The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-02-07
PUBLIC ACTS
Passed at the first Session cf tie 2d Congress q
the ConfedcrIte States.
AN ACT TO AMEND THE TAX LAWS.

do enact That the FIRST second and third sections of
the Act levy additional taxes for the common de-
fence and support of the Government approved 18th
February 1864. be amended and reenactcd, so as to
read as follows to-wit:
Sectoa l. That, in eddition to the taxes levied by
the "Act lay taxes for the common defence and to
carry on the Government of the Confederate States,
approved April twenty fourth eighteen hundred and
sixty three there shall be levd from the eth day of
February 1864 the subjects oftaxation hereinafter
mentioned and collected from every person, coPart
nership association corporation, liable therefor,
| taxes at follows to-wit:
| 1. Upon the value of all property, real personal
and xed of every kind and description not herein
after pied taxed at different rate, per cent:
Provided that from the tax on the value OF property
employed in shall be deducted the value of
the tax in kind derived thercfrom during the
year, as assessed under the law imposing it, and de-
livered the Government, he her delivered during
the year or afterwards including the bacon. delvera
Bile after and 10, prior to- the of tie
properly employ in agriculture as aforesaid; and
the collection of the tax such property shall be sus
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 so ascer
taned it shall be the duty Of the post quartermaser
certify and of the district collector to deduct the
value of such tilhe and any balance found due may
be paid in bonds and certificates therefor, authorized
by the reduce the currency and to authorize
a new Issue of and bonds in like manner
other taxes payable during the year: Provided That
no credit shall be allowed beyond five per cent.
H. On the value of gold and silver ware and plate
jewels jewelry and watches, ten per cent.
L.
shall be assessed the basis of the market value of
the same, similar property in the neighborhood
where assessed in the year 1850, except in cases
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
so purchased shall be assessed at the price actually
paid for the by the owner 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. .. That section second Of an act entitled can
act to levy additional for the defence
and support of the government" approved 18th Feb
rnary 1914, be- and the same hereby repealed; and
it is hereby declared that all the property AMI
of corporations, associations and joint stock comPa
mics of every description whether incorporated not
shall be assessed and taxed in the same manner, and
10 The extent rs the property and assets Of ind
viduals the tax on such property and assets to be as
seescd against, and paid by such corporations, asso
Citations and joint stock companies: Provided, That
bank or banking company shall be liable to pay
upon deposites ofmoney to the credit Of and sub
icct to the checks Of others: Provided further That
the stock shares ntereets representing property
assets corporations joint stock companies as
soeiaons shall not be assessed or taxed: And prot-
Ged further, That all property within the enemys
lines be- and the same is hereby, exempted from all
taxation long it remains in the enemy's lines.
Sec 3. That paragraph one of section three Of an
act entitled An levy additional taxes for the
defence and support of the government ap-
proved 18th February 1894 be- aud the same is, here
by amended and enacted, as to read as follows:
Upon the amount all gold and silver coin go" dust,
gold or silver bullion moneys held abroad, bills of
exchange drawn therefor promissory notes, rights,
credits and Securities, payable in foreign countries,
FIVE per cent to be paid in specie or Confederate tea
sury notes their value compared with specie at
the time payable the relative value of spe
and Confederate treasury for the purpose Of
payment under this act to be Eyed 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
entitled AN act to lay taxes for the common de-
fence and carry on the Government of the Confederate
February. anG
same is hereby, amended, as to read az follows:
The income, property and money, other than
Confederate treasury notes, of hospitals asylums,
churches, schools colleges and other charitable :ns
tons shall be exempted from taxation under the pro-
visions Of this act any other law The property of
companies formed under the act entitled IAN act TO
establish volunteer navy, shall be exempt TC NJ tax
alton except on the income.
H. That paragraph g. T. of he act, be and the
is hereby amended by adding thereto as follows:
"f ahy person shall fail to make due return, as
quired by said section of the income profits taxed
under any law of Congress, in of disagreement
with the assessor to submit the same referees,
provided by law shall fail refuse pay the tax
thereon, within such time shall be prescribed by
pubIc notice by the district collector, under the d.
rection Of the Commissioner of Taxes, such person
shall be deemed and held 20 be in default: Provided
such person shall be deemed and held to be in de-
fault who may fail, has failed to make payment or
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"
See s. That this act shall not be so construed to
subject to taxation corn bacon and other agricultural
products which produced in the year 1863, and
the possession Of the producer the nth of Feb
1864, and necessary for the support of himself and
family during the present wear aud from which
in kind have been deducted and delivered paid
Sec That section 4, paragraphs and q OF The act
approved 7'h February 1864, entitled IAN net to levy
additional taxes FIR the common defence and support
of the Government be amended levy addi-
tional of thirty per cent upon the amount of all
profits made by selling the Griices mentioned in the
said paragraphs betw the Eta day of February,
1864 and the LIST day of July next, which additional
tax shall be collected under said act.
Sec. T. That all Treasury of the old issue,
of denomination of FIVE dollars exchanged for
new issue prior the lst day of January 1865, and
which may remain outstanding that day, tax of
one hundred per cent. is hereby imposed
Sec 8. That section Of an entitled can 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. That the first section of the "Act TO lay taxes for
the common defence and to carry the Government
of the Confederate States approved Gath April, 1863,
is suspended for the year 1864.
ii. In all cases where tax is leFid income de-
rived from property real, personal and mixed Of every
description, the amount value of which dd
uoorn is laid the dd U0toren shall be deduct
ed from the income tax: Provided, That in case
shall less be paid than the ad p0iorern tax.
III. In the assessment of income derived from man
ufac,urng mining there shall be deducted from the
gross income profits the necessary annual repairs,
not exceeding per on The amount Of the in
come derived therefrGm Aud in addition to the de- |
ductons now allowed by law in the assessment Of in
derived from the following shall be