The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-03-14
PUBLIC ACTS
Passed at the first Session Of the I'd Congress OF
the Confederate States.
AN ACT TO AMEND THE TAX LAWS.


do enact, That the frs second and third sections o.
the "Aet to levy additional taxes for the common de-
fence and support of the approved 18th
February, 1854 be amended and re-enacted, as tC
read as follows, to-wit:
Section l. That, in addition TO the levied by
the "Act to lay for the defence and to
carry the Government of the Confederate States,
approved April twenty fourth, eighteen hundred and
sxty-three there shall be levid from the 18th day
February, 1864 the subjects of taxation hereinafter
mentioned and collected from every person, copart
nership 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 exempted taxed at different rate per cent;
Provided that from the tax on the value 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 to the Government, whether delivered during
the year or afterwards, including the bacon, deyera-
BILE after and not prior to, the assessment of the tax
property employee in agriculture as aforesaid and
the collection of the such property shall be
pended after assessment under the order of the Sec
rotary of the Treasury until the value of the 1.-THE to
be deducted can be ascertained, and when ascer-
ained it shall be the duty of the post quartermaster
to certify, and of the district collector deduct, the
value of such 1.-THE, and any balance found due may
be paid in bonds and certificates therefor authorized
by the "Act reduce the currency and to authorize
a issue of notes and bonds" in like
other taxes payable during the year: Provided, That
no credit shall be allowed beyond FIVE per cent
II. On the value of gold and silver and plate
jewels, jewelry and watches, ten per cent.
Ill 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 $780, except in
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 Provided, That land
purchased by refugees and held and occupied BY them
for their and residence, shall be assessed
cording to its market value in the year 1860
Sec. 2: That section second of act entitled can
to levy additional taxes for the defence
and support of the government" approved 18th Feb
ruary 1864, be- and the is hereby repealed; and
it is hereby declared that all the property assets
of corporations, associations and joint stock compa-
MES of every description whether incorporated not
shall be assessed and taxed in the same manner, and
10 the extent the property and assets of ind-
vduas; the tax such property and assets to be
sessed against, and paid by, such corporations asso
Citations and joint stock companies: Provided That
no bank banking company shall be liable to pay
upon deposites ofmoney to the credit of and sub
ject to the checks of, others: Provided further That
the stock shares interests representing property or
assets in corporations or joint stock companies
soeiations shall not be assessed taxed: And prov-
Ged further, That all property within the enemy'E
lines be- and the same is hereby, exempted from all
taxation go long as it remains in the enemys lines.
Sec. 8. That paragraph one of section three of an
act entitled An act to levy additional taxes for the
common defence and support of the government" ap-
proved 18th February 1884, be- and the same is here
by amended and enacted, as to read follows:
Upon the amount of all gold and silver coin gold dust
exchange drawn therefor promissory notes. rights,
credits and securities payable in foreign countries,
FIVE per cent to be paid in specie Confederate trea
sury notes at their value compared with specie at
the time the payable the relative value of
Gle and Confederate treasury notes for the purpose of
payment under this act to be fixed 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
an act entitled AN lay for the de-
fence and carry the Government of the Confederate
States he and he
same is hereby, amended, as to read as follows:
l. The income, property and money, other than
Confederate treasury notes, of hospitals, asylums,
churches, schools colleges and other charitable insti
ons shall be exempted from taxation under the pro-
visions Of this act any other law The property of
companies formed under the act entitled Gan TO
establish volunteer navy shall be exempt fro m tax
ation except on the income.
H. That paragraph G, sec. the act be and the
same is hereby amended by adding thereto follows
"If any person shall fail to make due return, re-
quired by said section of the income profits taxed
under any law of Congress- in of disagreement
with the assessor to submit the to referees as
provided by law; shall fail refuse to pay the tax
thereon, within such time as shall be prescribed by
public notice, by TO- district collector under the di
rection of the Commissioner of Taxes, such person
shall be deemed and held TO be in default Provided
such person shall not be deemed and held 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. g. That this act shall not be construed to
subject to taxation corn bacon and other agricultural
products, which produced in the year 1868, and
in the possession of the producer the 7h ofFeb
1854 and necessary for the support of himself and
family during the present year, and from which
in kind have been deducted Ind delivered paid
Sec. g. That section 4, paragraphs and 2, ofthe act
approved 18th February, 1864 sentited An act to levy
additional taxes for the defence and support
of the Government be so amended to levy addi
tional of thirty cent upon the amount of all
profits made by selling the arlices mentioned in the
said paragraphs. between the l7th day of February,
1884 and the day of July next which additional
tax shall be collected under said act.
Sec. Z. That all treasury notes of the old issue,
of the denomination of Eve dollars, for
new issue prior to the LIST day of uary, 1865 and
which may remain outstanding on that day, tax of
one hundred per cent. is hereby imposed.
Sec That section of An entitled "An act
to levy additional taxes for the common defence and
support of the Government approved 18th February,
1864 be- and the same is hereby repealed and the fol-
lowing inserted in lieu thereof:
l. TEat the first section of the "Act to lay for
the common defence and to carry the Government
of the Confederate States" approved 24th April 1862
is suspended for the year 1864.
H. In all cases where a tax is Ievid income de-
rived from property, real personal and mixed of
description, the amount or value of which an Gd
is laid the dd r0lorenn shall be dednct
ed from the income tax: Provided, That in no case
shall less be paid than the ad palorem tax.
III. In the assessment of income derived from man
ufacturng mining there shall be deducted from the
gross income profits the necessary annual repairs,
not exceeding ten cent the amount OF the In
come derived therefrom Aud, in addition to the de-
ducions allowed by law in the assessment of in