The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-02-14
PUBLIC ACTS
Passed at The first Session Of tie 2d Congress
the Confederate ,States.
AN ACT TO AMEND THE TAX LAWS.

the Act to levy additional taxes for the common de-
fence and support of the Government approved 18th
February, 1864 be amended and re-enacted, as TO
read follows, to-wit:
Section l. That, in addition to the taxes levied by
the "Act lay for the common defence and TO
carry on the Government of the Confederate States
approved April entJ- fourth, eighteen hundred and
sixty three there shall be levid from the 7th day of
February 1864 the subjects OF taxation hereinafter
mentioned and collected from every person, copart-
nership association corporation, liable therefor,
taxes af follows, to-wit:
i l. UPON the value of all property real, personal
and mixed of every kind and description, herein
after exempted or taxed different rate, per
Provided that from the the value of property
employed in agriculture shall be deducted the value of
the tax in kind derived therefrom during the same
year. as assessed under the law imposing it, and de-
livered to the Government, whe her delivered during
the year or afterwards including the bacon, delvera-
BILE after and prior to, the assessment of the tax
on property employ ed in agriculture aforesaid: and
the collection of the such property shall be
pended after assessment under the order of the Sec
rotary of the Treasury until the value of the tthe to
be deducted can be ascertained and when so ascer-
taned it shall be the duty Of the post quartermaster
certify and of the district collector TO deduct, the
value such 1.-THE, and any balance found due may
be paid bonds and certificates therefor authorized
by the "Act to reduce the currency and TO authorize
issue of notes and bonds" in like manner as
other payable during the year: Provided, That
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.
I'LL The value of property taxed under this section
shall be assessed on the basis of the market value of
the same, similar property in the neighborhood
where assessed, in the year 1860, 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
so purchased shall be assessed at the price actually
paid foT the by the owner: Provided, That land
purchased by refugees and held and occupied by them
for their and residence shall be assessed &C
cordng to its market value in the year $50.
Sec. O. That section second of an act entitled "An
act to levy additional taxes for the common defence
| a nd government"
ruary 1864 be- and the same is hereby repealed and
it hereby declared that all the property ana assets
of corporations associations and joint stock compa
MES of every descriptions whether Incorporated not,
shall be assessed and taxed in the manner, and
the extent, the property and assets of ind
viduals; the tax such property and be
sessed against, and paid by, such corporations
| Citations and joint stock companies: Provided That
bank or banking company shall be liable to pay
tax upon deposes of money to the credit of and sub
iect to the checks Of others Provided further That
stock shares interests representing property or
in corporations joint stock companies or as
soea1ions, shall not be assessed taxed And provi
| Ged further That all property within the enemys
liues be, and the same is hereby, exempted from all
taxation long it remains in the cnemy's lines.
Sec 3. That paragraph of section three of
act entitled SAN act to levy additional taxes for the
common defence and support of the government, APP
proved 18th February 1864 be- and the is, here
by amended and enacted, as to read Gs follows:
Upon the amount of all gold and silver coin gold dust
gold silver bullion moneys held abroad or bills of
exchange drawn therefor promissory notes, rights,
credits and securities payable In foreign countries,
FIVE per be paid in specie, Confederate rea
sury at their value, compared with specie at
the time the payable; the relative value of spe-
Gle and Confederate treasury notes for the purpose of
payment under this act to be fixed by regulations TO
be prescribed by the Commissioner of Taxes, under
the drection of the Secretary of the Treasury.
| Sec. 4. Thai section sixteen of the "Act to amend
act entitled An act to lay taxes for the common de-
fence and carry the Government of the Confederate
States," approved 18th February, 1864, be, and the
same is hereby, amended, SO as TO read as follows:
I The incomes property and money, other than
Confederate treasury notes Of hospitals, asylums,
churches schools colleges and other charitable ns
tions shall be exempted from taxation under the pro-
visions of this act, any other law The properly of
companies formed under the act entitled IAN act to
establish volunteer navy, shall be exempt fTt IN tax
alton, except on the income.
H. That paragraph 7, of the act be and the
same is hereby amended by adding thereto follows:
of any person shall fail to make due return, as re-
qured by said section, of the income profits taxed
under any la of Congress- in of disagreement
with the assessor, submit the same referees,
provided by law shall fail refuse to pay the tax
thereon within such time shall be prescribed by
public notice, by the district collector, under the d.
recton 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 fall or has tailed 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 s. That this act shall not be so construed as to
subject taxation corn bacon and other agricultural
products, which produced in the year 1863, and
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
taxes kind have been deducted and delivered paid
Sec. 6. That section paragraphs and q of the act
approved nth February, 1864, entitled Gan act TO levy
additional for the defence and support
of the Government be amended to levy addi-
tional of thirty per cent upon the amount Of all
profits made by selling the arces mentioned in the
said paragraphs, between the Eta day of February
l864 and the LIST day of July next, which additional
tax shall be collected aader said act.
Sec 7. That all treasury of the old issue,
of the denomination Of Eve dollars not exchanged for
which may remain outstanding that day, tax Of
one hundred per cent. is hereby imposed.
Sec. g. That section of act entitled Gan act
to levy additional taxes for the defence and
support of the Go ernmenta approved nth February,
864 and the same is hereby repealed, and The fol-
lowing inserted in lea thereof
l. Tia. he first section of ehe "Act to lay for
the common defence and to carry on the Government
of the Confederate States, approved Path April 1853
is su spended for the year 1864.
H. In all where tax is IeFid on income de- /
rived from property real personal and mixed OF every
description the amount or value of which an dd
vaIorera tax is laid the ad Udlorsm sha be deduct
ed from the income, tax: Provided, That in no case
shall less be paid than the dd rakoren tax.
III. in the of income derived from man.
ufacturing mining there shall be deducted from the
gross profits, the necessary annual repairs
not exceeding per cent. the amount OF the in
come derived therefrCm. And. in addition to the de-
ductions now aloy ed by law in The assessment of in
comes derived any source. the following shall be
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