The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1865-08-29
DAILY NEWS.
TUESDAY 3ORNING, AUGUST 80, 1865.
Internal Revenue.

Internal Revenue.
Tho Washington correspondence of the New
York Herod, of 22d, has the following:
INTERNAL REVENUE RECEIPTS
Tho internal revenue receipts since Julv
amount to within fraction of forty-fyc million of
dollars. 1t il estimated that the receipts for tho
quarter ending September 80 will exceed sixty
millions. '
INTERNAL REVENUE DECISIONS.
The Commissioner Of Internal Revenue has ad-
dressed tho following to Sheridan Shook, Collector
Of the Thirty-socond district Of New York:
WASHINGTON, August %. 1865
Sm.-I have been informed that the opinion pre-
walls to sono extent among tho bankers and bro
keis Of your city that tho provisions OF the third
collectors to deposit daily in the Treasury ali
moneys received by them for intenal duties, super
s9de tho PROVISIONS Of section foryfour Of the act
ofJune S0, 1864, which authorizes tho Commits
soncr Of Internal Revenue to remit. refund and
pay back all duties erronneously OF Illegally
excessive in amount and therefore that it will not
be IN tho power of the Commissioner of Internal |
,sS;c ISxShae TO pay back at future time the taxes
been illegally assessed and collected. A brief ex-
animation and comparison of the two sections re-
1errcd to will show this apprehension to be with
out foundation. The act Of March 3, 1866, is an
amendatory act, and repeals only such provisions
OF former enactments as are inconsistent with the
amondment ISee section 1G, to require daily de-
posits Of all collections by each collector and not
inconsistent with the provision authorizing the re-
ifn-i
properly collected.l The authority Conferred
npon the Commissioner to refund such taxes by
drawing his draft upon the Collector OF Internal
Kevenue is inconsistent with the provision requir-
ing such Collectors to deposit all collections I'M the
treasury. 1t becomes necessary, therefore, not 2
to refuse repayment in such cases but to substiI
tute another mode; and taxes collected erroneous 3
~ are now refunded with as much promptness as
before the act Of March 8, 1865, took effect The
sloner to draw against moneys in the hands of col
iectors authorized the Secretary of the Treasury
20 prescribe regulations under which taxes erro-
heousiy coHected could be refunded, and these G
regulations have been changed to meet the re- b
Gurements OF the amended law. The Commits s
sloner ls now required to make application, from =
time to time to the Secretary to have the neccs- +
aary sums placed to his credit with the Assistant a.
treasurer i at New York, upon which he draws in II
ihS manner as the moneys were in the hands Of O.
collectors 1t will be seen, therefore, that neither :
the ability to pay nor the facility with which such
ges degree By he opsraten hss SSen
OF the act of March 80, 1866 C.
WILLIAM oRToN, Commissioner. =
The Commissioner of Internal Revenue this
morning made the following decision: an
Vessels not regarded rs merchandise within an
the 1he meaning OF section SO of the Act of June 80
1854, and tho tax of eighth of one per centum &C
imposed ny said section upon the sales of mer- =.
chandise is not to be imposed on the sale of yes
sells. N'''0 '- ''' :
The following decision was made in regars co
The sale Of photographs: =
Where party pays, say three dollars and sew c.,
enty-fye cents for dozen photographs or sun o''
pictures the person who sells or delivers the pic p
lures must affix three cent stamp to each. The Si
pretence that the first picture is worth @ dollar, "
ind hence requires five cent stamp, while, each
If the remaining eleven is worth but twenty-five Ste
cents, and consequently requires two cent stamp.
evasion of the law which cannot be tolerated. sh
In regard to dividends, the Commissioner has M %
'endered the following decision: SCI
1t is held by this Office that all dividends declared
any Of the institutions mentioned in section 100
u the Excise law, since the 1st Of July, 1864 are
subject to the tax of five per centum without re- re-
gard to tho time when the profits upon which such
]ivdends are based were earned. g.
The following in regard to blacksn1iths was pro- Ca
nulgated this morning: Br
Where q backsmith's annual receipts, whether th
lerived from work done from repairs (sec-
ion No. 94, from increased value given to horse
hoes partly finished by more completely finishing
hem (section No. 95), or from all those sources
combined, exceed one thousand dollars, he re-
luires manufacturers license; but receipts de-
lived from the mere act of shoeing horses should
not be included in the amount, since the mere ~
,hoeing Of horses is not manufacture. tu
pcntl, OF Oldest ConspfrntOr. LEI