The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-03-07
PUBLIC ACTS
Passed al the first Session Of tie Cd Congress
the Confederate States.
AN ACT 10 AMEND THE TAX LAWS.

the Act to levy additional taxes for the de
fence and support of the Government, approved I'll
February, 1864, be amended and re-enacted, as Il
read as follows, to-wit:
Section l. That, in addition to the taxes levied b.
the "Act to lay taxes for the defence and Il
carry the Government of the Confederate States,
approved April twenty -foarth eighteen hundred
sixty three there shall be levd from the 18th day
February, 1864, the subjects oftaxation hereinafter
mentioned, and collected from every person, eopar
nership, association or corporation, liable therefor
taxes af follows, to-wit:
+ l. Upon the vslue of all property, real persona
and mixed, of every kind and description, herein
after exempted taxed different rate, 5per cent
Provided, that from the the value of property
employed in agriculture shall be deducted the value
the in kind derived therefrom during the same
year; assessed under the law imposing it, and de-
ivered to the Government whether delivered during
the year afterwards including the bacon delivera
BILE AFTER and not prior to- the assessment of the
on property employed in agriculture aforesaid and
the collection of the tax such property shall be
pended after assessmen under the order of the Sec
rotary of the Treasury, until the value of the 1.-THE to
| be deducted can be ascertaned and when so ascer-
taned it shall be the duty of the post quartermaster
to certify and of the district collector to deduct the
value OF such tithe and any balance found due may
be paid in bonds and certificates therefor authorized
by the "Act to reduce the currency and to authorize
a new issue of notes and bonds" in like manner as
other taxes payable during The years Provided, That
no credit shall be allowed beyond five per cent.
ii. On the value of gold and silver and plate
| jewels, jewelry and watches ten per cent.
Ill The value of property taxed under this section
shall be assessed on the basis of the market value of
the same, or similar property in the neighborhood
where assessed, in the year 1850, except in cases
where lands, slaves cotton and tobacco have been
purchased since the first day of January. 1869, in
which case the said land slaves, cotton and tobacco
purchased shall be assessed the price actually
paid for the same by the owner: Provided That land
purchased by refugees and held and occupied by them
for their own and residence, shall be assessed
cording to its market value in the year 1860.
Sec. 2. That section second of act entitled "An
act to levy additional taxes for the defence
and support of the government" approved 18th Feb
ruary, 1854 be- and the same is hereby repealed and
it is hereby declared that all the property ana
of corporations associations and joint stock compa-
mics, ofevery description, whether inc orporated not
shall be assessed and taxed in the same manner, and
to the extent the property and assets of ndi
Yduals the such property and assets to be
sessed against and paid by, such corporations
Citations and joint stock companies Provided, That
no bank or banking company shall be liable pay
upon deposes ofmoney to the credit of, and sub
ject to the checks Of others Provided further, That
the stock shares interests representing property
assets in corporations joint stock companies
soeations, shall be assessed taxed: And provi
Ged further, That all property within the enemy's
lines be, and the is hereby, oted from all
taxation long it remains in the enemys lines.
Sec. 8. That paragraph of section three of an
entitled An act to levy additional taxes for the
defence and support of the government" APP
proved Nth February, 1864 be- and the is, here
by amended and enacted, to read follows
Upon the all gold and silver coin, gold dust
gold silver bullion moneys held abroad bills of
exchange, drawn therefor, promissory notes, rights
credits and securities payable in foreign countries
FIVE per cent be paid in specie, Confederate
sury notes at their value, compared with specie
the time the tax payable; the relative value of spe
Gle and Confederate treasury notes for the purpose of
payment under this act to be fixed by regulations
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
act entitled AN act to lay taxes for the
fence and carry the Government of the Confederate
Staes,'" approved 9TH February 1864 be, and the
same is hereby, amended, to read as follows:
I. The income, property and money, other than
Confederate treasury notes, of hospitals, asylums,
churches schools colleges and other charitable ins
tions shall be exempted from taxation under the pro-
visions of this act any other law. The property OF
companies formed under the act entitled IAN act to
establish volunteer navy, shall be exempt fro tax
alton, except on the income.
H. That paragraph g. Sec T. of act, be and the
same is hereby amended by adding thereto follows:
"If any person shall fan make due return rs re-
qnired by said section of the income profits taxed
under any law of Congress, in of disagreement
with the assessor submit the TO referees as
provided by law, shall fail refuse pay the
thereon, within such time shall be prescribed by
public notice, by the district collector, under the di
rection of the Commissioner of Taxes, such person
shall be deemed and held to be in default: Provided
such person shall not be deemed and held to be in de-
fault who may fail, has failed to make payment
due returns, in consequence of the presence inter-
ference of the enemy the absence neglect of the
officers charged with the assessment and collection of
taxes" a
Sec. 5. That this act shall not be construed to
subject taxation corn bacon and other agricultural
products which produced in the year 1868, and
in the possession of the producer the 7th of Feb
1864, and necessary for the support of himself and
family during the present year, and from which
taxes kind have been deducted and delivered paid
Sec That section 4, paragraphs and g. of the act
approved 18th February 1864, entitled "An act levy
additional taxes for the defence and support
of the Government, be amended to levy addi-
tional of thirty cent upon the amount of all
profits made by selling the articles mentioned in the
said paragraphs between the Eth day of February
1864 and the LIST day of July next, which additional
tax shall be collected under said act.
Sec. That all treasury of the old issue.
of the denomination of five dollars not exchanged for
new issue prior The LIST day of January 1865, and
which may remain outstanding that day, tax Of
one hundred per cent. is hereby imposed.
Sec 8. That section of act entitled "An act
levy additional taxes for the common defence and
support Of the Government approved 18th February,
1864 be- and the is hereby, repealed and the fol-
lowing inserted in lieu thereof
/. That the first section of the "Act TO lay for
the common defence and to carry the Government
of the Confederate States" approved cath April 1863,
is suspended for the year 1864
II. In all where is Ierid income de- |
rived from property, real personal and mixed of every
description, the amount or value Of which dd
soorem is laid the Gd ralorem tax shall be deduct
ed from the income tax: Provided, That in case
shall less be paid than the od raiorem tax.
III. In the of income derived from man.
ufacturDg mining there shall be deducted from the
gross income profits the necessary annual repairs
not exceeding per cent the amount of the in
derived tberefrom And, in addition to the de-
auctions allowed By law in the assessment of in
comes derived from any source, the following shall be