Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1865-08-17
ADVERTISEMENTS.

ADVERTISEMENTS.
sRe. ia, Ind be ii further enacted, That
there shall be Levied collected, and paid by any
persons firm, or com any, publishing any news
paper, magazine review, or other literary, scien-
tiicate, or news publication isued periodically,
on the gross receipts for all advertisements, or
all matters for the insertion OF which in sud
newspaper or other publication, as aforesaid,
or in extras, supplements, sheets, or fy-leaves
accompanying the same, pay is required or re-.
eeived, duty Of three per centum; and the per-
son or persons, firm or company, owning, pos
sesslng, or having the care or management of
any and every such newspaper or other publica-
tons as aforesaid, shall make list or return 90
the first day of Janu,Ty, April, July, ana o.
tober of each year, containing the gross amount
OF receips as aforesaid, and the amount of
duties which have accrued theron, and render
the same in duplicate to the assistant assessor of
the district which such newspaper, or other lit
erary or news publication is or may be publish
ed which list or return shall have annexed a
declaration, Affirmation, to the manner and
form which may be from time to time prescribed
by the Commissioner of Internal Revenue of
the owner, pos3esser, or person having the care
or management of seuh newspaper, magazine,
review, or other publicat on, as aforesaid, that
the same is true and correct and shall also
quarterly, within ten days after said list or a
turn, pay to the collector or deputy collector or
OF the district the tnll amount of duties. And
in case of neglect or refusal to comply with any
of the provisions contained in this section, or
TO make and render said list or return for the
space Of ten days after the tine when said list
or return, ought to have been made, as afore-
said, the assistant assessors of the respective dis
trlets shall proceed to estimate the duties as
heretofore provided in other casss of delinquent
cy: and in cas- of neglect or refusal to pay the
duties as aforesaid, for the space of ten days after
said duties become due and payable, and have
been demanded, sail owner, possessor, or person
or persons having the care or man cement OF
said newspapers or publications, as Aforesaid
shall pay, in addition thereto, a penalty of ten
per oentum on the amount due. And in case of
fraud or evasion, whereby the revenue is at
tempted to be DE- trauded, or the duty withheld,
said owners, poSsessors, or person or persons
having the care or management of said news
papers or other publications, as aforesaid, shall
forfeit and pay penalty of one thousand dollars
Tor each offence, or for any sum fraudulently
unacoounted for. And all provisions in relation
to this act in relation TO returns, additions, pen
aties, forteltures liers, assessments and colleC-
ton, not Incompatible herewith shall apply to
thissection and the objects herein embraced :
P0Utdsd That in all cases where the rate Or
rice of advertising is fixed by law of the United
Stats, State. or Territory, it shall be lawful for
for The company, person or persons, publish
ing said advertisements, to add the duty or tax
imposed BY this act to the price of said adVpr-
tiSements any law 20 the contrary notwith-
standing; aud that the receipts for advertise-
mems 70 the amount Oh SIX nundfed dollars
nually, by any person or persons, firm, or com
pany publishing any newspaper, magazine, re-
view, or other literary, scientific or news publ
ca ion, issued periodically, shall be exempt from
duty; Ind provided, That all newspapers whose
average circulation does not exceed two thou
saui copies shall be exempted from all taxes
for adyer tisements.
SEC. lis. and be al further enacted, That
whenever by this act any license, duty or tax of
any DESCRIPTION has be en- imposed on any per-
or q nor nod M r,rnn ri q
son, or incorporated or unIncorporated company,
having more t7an one place of business, it shall
be lawful fer the Commissioner of Internal
Revenue to prescribe and determ M in what dis
taict such tax shall be asssssed and collected
and to what officer thereof the official notices re-
qnired in that behalf shall be given, and OF
whom payment ofsuch tax shall be demanded
PrOUided That all taxes on manufactures, man
ufacturing corporations, shall be assessed and
the tax collected in the district within which the
place Of manufacture is lootted, unless other
wise provided
INCOME,
SEC 1l6. And be IL further enacted Ths!
there shall be levied, collect d. and paid annu-
ally gains, profits, or income of every person re-
siding in the United States residing abroad
whether derived from any kind of property
rents, interests, dividends, salaries, or from
any profession, traie, employment, or vocation
carried on IN the United States or elsewhere, OF
from al y other Source whatever, escept as here
matter mentioned, if such annual gains, profits
or income, exceed the sum of six hundred dol
lars and not exceeding five Thousand dollars
and duty of seven and one-halt Of one PEI
centum per annum on the excess over five thou
sand dlars, and not exceeding ten thousand
dollars and duty of ten per centum on the
excess over ten thousand dollars. And the du
ty herein providedfor shall be assessed, colleo ed
aud paid upon the gains, profits, or income 70
| the year ending the thirty-tirst day 0
| December ext,'preceeding the time for lev
wing, collecting, and paying said duty
Provided, That income derived from interest up
on notes, bonds, and other securities OF tn
United Stat shall be included in estimating in
comes under section: PROVIDED, That only on
deduction of six hundred dollars shall be mad
from the aggregate incomes OF all the member
of any family composed of parents and miao
children, or husband and wife, exempt in case
where such separate and individual estate, gains
or labor of the wife or child: and proVidst
further, That net profits realized by sales or req
estate purchased within the year for which in
come is estimated shall be ehargeable as il
come. and Losses on sales of real estate pur
chased within the year, for which income is es
timatej shall be deducted from the income G
such year
Sec. III, And be 1t further enacted, That i
estimating the annual gains, profits, or incom
of any person, all national, state, and munic
pal taxes, other than the national income tai
! lawfully assessed within the year upon the pr
| perty or sources of income of any person, 9
| aforesaid, from whichR said annual gains, prof
| or income is or should be derived, shall be d.
| Quoted lin addition to six hundred dollars, froI
| the gains, profits, or income OF the person VII
| has actually paid the same, whether owner, tel
| ant, or mortgagor; also the salary or pay reee
| we'd for services in the civil, military, naval, G
| other service of the United States including sci
| ators, representatives, and delegates in Congre,
| above the rate of SIX hundred dollars per annun
| and there shall also be deducted the income d.
| rived from dividends on shares in tn capt.;
| stock of any bank trust company, savings il
| institutions, insurance, railroad, canal, turnpike
| canal navigation, or slaek-water company, an
the interest on any bonds or other evidences
Indebtedness of any such corporation or eompan!
| which sh all have been assessed and the tax paid
as hereinafter provided; also the amount pal
BY any person for the rentiof the homestea
| used or occupied by himself or his family, an
| the rental value of any homestead used or eccl
| pied by any person or by his family, in his ow
night or in the right of his wife, shall not be in
cluded and assessed as part of the income Of sue
person. In estimating the annual gains, profit
or income OF any person, the interest over an
| above the amount of interest paid up on all note
bonds, and mortgages, or other forms Of indeb
edness, bearing interest, whether due and PAL
| or not, ii good and colectable, shall be include
and assessed as part ofthe income ofslch perso
for each year; aud also all income or gains d
rived from the purchase and sale of stocks
other property, real or personal and the incre
sed value five stock, whether sold or on har
and the smout Of sugar, wool, butter, chess