The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-15
OFFICIAL.

income
That section one hundred and seventeen be amended
by striking all after the enactng clause endnserng
in lieu thereof the following "That in estimating the
annual gains profits and income Of any person. all
ona State county and municipal taxes paid within the
year shall be deducted from the gains profits income
Of the person who has actually paid the same whether
ceived for services in the civil military naval or other
service Of the United States including sephto repesen
and delegates in Congress above inc rate Of sx
person for the rent Of the homestead used occupied by
himself or his family andths rental value Of any home
his own right or IN the Fight Of his wife, shall not BE- In
cuded and assessed part Of the income OF such person
In estimating the annual gains profits or income Of any
person. the interest received accrued upon oil notes.
bonds and mortgage or other lorna Of indebtedness
bearing interest," whether paid or not, II good and col
cta6e less the interest paid by or due from such per-
son. shall DO included and assessed a. part OF the income
OF such person for each year. and also all income gains
derived from the purchase and sale Of stocks other
puopep rea, or personal and o. ve stoSs and the
beef mutton or other meats, hay and gan other veg
stabe or other productions being the growth produce
uusod Or on hand during the year edns
the thirty first Of December until the shall be sold
snail Dc included and assessed as part Of the income Of
sucn person each year bis share OF the gains and
profits Of all companies whether incorporated part
nsrshp shall be included In estimating the annual gans
nLon or income Of any pcson entitled to the same,
rom income - aforesaid, when any person rents build.
lands or other property or hires labor V cultivate
incoa any other business ron winch such
tual incumbrancs thereon the amount actuay psifor
such rent labor or interest shall be deducted and also
the amount paid out for usual ordinary repairs not
exceeding the average paid out for such purposss for the
proceeding nve years. shall DO deducted but deduction
snail DC made for any amount paid out for new buildings
permanent improvements or betterments, made to In
crease the value Of any property or estats Horded
That In cases where the salary other compensation
RsS g any person IN ths OF service Of the
dollars per annum, shall BIO by fees or uncertain or
irregular In the amount or ID the time during which the
same shall have accrued or been earned such salary
compensation shall be included in estimating the annual
gains profits or income Of the person to whom the same
shall have been PAID in such manner the Commissioners
Of Internal revenue under the direction Of the Secretary
Of the Treasury may prescribe"
That section one hundred and eighteen be amended
by striking out all after the ensctng clause and inserting
in lieu thereof he words "That it shall be the duty OF
all persons Of lawful age to make and render list
turn in such form and may be prescribed by
the commissioner of internal revenue TO the assistant
sessor Of the district In which they reside of the
of their income gains and profits, a. aforesa and all
guardians and trustees whether executors admins
TRAITORS Of in any other auSs shall make and
SCISSOR of the district in which such guardian trustee
resides of the amount of income, gains, and profits Of
any minor or person for whom they act - guardian
trustee and the assistant shall require every
return to be verified by the oath affirmation Of
the party rendering IL and may iersase the amount Of
any list or RETURN he has reason to believe that the
10 undersated and In any person, guardian,
or trustee shall neglector refuse 70 make and render such
list return shall render false fraudulent list
return it shall BE- of the the assistant
to make such list according to the best infoma
ton he obtain, by the examination OF such person,
and his books and accounts any other evidence snd
to add twenty five per centum q penalty to the
amount of the duty due such list In ell cases Of wul
neglect refusal to make and render list or return
having been rendered, to add hundred per centu
penalty to the amount Of duty acertaned to be due
the duty and the additions thereto penalty to be as
assessed and collected the provided for in other
Of wfu neglect refusal to render list or re-
turn, Of rendering false and fraudulent retufn Pro
cided That any party in his or her own behalf or as
guardian trustee shall be permitted to declare under
oath affirmation the form and manner Of which shall
be prescribed by the commissioner Of internal revenue
that he she or hsor her ward or beneficiary wa, not
possessed Of an income of six hundred dollars liable to
be assessed according to the provisions OF this act
declare that he she has been assessed and paid
Of the United States upon his or her gains and pro
prescribed by law and if the assistant shall be
satisfied of the truth the declaration shall thsreupon be
or return Of any party shall have been increased by the
assistant assessor such party exhibit his books and
accounts and be permitted to prove and declare uudei
oath or affirmation the amount Of annual income liable
to be assessed but such oaths and evidence shall not bs
considered conclusive of the facts and deductions
claimed in such cases shall DO made or allowed until ap
proved by the assistant Any person feeling
geved by the decision OF the assistant in suc
may appeal to the of the district and hi
decision thereon unless reversed by tho commissioner
internal revenue shall be ana and the form, time
Of proceedings shall be subject to rules and regu
latons to be prescribed by the commissioner Of nterna
revenue"
That section one hundred and nineteen be amended b,
striking out the words for thirty days." and after tn,
words for ten days after" inserting the words "notic
and" 81 i ~ p
That section one hundred and twenty be amsuded b.
