped that no
sion will arise for the enforcement Of these penalties
Form No IL should he distributed at the
time with forms "a and ~, and applications for IL
cences should be received at the same time with
turns of income and articles in schedule A.
Blank forms for the return ofincome, with explain
atory notes. which will aid parties in making up their
returns will be delivered sent to all parties liable
by the Assistant Assessor of the respective divisions
and should any further explanation be necessary, it
will be ths duty Of The Assistant Assessor iupart
the same upon application.
| ! cannot too earnestly urge prompt and full com
piance with the requirements of the law and by so
doing it will not become necessary to nhict the pen
aties provided fora neglect or other cause. It is
made my imperative duty to enforce the law, and
where parties become liable, from neglect or other
wise, to impose its penalties.
JOHN @. SPARKS,
U. s. Assessor, WI.
March 81, 1865. lew2