The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-01-31
PUBLIC ACTS
Passed at the first Session Of tie I'd Congress of
the Con tederate States.
AN ACT TO AMEND THE TAN LAWS.

| AN ACT TO AMEND THE TAX LAWS.
The Congress of the Confederate States of America
do enact That the first, second aud third sections OF
the ACT levy additional taxes for the common de-
fence nd support of the Government approved 18th
February 1864, be amended and re-enacted so 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 twenty fourth, eighteen hundred and
sixty three there shall be lerid from the 18th day OF
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 value of all property, real, personal
and mixed of every kind and description, not herein
after exem pied taxed at different rate per cent
Provided that from the tax on the valne 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 the Government, wheher delivered during
the year afterwards, including the bacon delvera-
BILE after nd not prior to- the of the tax
property employee in agriculture as aforesaid nnd
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 the TO
be deducted can be ascertaned, and when so ascer-
tanned it shall be the duty OF the post quartermaster
to 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
by the "Act reduce the currency and to authorize
new issue of notes and bonds in like manner as
other taxes payable during the years Provided, That
no credit shall be allowed beyond FIVE per cent.
H. On the value of gold and silver ware and plate
/ jewels, jewery and Watches ten per cent
III. The value of property taxed under this section
shall be assessed the basis of the market value Of
the same, similar property in the neighborhood
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
purchased shall be assessed at the price actually
paid for the same by the owner: Provided That land
purchased by refugees and held and occupied by them
for their and residence, shall be assessed ac
cording to its market value in the year 1860.
Sec. 2. That section second of an act entitled "An
act to levy additional for the common defence
and support of the government" approved 9Th Feb
ruary, 1864, be, and the is hereby repealed and
it hereby declared thar all the property AMI
of corporations associations and joint stock compa-
MES every description whether Incorporated not
shall be assessed and taxed in the same manner and
the extent the property and assets of ndi-
yiduals the tax such property and assets to be
sessed against and paid by, such corporations,
| Citations and joint stock companies Provided, That
| no bank banking company shall be liable to pay
tax upon depoites of money to the credit of and SUBJ
iect to the checks Of others Provided further That
the stock shares interests representing property
assets in corporations joint stock companies,
soeatons she'll be assessed or taxed: And provi
Ged further That all property within The enemy.s
lines be, and the same is hereby, exempted from all
taxation so long it remains in the enemys lines.
Sec. 3. That paragraph of section three Of
act entitled "An act levy additional taxes for the
common defenc' and support of the government, APP
proved It'll February, 1864 be- and the same is here
bv amended and enacted as to read as follows
Upon thc amount of all gold and silver coin gold dust
gold or silver bullion, moneys held abroad, or bills of
exchange, drawn therefor, promssory notes, rights,
credits and securities, payable in foreign countries,
five per to be paid in specie Confederate trea
sury notes at their value as compared with specie at
the time the payable the relative value of
Gle and Confederate treasury notes for the purpose OF
under this act to be liked by regulations TO
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
States" approved 18th February, 1864, be, and the
same is hereby amended, SO as to read as follows:
| l. The income, property and money, other than
Confederate treasury notes, of hospitals asy1ums,
churches schools colleges and other charitable :nsti-
tons, 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 fTt IN tax
! alton except on the income.
H. That para graph G. sec. ofthe act be and the
is hereby amended by adding thereto follows
''lf any person shall fail to make due return,
quired by said section of the income or profits taxed
under any law of Congress, or in case of disagreement
with the assessor to submit the to referees
provided by law, shall fail refuse to pay the tsx
thereon, within such time as shall be prescribed by
Bubic notice. by the district collector under the di
| recon of the Commissioner of Taxes, such person
shall be deemed and held be in default: Provided
such person shall be deemed and held to be in de-
fault who may fail, has failed to make payment,
due returns in consequence of the presence inter
ference of the enemy the absence neglect of the
officers charged with the assessment and collection OF
| taxes"
Sec s. That this shall be so construed to
subject to taxation corn bacon and other agricultural
products which produced in the year 1868, and
in the possession Of the prodacer the 18th of Feb
1864 and necessary for the support of himself and
family during the present year, md from which
taxes kind havebecn deducted and delivered paid
Sec g. That section =, paragraphs and 2 of he act
approved 18th February, 1854 entitled An act TO levy
additional taxes for the common defence and support
of the Government be amended levy addi-
profits made by selling the articles mentioned in The
said paragraphs between the l. nh day of February,
1864 and the st day of July which additional
tax shall be collected under said act.
Sec. I. That all treasury of the old issue,
of the denomination of Ave dollars not exchanged for
new issue prior to the LIST day of January, 1862 and
which may remain outstanding that day, tax of
one hundred per cent. is hereby imposed.
8. That section seven of an act entitled "a act
to levy additional taxes for the common defence and
support of the Government" approved 18th February,
1864 be- and the is hereby, repealed and the fol-
lowing inserted in lien thereof:
l. That the first section of the "Act to lay for
the common defence and to carry on the Government
of the Confederate States" approved Gath April 1863
is suspended for the year 1864.
III. In all cases where tax is levid on income de-
rived from property, real personal and mixed of every
description, the amount value of which dd
paore tax is laid the I'D Udiorem shall be deduct
ed from the income Provided That in case
shall less be paid than the dd raLorem tax.
Ill In the assessment of income derived from man.
ufacturing mining there shall be deducted from the