The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-05
OFFICIAL.


co ltracts.'
That section on hundred and three be amended by ad
dng the following after the word vehicle it occurs me
second time in the section "Iopidd That this section
shall not apply to those teams wagons and vehicles used
In the RECONSIDERATION of silver from the mines where
the same is srs excaysted to the paiS where they are
reduced or worked"
That section one hundred and three be further amended
by inserting after the words and any foreign port" the
rds shut such duty shall be assessed upon the trans
portion of persons and property shipped from port with
In The Tinted States through foreign territory to port
within the United States and shall be assessed upon and
collected from persons firms companies, corporations
within the United States receiving such freight or trans
portaton" And that section hundred and three bt
amen led by adding at the end of said section the follow
ing And prorded ftrthe, That no tax under this rec
ton shall be assessed upon any person whose
d. not exceed one thousand dollars per annum."
That section one hundred and i've BY amended by
striking out at the end thereof the words for the quar-
ter then next preceding
That section one hundred and nine be amended by
striking OUT after the words lone hundred and thu
word "two," and inserting in lieu thereof the wore
"three"
That section one hundred and ten be amended by strk
ing out after the words "and redemption thseof" h
wo DIS "nor to any savings bank having no capital stock
and whose business 10 confined to receiving deposits at
oanng the interest for the benefit OF the deposi
tors only, and which do other business of banking
That section ono hundred and sixteen be amended b,
striking ont all after the enactng clause and inserting
lieu thereof the following: hat there shall be 10
We'd collected and paid annually upon the annual gains
profits and income OF every person residing in the United
States of any citizen of the United States residing
abroad whether derived from any kind Of property rents
interests dividends salaries or from any profession
trade. employment vocation, carried on in the United
States elsewhere or from any other source whatever
duty of five per centum on the excess over six hundred
dollars and not exdeedng five thousand dollars and q
duty of ten per cenum the excess over five thousand
dollars; and in ascertainng the income OF any person
liable to income tax, the amount OF income received
from institutions whose officers required by law, with
hold per of the dividends made by such nstitu.
TONS and pay the to the commissioner Of internal
revenue other officer authorized to receive the same,
shall be included; and the amount so withheld shall be
deducted from the tax which otherwise would be assessed
upon such person. And the duty herein provided for
shall be assessed collected and paid upon the gains pro.
fits and income for the year ending the thirty day
of December next preceding the time for evying collect
ing and paying said duty Prorided That incomes de-
rived from interest upon notes, bonds and other secur
ties OF the United States, and also all premiums On gold
and coupons shall be included in estimating incomes I'M
der this section. Propded further, That only deduc
ton of six hundred dollars shall BIO made from the ag
gregate incomes Of all the members of any family COM
posed of parents and minor children or husband and
wfe And provided further, That net profits realized
by sales Of real estate purchased within the year for
which income is estimated, shall be chargeable az in
and losses sales of real estate purchased within
the year for which income estimated shall be deducted
from the income Of such year."
That section one hundred and seventeen be amended
by striking out all after the enactng clause and inserting
in lieu thereof the following "That in estimating tn
annual gans profits and income of any person, all ma
tiona State county, and municipal taxes paid within tn
of the person who has actually paid the same, whehe
owner, tenant mortgagor also the salary pay re
ceved for services in the CIVIL military naval othe
service of the United States including senator's
tave and delegates in Congress- above the rate Of sa
hundred dollars per annu also the amount paid by any
for the of the homestead used occupied by
himself or his family, and the rental value Of any home
stead ue occupied by any person or by his family III
his right in the right OF his wife, shall not be in
Guided and assessed part OF the income OF such
II estimating the annual gains profits or income Of any
infn Vah
bonds and mortgages, other forms of indebtedness
hearing interest," whether paid or not il good and col
ctable less the interest paid by due from such per
SON. shall be included and assessed part Of the ncom
of such person TOR each year, and also all income or gain
derived from the purchase and sale of stocks or ohe
property, real personal and of live stock, and tn
beef mutton other meats hay and grain other veg
etable other productions being the growth produc
of the estate Of such person Sold including any par
thereof unsod hand during the year preceding
the thirty first of December until the shall lie sold
shall be included and assessed part of the income
such person for each year. and his share of the gains
profits of all companies whether Incorporated part
nesp, shall be included in estimating the annual gains
Irots or income Of any person entitled to the same
whether divided otherwise In estimating deductions
from income as aforesaid when any person rents build
ings lands other property or hires labor to cultivate
land to conduct any other business from which sucl
income Is actually derived OF pays interest upon any
tual incumbrance thereon the amount actually paid fol
such rent labor or interest," shall be deducted and also
tho amount paid out for usual ordinary repairs, moi
exceeding the average paid out for such purposes for the
preceding five years. shall be deducted but no deduction
shall be made for any amount paid out for new buildings
permanent improvements, or beterments, made to in.
