The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-02-21
PUBLIC ACTS
Passed at the first Session ef the I'd Congress of
the Confederate States
AN ACT TO AMEND THE TAX LAWS.

!
1 AN ACT TO AMEND THE TAX LAWS
The Congress of the Confederate States of Americs
do enact That the rst second and third sections Of
the Act to levy additional taxes for the common ee'
fence and support of the Government approved l7tf
February 1864 be amended and re-enacted, so as tc
read as follows, to-wit:
Section l That in addition to the taxes levied BY
the "Act lay for the common defence and to
carry the Government of the Confederate States,
approved April twenty fourth, eighteen hundred and
sixty-three there shall be levid from the 18th day oil
February, 1854 the subjects OF taxation hereinafter
mentioned and collected from every person, copart-
nershp, association corporation, liable therefor
| taxes af follows, to-wit:
l. Upon the vslue of all property, real, personal
and mixed of every kind and description, not herein
after exempted taxed different rate, per cent
Provided that from the tax the value of property
employed in agriculture shall be deducted the valne OF
the tax in kind derived therefrom during the same
year, assessed under the law imposing il, and de-
livered to the Government, whether delivered during
the year or afterwards, including the bacon, devera
BILE after and prior to, the assessment of the tax
property employ ed in agriculture as aforesaid and
the collection of the tax such property shall be sus
pended after assessment under the order OF the Sec
rotary of the Treasury until the value of the 1.-THE
| be deducted can be ascerained, and when ascer-
tained it shall be the duty Of the post quartermaser
certify, and of the district collector to deduct, the
| value of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor authorized
by the "Act reduce the currency and to authorize
a Issue of notes'and bonds" in like manner as
| 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
ILL., The value of property taxed under this section
shall be assessed the basis of the market value Of
the same, similar property in the neighb orhood
where assessed, in the year 1850, 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 for the by the owner Provided, That land
purchased by refugees and held and occupied by them
for their and residence, shall be assessed
cording to its market value in the year 1880
Sec q That section second of an act entitled "An
levy additional taxes for the common defence
and support of the government" approved 18th Feb
ruary 1854 be- and the is hereby, repealed; and
it is hereby declared that all the property
of corporations, associations and joint stock compa
MES every description whether incorporated not
shall be assessed and tai ed I'm the manner and
to the same extent as the property and assets of ind
viduals the tax such property and assets to be
sessed against and paid by, such corporations, asso
Citations and joint stock companies: Provided, That
40 bank or banking company shall be liable pay
tax upon depostes of money the credit Of and sub
iec to the checks of, others: Provided further That
the stock shares interests representing property
assets in corporations joint stock companies
soeiaons shall not be assessed or taxed: And prov-
ed further, That all property within the enemys
lines be- and the same Is hereby, exempted from all
taxation long it remains in the enemy's lines.
Sec 8. That para graph of section three of an
act entitled "An act to levy additional for the
common defence and support of the government, APP
proved 9TH February 1864 be, and the same is here
bv amended and enacted, to read as follows:
Upon the amount all gold 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 be paid in SPECIE Confederate trea
sury at their valEe compared with specie at
the time the tax payable the relative value of spe
Confederate treasury 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
entitled AN act to lay taxes for the common de-
fence and carry the Government of the Confederate
Sta,es,'" approved 9TH February, 1854, be, and the
same is hereby, amended, SO as to read as follows:
I. The income, property and money, other than
confederate treasury notes, of hospitals asylums,
churches, schools colleges aud other charitable inst
ons 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 frc m tax
alton except on the income.
H. That paragraph g. sec. T. fhe act be and the
same is hereby amended by adding thereto follows:
"If any person shall fail to make due return, re-
quired by said section of the income profits taxed
under any law Congress- or in case of disagreement
with the assessor to submit the referees,
provided by law shall fail refuse pay the tax
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 make payment or
ference of the enemy the absence neglect of the
officers charged with the and collection of
taxes"
Sec S. That this act shall not be so construed as to
subject taxation corn bacon and other agricultural
products which produced in the year 1868, and
in the possession Of the producer the 18th of Feb
1854, 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 That section 4, paragraphs and O. of the act
approved 18th February 1864, entitled IAN act to levy
additional taxes for the common defence and support
OF the Government" be amended levy addi-
tional tax of thirty per upon the of all
profits made by selling the articles mentioned in the
said paragraphs between the l7th day of February,
1854 and the LIST day of July next which additional
tax shall be collected under said act.
Sec T. That all treasury notes of the old issue,
of the denomination of five dollars exchanged for
new prior the LIST day of January 1865, and
which may remain outstanding that day, tax of
one hundred per cent. is hereby imposed.
Sec. g. That section of an act entitled Gan act
to levy additional taxes for the common defence and
support of the Government" approved 18th February
1854 be- and the is hereby, repealed and the fol-
lowing inserted in lieu thereof |
l. That the first section of the Act to lay taxes for
the common defence and carry the Government |
of the Confederate States approved oath April 1863,
is suspended for the year 1864.
ii. In all cases where is levid income de- |
rived property real personal and mixed of every
description, the amoant or value Of which an dd
paIore tax is laid the Qd rdlorem shall be deduct
ed from the income tax: Provided, That in case
shall less be paid than the dd pdiorem tax.
ILL., In the assessment of income derived from man
Aka