striking out at the end thereof the word "ac and In
serting in lieu thereof the word section
That section one hundred and twenty-five be amended
by striking therefrom the word and following thu
word "custody" and inserting In lieu thereof the WORD
"any."
That section ono hundred and thirythsss be amsndst
by adding at the end thereof the following words Pro
pded That duty shall be levied in respect Of any
this act where the shall be the wife 81 the pre-
decessor." 80 49,. III 80
That section one hundred and thirtyAvs BE- amended
by striking thereom the word extension" and insert
ing in lieu thereof the word extinction"
That section one hundred and be amended By
striking out the word EASEMENT" aud inserting In Lien
thereof the word assessment Ill 1.ii ife "a
That section hundred aud ftyeight be amended b.
striking out all after the enactng clause and inserting II
lieu thereof the following, towt "That any person OF
70 be made signed OF Issued any instrument document
paper Of any kind or description whatsoever or shall
accept negotiate or pay or cause to be accepted nsgo
tiated or paid any bill OF exchange, draft or order o.
promissory note for the payment of money, without
same being duly stamped or having thersupon an adhs
,s stamp for dnn.n the duty %
such offence forfeit the sum Of fifty dollars, and such IN
strument document or paper, BILL draft order or note
That the title Of purchaser Of land BY deed duly
stamped shall not be defeated or affected by the want Of
proper stamp deed conveying said land ny any per
from, through under whom his grantor claims OF
holds title: And prouded, further. That hereafter, In all
where the party has not affixed to any instrument
[ss required by the hundred and ynrst section Of
the act of June thrtieh, eighteen hundred and sixty
four the schedule marked thereunto ANNEXED, ana
the stamp thereby required to be thereunto at
time Of making or issuing the said instrument and he o.
they any party having interest therein shall DO sub
sequenty DESTROYS Of axng such stamp 10 said tnstru
ment he they shall appear before the collector OF the
revenue of the proper dstrct who SHALL upon the pay
ment of the price Of the proper stamp required BY law
amount Of the duty denoted by the stamp required shall
exceed the of fifty dollas payment also Of inter
at the rate of SIX cent said duty rom the DAY
on which such stamp ought to have been afxed ex the
prop stamp to such instrument and note upon ne mar
fact that such penalty has been paid and such nstru
ment shall thereupon be deemed and held to be valid
to all intents and purposes istamped when made or
issued And provided further, That where It shall APP
pear said collector upon oath or otherw 70 MS .a.
sfaction that any such instrument has not been duly
stamped at the time Of making or issuing the same py
reason ofaccdent mistake inadvertence or urgent
cessity and without any wlfl design to defaud the
United States the stamp duty or to evads or Delay
payment thereof then and in such case such nstru-
ent shall within twelve calendar months after the ma
king or issuing thereof be brought to the said collector 81
revenue to be stamped and the stamp duty cnrgease
thereon shall be paid it shall be lawful for the said col
scor to remit the penalty aforesaid and 70 cause sucn
That section one hundred and sixty be amended by IN
eerting before the word injury the word accidenta
and by striking out the words "whils traveling also
BY striking out after the words nor on the
word "or" and inserting in lien thereof the wora .0
and by striking out the words othsr articles, and In
ssrting In lieu thereof the word "hay."
That section one hundred and sxtyfve BE- amended
striking out In the proviso the words act contained