Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1865-04-15
Income an Annual Tax.

N1OTICE is hereby given that on and after
IN the LIST day of April, 1865, will pro-
coed to make the annual assessment of income
for the year ending Dec. 81, 1864, for licen-
ses and all other annual assessments for the
year ending 1866. For the information of all
concerned, the following section Of the excise
| act of June 3Oth, 1864, is inserted
Sec. l.6. And be it further enacted, That
there shall be levied, collected, and paid an
nualyupon the annual gains, or income Of every
person residing in the United States, or Of any
citizen Of the United States residing abroad,
whether derived from any kind of property, rents,
interests, dividends, Salaries or from any profess
sion, trade, employment, or vocation, carried on
other source whatever, except as hereinafter mem
coed the sum Of six hundred dollars duty Of five
per centum ON the excess over six hundred dollars
Amp Of seven and one half Of one per centum per
annum on the excess over t,ve thousand dollars
and not exceeding ten thousand dollars; and =
duty Of ten per centum ON the ovcrten thou
sand dollars. And the duty herein provided for
shall be assessed, collected, and paid upon the
gains, profits, or income for the year ending the
thity.6rst day Of December next, proceeding the
&C. zig: 9sn n'd interest," ss
upon notes, bonds. and other securities Of the
United States, shall be included in estimating In
comes under this section: Prorided, That only ono
deduction Of six hundred dollars shall be made from
the aggregate incomes Of all the members Of any
family composed Of parents and minor children or
husband and wife, except individual estate, gains.
or labor Of the wife: Aad prorided. further, That
net profits realised by sales ofrca estate purchased
within the year for which, income 10 estimated,
shall be chargcable As income; and losses on
sales Of real estate purchased within the year,
for which income Is estimated, shall be deducted
from the income Of such year"
The following instructions Of = circular rel
alive Of the annual list 10 inserted, for the in.
formation 70 all persons concerned, and to show
the necessity Of promptne % in the assessment
TssAsuay DEPT, Orrics OF Ixr. REv.,)
WAsHIxarox, February 22d, 1864.
In order to ensure On early completion Of
the annual list for 1864, Assessors will in.
struct their Assistants At once to begin the
collection Of returns in their respective divis-
ions. Although Taxpayers are authorized to
delay making return until the first Monday Of
May, those who have not made return BY that
day will be liable to assessment under the
provisions Of section IL (lD. Assistant As
SCISSORS will transmit all returns to the Asses
sor, afer entering the amounts in their assess-
NEST books. A. soon sfler the 6rst Monday
in NAY ~ 10 practicable, each Assistant Assoc
cor viii make out his alphabetical list, and
deliver the The sane - The Assessor. BY
the lAth us) section d the excise lav, this
list b required - be delivered within thirty
days ahef the Grss Monday in Nay. fhs ssDe
section provides that say Assistant Assessor
vAo fails 10 perform tins dssy within the time
psesrriAei, sss being Pesveated by sirtsess
" ether unavoidable accident, shall b dis
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