Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-07-25
OF, rHE ANNUAL INCOME. TAX
TNWTAI4NO0mR TAX

b. 20 m. rFfss Co. ~ ].
u.,,,. ham r.ouested 10 prepere an abstract
~ what 3 required BY law ~ reference 70 inc In
come IN, MI ). VARIOUS questions that
men'a S-s..nt the whole EubIect, under
nave lls9n, ~ hSad,. yIt
liz several ,y,,vpv yvays.
| STATEMENT SHOULD BL man.
AM drsc, 4, ia,xt All Rpe.
lhl. The lam roqunVs ~. = ~. -, 20 Tho
\ residing In tho OnIs.Lo s,h' 49, IN wbIch he
Assistant Assessor = ~ Ia lat dhy Of Nav, a
or abe may " on.A ssonrdjn0 "a 4 prescribed
form, of the amoun.O n.sn,nrs vaar, from Jan.
knd profits dnrlng = Ris, ho,b davs Inclusive.
uary ist 70 nnr,sining this form can DO OBJ.
Aprinted blank con,a 1900 IA rs,son
ttainedl from tne ...,donce' ,bould make a stateLf
having no hxed residences, $780, - h.. and5i
ment wherever ne OF = ~ d Xxx sbouId taks
1 In case OF remoxa 70 anosne. 49,. NM
. certified copy OF sucn ssntenens ~ r,iaS,
'other 'Assistans A.ssss -rI
make second essess nus, ha rsndsred on or be-
=. The statement Y t.hIn ,ar Snys ,f,sr
fore tho LIST day OF my, ran,i-ne !, iSss bean
written OF p rinse ~ ~ HI s,ness. or a..
len Of the place oIIe pn.. naasa =
posited In the psaIess - H. -sor., an,
> Inc NlnuA .Ss.aS asatnst ann cornoration'
ano anno rartnsr,bIn as I,eb : livery indi.
company, or parInetsuiP, = ~ a.
yidnalmsmpet HN... =. II oaIns aud nroats ~
her snare OF OF lu'etoettu ny eAns -
sucn eompamy, ~, ~, end ,Mns, siso s,ats
profits are divioed or noh ana must Aso s.ase
separately MS OF her INCOME irou MI 'A'
sources.
EVILS OF NEGLECT nc. MAKE OUT OK 'Ehufri
-.-.- sTALEa.SIs. % -.rdsraf
. II any person uss'osso S.ssssor 4. a.
wrI.an am ~, -, ~ bianL With sncb nerson,s.
questsd TO nlySut, = .DlAnn a,od SccopdinS ~
~, uani ~. = inta.n"t,on thHt can be obtained, and
the boat nformaton nut y 20 ~ ,aS and
upon this estimated income " aSsoss 4 = ~ w..
then, 70 add2o per cent 70 sueh sAA p0n"'y
for n !glect or refusal =,
6 An Assistant Assessor may DC msieu III
making this estimate, by being mislniormed as 10
money received, or not informed an 70 money
lpAd,FFSH must asneIsss horeyeb according 70 inc
best Information within MS reach. Tns only PER,
son capable OF giving aosolnteiy eorrect ihIoInia.
tlon Is frequently the one VINO refuses or negiecIs
to mako q statement. IL sucn person VIII NOT
take the trouble to inform the Assistant Assessor
there Is a bar to all complaint, should the assess,
ment prove Incorrect ana q heavier YAK oe IeNieu
than would otherwise be charged. Moreover
| after an assessment has once been made, II erro
| peOus, Il Is always troublesome to the party in.
terested to have Il corrected. All persons, there
fore, but sfseially such as haps no taxable income,
should not fal to render the required statement,
upon the proper blank, so as to avoid undue tax
| ation and troubla r
7. Every statement must be verified by oath or
Affirmation. When this Is not done, the Assistant
Assessor Is required to estimate the income and
u a n ~ :. ..o A. So. .. H.#N.." . Oh
to add % per cent TO 10 the TAX -
EVILS OF MAKING A,TALsE STATEMENT. '
8. An Assistant Assessor has power 10 inereass
the amount In any statement aiter giving que
Information to the party interested; ne IL re-
quired, also, to add lOO per cent. 70 the tax wnen
q false statement has been rendered ana the
| party making tho false statement becomes liable,
| not only for this additional tax, but likewise to
| two distinct D before the United States
| Courtk-one for making a false statement with In
| tent to dafraud the Government, and the other
MisSER or mGxfSa UP STATEMENT OF INCOME.
By the 18th section Of the law, the Commits.
sIoner Of Internal Revenue is empowered to pre-
| scribe the form and manner In which the STATE
| ment Of income must be made mp. This he has
| done In a printed blank used by the Assistant As.
SCISSOR, and In various circulars and rulings. The
following Is a summary Of what has been pre-
scribed: 3.
l. Each Of the great classes into which the pur.
suits OF life and the Investments OF capital have
been divided must be returned separate!y- losses
In one not oeing aIoWed 70 onset gains IN hho'heI.
sn.cniatIons NOT belonging 10 his legitimate bust.
r tss o.S.rs ~" :
NNo ~N-~