The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-14
OFFICIAL.

the yeag which income estimated shall be deducted
H1 Sn the income OF such year"
That section one hundred and seventeen be amended
striking outa after the enactng clause, and inserting
IN neu thereof the following "That in estimating the
ANIMAL gains profits and income Of any person. all ma
ona state county and municipal taxes paid within the
year snail be deducted from the gains profits or income
OF the person who has actually paid the same whether
owner tenant mortagor also the salary or pay re-
ceved for services In the civil military, naval, or other
service Of the United States including senator's represen
,atses and delegates In Congress- above the rate Of SIX
hundred dollars per annum also the amount paid by any
person for the rent OF the homestead used or occupied by
himself or his family, and the rental value Of any home.
W. used Or occupied by any person ~ py ms family IN
cuded and assessed part Of the income of such person.
In estimating the annual gains, profits or income Of any
person. te interest received or accrued upon all notes.
bonds and mortgages or other forms Of Indebtedness
bearing interest whether paid not good and col
iectable less the interest paid by due from such per-
son. shall be included and assessed part of the income
of such person for each year, and also m income gains
derived from the purchase and sale OF stocks or other
property real or personal and OF live stock, and the
amount OF live stock, sugar WOOL butter cheese pork
beef mutton other meats hay and grain other veg
eable or other productions being the growth or produce
OF the estate of such person sold not including any part
thereof unsod hand during the year tprecedng
the thrtyrst Of December until the same shall be sold
shall be included and assessed as part Of the income Of
such person for each year. and his share OF the gains and
profits OF all companies, whether incorporated part
nersp shall be included In estimating the annual gains
profits income Of any person entitled to the same,
whether divided otherwise. In estimating deductions
ing lands other property hires labor to cultivate
land conduct any other business from which such
income Is actually derived or pays interest upon any
tua REMEMBRANCE thereon the amount actually paid for
such rent labor interest shall be deduced and also
the amount paid out for usual ordinary repairs not
exceeding the average paid out for such purposes for the
preceding five years, shall be deducted but deduction
shall be made for any amount paid for buildings
permanent Improvements, or beterments made to In.
That in cases where The salary Or other Compensation
paid to any person in the employment service of the
United States shall not exceed the rate Of six hundred
dollars per annuI or shall BIO by fees, or uncertain or
irregular in the amount in the time during which the
same shall have accrued been earned such salary or
compensation shall be included in estimating the annual
gains profits or income OF the person to whom the same
shall have been paid in such manner the commissioner
Of internal revenAe under the direction Of the Secretary
OF the Treasury, may prescribe
That section one hundred and eighteen be amended
by striking out all after the enactng clause and inserting
In lieu thereof he words "That 1t shall be the duty Of
all persons of lawful age to make and render list re-
turn, in such form and may be prescribed by
the commissioner of internal TO the assistant
SCISSOR Of the district In which they reside of the amount
OF their income gains and profits, as aoresad and all
guardians and trustees whether as executors admins.
traitors or in any other ducary capacity shall make and
render list or RETURN aforesaid to the assistant as.
SCISSOR OF tho district in which such guardian trustee
resides of the amount Of income, gains and profits Of
any minor or person for whom they act guardian or
ustee and the assistant shall require every list
or return to be verified by the oath or affirmation OF
the party rendering it, and may increase the amount OF
any list or RETURN ii he has reason To believe that the
same Is undersated and in case any person. guardian
or trustee shall neglect refuse to make and render such
list or return shall render false fraudulent list or
RETURN shall be the duty of the the assistant
assessor to make such list according to tho best norma.
