The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-01-10
PUBLIC ACTS
Passed at The first Session Of the 2d Congress q
the Confederate States.
AN ACT TO AMEND THE TAX LAWS.

.
fence and support of the Government, approved 18th
February 1864, be amended and re-enaced, SO as to
read as follows, to-wH:
| Section L. That in addition to the taxes levied by
the 'tAct to lay for the common defence and to
carry on the Government of the Confederate States,
approved April twenty fourth eighteen hundred ana
sixythree there shall be evid from the 18th day OF
February 1864 the of taxation hereinafter
] mentioned and collected from every person, copart-
nership association corporation, liable therefor,
taxes af follows, tO-wiG
j. |. 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 that from the tax on the value OF properly
EMPLOYED in agriculture shall be deducted The value OF
the tax ia kind derived therefrom during the same
year. as assessed under the law imposing IT, and ce-
lvered to the Government Wheeler delivered during
the year or erwards including the Bacon delivera-
BILE ter and prior the assessment OF the tax
property employ in agriculture as aforesaid: and
the collection of the tax such properly shall be sus-
pended after assessment under the order OF the Sec
retarv of the Treasury until the value of the 1.-THE TO
be deducted can be ascertained, and when so ascer
tanned shall be the duty OF The post err
to certify, and of the district collector to deGuct, 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 and to authorize
new issue of notes and bonds, In like manner as
other taxes PAYABLE during the year: Provided, That
no credit shall be allowed beyond five per cent
H. On the value OF gold and silver ware and plate
Jewels, ewelry and watches, ten per cent.
H. 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 neighborhood
where assessed in the year $780, except IN cases
where lands slaves, cotton and tobacco have been
purchased since the first day of January. 1862 in
which the Said land slaves, cotton and tobacco
purchased shall be assessed at the price actually
paid for the by the owner Provided, That land
pur by refugees and held and occupied by them
for their own and residence shall be assessed ac
cording TO its market value in the year 1860.
Sec Q That section second of act entitled 'tAn
act to levy additional for the common defence
and support of the government, approved 18th Feb
ruary 1864 be- and the same is here by repealed; and
it is hereby declared that all the property AMI assets
Of corporations associations and joint stock compa
mics every Gescrption whether incorporated not
shall be assessed and taxed in the manner, and
to the the property and assets of ind
vduas the tax such property and assets to be as
sessed against, and paid by such corporations GssO
Citations and joint stock companies: Provided, That
bank or banking company shall be liable tc pay
upon deposites ofmoney to the credit Of and sub
iect the checks of, others: Provided further That
the stock shares or interests representing property or
assets in corporations joint stock companies
soeiations shall not be assessed or taxed: And Prov
9ed further, That all property within the enemys
lines be, and the is hereby exempted from all
taxation so long it remains in the cnemys lines
Sec. 3. That paragraph of section three of an
entitled "An act to levy additional taxes for the
common defence and support of the government, aP-
proved 18th February, 1864 be- and the samels here
by amended and re enacted so as to read as follows
Upon the amoun OF all gold and silver coin go6 dust,
gold silver bullion moneys held abroad, or bills of
exchange, drawn therefor, promissory notes, rights,
credits and securities, payable liz foreign countries,
five per cent be paid in specie, Confederate tea-
sury notes at their value as compared with specie
the time the payable; the relative value of spe'
Gle and Confederate treasury for the 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. A. That section sixteen of the '.Act to amend
entitled "a act to lay taxes for the common de-
fence and carry the Government of the Confederate
Staes'@ approved 18th February, 1864, be- and the
same is hereby, amended, SO to read as follows
The income, property and money, other than
Co nfedeFate easury notes, Of hospitals asylums,
churches schools colleges and other charitable ins-
tions shall be exempted from taxation under the pro-
visions of this any other law. The property of
companies formed under the act entitled ''An act to
establish volunteer navy, shall be exempt t III tax
alton, except on the income.
H. That paragraph Z the act, De and the
same is hereby amended 10y adding thereto follows:
'If any person shall fail to make due return, as
quired by said section of the income profits taxed
under any law of Congress, or in of disagreement
with the assessor submit the referees, as
provided by law shall fail refuse to pay the tax
thereon, within such time shall be prescribed Ivy
public notice by the district collector, under the d.
rection Of the Commissioner of Taxes, such person
shall be deemed and held 20 be in default: Provided.
such person shall not be deemed and held be in de
fault who may fall has failed to make payment or
due returns in consequence of the presence inter
ference of the enemy the absence neglect of the
officers charged with the and collection Of
taxes"
See 5. That this act shall not be construed to
subject to taxation corn bacon and other agricultural
in the possession of the producer the 18th of Feb
1864, and necessary for the support of himself and
family during the present year, and from which
in Kind have been deducted and delivered paid
Sec 6. That section paragraphs and 2 of the act
approved 18th February 1864, entitled "An act 10 levy
additional taxes for the common defence and support
Of the Government be amended levy addi-
tona tax Of thirty per cent. upon the of all
profits made by selling the arIices mentioned in the
said paragraphs. between The I'M day of February,
864 ana the LIST day of July next, which additional
tax shall be collected under said act.
Sec. l. That all treasury of the old issue,
the denomination of FIVE dollars exchanged for
issue prior to the ist day of January, 1865, and
which may remain outstanding that day, a of
one hundred per cent. is hereby imposed
Sec. s. That section Of act entitled "An act
levy additional taxes for tie common defence and
support of The Government, approved 18th February,
1864, be- and the same is hereby repealed, and the fol-
lowing inserted in lieu thereof
|. That The first section of the Aci 10 lay taxes for
the common defence and to carry on the Government
Of the Confederate States approved 24th April 1862
is suspended for the year 1864
II. In all cases where is levid income de-
rived from property real personal and m-ed of every
description, on the amount value Of which ad
ed from the income tax: Provided. That N case
shall less be paid than the ade0iOrena tax.
H. In the assessment of income derived from man
naciuring mining, there shall be deducted fromth
gross income profits the necessary annual repairs,
exceeding OIL per cent. the amount OF the in
derived therefr0n. Aud in addition to the de-
ductions allowed by law in the assessment of in
derived from any source, the following shall be
made namely The Confederate taxes actually paid by