the value of any property estate: Provided
That in 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 annum shall beby fees or uncertain OF
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
Tins, profits, income of The person TO whom the same
shall have been paid in such manner the commissioner
OF internal revenue under the direction Of the Secretary
OF the treasury, may prescribe"
That section one hundred and eighteen be amended
by striking ont all after the enacng clause and inserting
10 lieu thereof he words That it shall BIO the duty oil
all persons Of lawful age to make and render list or re-
turn in such form and may be prescribed by
the commissioner of internal revenue 10 the assistant
OF the district in which they reside of the amount
OF their income gains and profits, as aforesad and all
guardians and trustees whether as executors admins
traitors or In any 9th duciay capacity shall make and
render list or return as aforesaid to the assistant
SCISSOR Of the district in which ch guardian or trustee
resides of the amount OF income, gains, and profits OF
any minor person for whom they act guardian
the assistant assessor 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 return, If he has reason to believe that the
same is understated and in case any person, guardian
trust shall neglect refuse to make and render such
list return shall render false fraudulent list
return il shall be theduty of the the assistant
to make such list according to the best informa
ton he tan obtain, by the examination OF en- person,
and his books and accounts any other evidence and
to add twenty-five per centum as penalty to thu
amount of the duty due such list In all cases OF wifu
neglect or refusal TO make and render list OF return,
and in all of false fraudulent list return
having been rendered. to add one hundred per centum
apenay the amount Of duty ascertaned to be due
the duty and the additions thereto as penalty to be as
assessed and collected in the provided for In Other
of wiful neglect refusal to render St or
turn or # rendering false and fraudulent return Pro
rdcd That any party in his or her own behalf or al
guardian trustee shall be permitted to declare unde
oath affirmation tho form aud manner of which shsl
be prescribed by the commissioner of internal revenue
that he she, his her ward or beneficiary,
possessed of income Of six hundred dollars liable Il
be assessed according to the provisions of this act
may declare that he she has been assessed and paid
income duty elsewherein the yer 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 hereupon be
exempt from income duty in said distrct or II the list
return of any party shall have been increased by the
assistant assessor such party may exhibit his books and
accounts and be permitted to prove and declare, under
oath or affirmation the amount of annual income liable
be assessed but such oaths and evidence shall not lie
considered conclusive OF the facts and deductions
claimed in such shall be made allowed until APP
proved by the assistant Any person feeling
greved by the decision of the assistant in such
may appeal to the Of the district and his
decision thereon unless reversed by the commissioner OF
internal revenue, shall be final and the FORM time and
manner of proceedings shall DO subject to rules aud regu
atons be prescribed by the commissioner Of internal
revenue"
That section one hundred aud nineteen be amended BY
striking the words for thirty days." and after thu
words Sfor days after" inserting the words "notic'
and"
That section one hundred and twenty be amended b,
striking out at the end thereof the word "act" and In
sorting in lieu thereof the word section"
That section one hundred and twenty-five be amended
by striking therefroun the word sand" following TIN
word custody" and inserting In lieu thereof the
@any.n
That section one hundred and thirtyhree be amended
by adding at the end thereof the following words Pro