ton he can obtain by the examination of such person,
and his books and accounts or any othor evidence and
to add twenty-five per centum penalty to the
amount of the duty due such list In all Of wu
neglect or refusal to make and render list or return,
and in all Of false fraudulent list return
having been rendered to add hundred per centum,
penalty to the of duty ascertaned to be due
the duty and the additions thereto penalty to be
assessed and collected the provided for in other
cases Of wilful neglect refusal to render list
turn Of rendering false and fraudulent return: Pro
pided That any party, In his or her own BEHALF or as
guardian trustee shall be permitted to declare under
oath or affirmation, the form and manner Of which shall
be prescribed by the commissioner of internal revenue
that he or She or his her ward beneficiary not
possessed of an income of six hundred dollars liable TO
be assessed according to the provisions of this act
declare that he she has been assessed and paid
income duty elsewhere in the same year. under authority
of the United States upon his her gains and profits
prescribed by law and if the assistant shall be
satisfied of the truth of the declaration shall thereupon be
exempt from income duty in said district if the list
or return Of any party shall have been increased by the
assistant ASSESSOR such party exhibit his books and
accounts and be permitted to prove and declare under
oath or affirmation the amount Of annual income liable
to be but such otbs and evidence shall not be
considered conclusive OF the facts and deductions
claimed in such shall be made allowed until ap
proved by the assistant assessor Amy person feeling
may appeal the of the district and his
decision thereon unless reversed by the commissioner of
internal revenue shall be final and the form, time, and
Of proceedings shall be subject to rules and reg
ations to be prescribed by the commissioner Of internal
revenue
That setion one hundred and nineteen be amended by
striking out the words for thirty days. and after the
words "for ten days AFTER inserting the words notice
and" 1|zs HrrF
That section one hundred and twenty be ameuded by
striking out at the end thereof the word act" and in
serting in lieu thereof the word section"
That section hundred and twenty-five be amended
by striking therefrom the word sand" following the
md in
"anyn
That section one hundred and thrtyhree be amended
by adding at the end thereof the following Words Pro
pded That duty shall be levied in respect of any
cesson vesng before subsequent to the passage Of
this act where the successor shall be the wife Of the pre-
decessor."
That section one hundred and thirty-fve be amended
by striking herefrom the word extension" and insert
ing in lieu thereof the word "extinction."
That section one hundred and fortynne be amended by
striking out the word EASEMENT" and inserting in lieu
thereof the word " assessment"
That section one hundred and fyeight be amended by
striking out after the enacng clause and inserting in
lieu thereof the following owit That any person
persons who shall make sgn ISSUE who shall
to be made signed or Issued any instrument document
paper of any kind or description whatsoever shall
accept negotiate, pay, cause to be accepted nego
tiated paid any bill Of exchange, draft ORDER
promissory note for the payment of money without the
same being duly stamped or having thereupon adhe-
sve stamp for denotng the duty chargeabe thereon with
intent to evade the provisions of this act shall for every
such offence forfeit the of fifty dollars and such in
strument, document, paper BILL draft order note
shall be deemed invalid and Of no effects Procided,
That the title Of purchaser Of land, by deed duly
stamped shall not be defeated affected by the want of
proper stamp any deed conveying said land by
from, through, under whom his grantor claims
holds titles And prorided further That hereafter, In all
where the party has not affixed to any instrument
Ias required by the Hundred and yrst section of
the act of June thrteth eighteen hundred and sixty
four or the schedule marked thereunto annexed and
the stamp thereby required to be thereuno Affixed at the
time of making issuing the said instrument and he
they any party having interest therein shall be sub
sequeny DESTROYS Of alxing such stamp to said instru
ment he or they shall appear before the collector of the
revenue of the proper district who shall upon the pay
ment Of the price of the proper stamp required by law,
Ss 5 b whs
exceed the of fifty dollars, payment also of inter
est at the rate of six cent said duty from the day
on which such stamp ought to have been affixed sx the
propr stamp to such instrument and note upon the
gin of said instrument the date of his 60 doing and the
fact that such penalty has been paid and such instru
shall hereupon be deemed and held be "a valid
to all nents and purposes ifstamped when made or
ssued: And provided further, That where 1t shall ap-
to said collector upon oath otherwise to his sat
sfacon that any SUCH instrument has not been duly
stamped at the time of making issuing the same by
ofaccident, mistake, inadvertence urgent
,essty, and without any wul design to defraud the
United States of the stamp duty to evade delay the
payment thereof then and in such case If such nstru
nent SHALL Within twelve calendar months after the
ling issuing thereof be brought the said collector Of
evsnue to be stamped and the stamp duty chargeable
hereon shall be paid shall bo lawful for the said COL
ector to remit the Penalty aforesaid and to such
10 90 duly stamped
That section hundred and sixty be amended by in
erting before the word nury" the word accidental"
nd by striking out the words "while travelling also
" striking out after the words nor on certificates the
Iord or and inserting in lien thereof the word "of"
nd by striking out the words "other articles" and in
erting in lieu thereof the word shay"
That section hundred and sixtyve be amended by
triking out in the provsc the words TACT contained
nd inserting in lieu thereof the word "sectionn
That section hundred and seven be amended
striking out the word "or where 1t occurs the sec
nd time and inserting after the word "se" the words
expose for sale.a