Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-05-08
ABSTRACT OF THE ANNUAL INCOME TAX
ANNUAL jon TAX.

L.I ~ Gang ~. -
Having bean requested 10 preparo An abstract
OF what T. required by law IN rsfer.nee Ia the In
come tag; and Of the deciElons by the Depart.
menIa - WAanngton upon various questions that
have arisen. We present tho whols iubIect, under
its several distinct heads;
STATEMENT SHOULD BIZ MkDL-wHrRr WHEN.
81 Ig AND By WHOM. ~
], The law requires every person ofl.vful aps
residing In the United States, to render "a me
Assistant ASSESSOR ofthe sub.dIstriet In which he
or lha NAV be residing on. the LIST day Of Nav, n
written statement, according to q prescribed
form, Of the amount Of bis or her income, gsins
and proAtI during the previous year, from Jan
uary1It TO December 3lst, both days inclusive.
| A prnted blank containing this form can be OBJ.
FAMED nom the Assistant ASSESSOR. A person
havino no dxed residence, should mako O state.
msnt wherever he or she may happen to be-; and,
In ca,s Of renewable another district, should take
esrtiasd eony OF such statement to show any
49, s.,s,snt A,sessor. Who otherwise might
g.Is s..ond .,ss.snent ~
"mrs, n. ysnds,sd on or be.
z.IIne s.s,e S,.hIa 49, da,s af,sr
tore tne AsI n.y. 9asylo. vi. 4, has hasr
sWrtten OF prM.sa nvsvo ro1hSsin.. ar Se.
IetI ~ tne Ptace DE- nnsa UNA ST'I1
pcsI q N Incoms tsr In . p.rsonal tar,
o;,tno .~oin., .nv cornoratjon'
ana canaot Do .sr.S1n 4. .ncS Eysry ind.
c9mP1nytor III, ssstsn.nt N M, or
yidul member must make Z stasemenI 81 w. y
ner snare OF OF iatetestIn w Sam 80
sucn company. etc, "netneI susn sHins 49,
profits arc divided OF not ana mn.t Aso ~
separately his or her income rom al otner
BourceL 2a" HaH 80.
EVILS OF SEoLrcT TO MAKE our OK VLhiti
5. II any person neglects or refuses 10 render .
written statement, tho Assistant Assessor il re.
quested to all out q blank with such persons
name, and taxable income estimated according TO
the best information that can DO obtained, and
upon this estimated income to assesI tho tax, and
then 10 add 25 per cent, TO such tax Ms o penalty
for neglect or refusal. . COO
6, Az Assistant Assessor may DO mIsled In
making this estimate, BY being mlyinformed az to
money received, or not informed as TO money
paid. He must assess, however, according totho
best information within his reach. The only per.
SON capable Of giving absolutely correct informa.
ton Is frequently the one who refuses or neglects
10 mako a statement. II such person will not
there is q bar 10 all complaint, should the asses.
ment prove incorrect, and q heavier tax be levied
than would otherwise be charged. Moreover,
after an assessment has once been made. II GRO
neous. II h. always troublesome TO the party In.
terested 10 have II corrected. All persons, there.
| fore, but espseialy such az Adve no taxable income,
| should not fail TO render the required statement,
| upon the proper blank, 10 a. 10 avoid undue tax.
| Atom and trouble. IE ,..8
4. Every ratement must be verified by oath or
afrmdtioa. When this Is not done, tho Assistant
ASSESSOR Is required to ostima the income and
to add IS per cent to to the tax. r15sl-le so
EVILS OF MAKING FALSE rATEME
8. An Assistant Assessor has power TO tnersdss
the amount In any statement, after giving duo
Information 70 the party Interested. He Ii re-
qulred, also, to add 100 per cent. to the tax when
q false statement has been rendered and the
party making the false statement becomes liable,
not only for this additional tax. but Hkewisc TO
two distinct prosecutions before the United States
Courts-one for making false statement With In.
tent 70 deraud inc government ana the otner
LOT perjury. ....... ...... -. uy...
m1sNEh " aAnts1 VI 2txtANio rsSoss
by .ne t.es r, sSi q = ,mm, ~ ~ III.
.S,LSa ~. ~. 80 .ann.. n ,IS,.h az. az.
.es.nv, 80 u n.om" NM, -, mada nv This hs hs.
IensoA - - IL. =
u9ne ~ 2r = ."nnn. .,rcTia. ~ w. = rni,nn. m
SonSr,,nr :. = s,Um.rv ~ ..hst ~" hssn nro.
.s.iS"s
VI Ta.b ., N, erso, c,o,,., into vvh,ch IN. npr.
.rt,, ~ M. and tbs Irvs.tm,nts ~ canJ,aI bnys
S Sa SJIvid.J mnst n rstnrn.S ,sna,ai,iD- IosseS
$3.50 ~, S%.,ns arow 20 ~, seIns In .ro,hor
m mUuo nu oeha1 ~ snSaa.s ~ farnire ~ n
nna. nat "" ~" w. " II. ,s-I,innas h,.;
specu.aIots az aoin' Is ,ha oN. hn Ios,ss H.
Iess 'u''' seAn' " '' 0U' " ' -
ING o.uer. ,.u az, h,.n.,z
2 The expenses incident 70 eaen business arc
dedustole nom ING lcesip.s snn.
s., specula,ons ASHImasesy Selonsns 70 ~
business, ana tnese aione. may 90 eairieu INTO y
pront anc Ioss eccounI. mus yioker ma spee,
ulale N s'0cSs' aty soo ) anS .snt nssnto,i,
nardwale nun IN iron, esej, anu saea. Pe eci,IuMs,
business A merchant also may make or lose ,ey
exchange or the KING OF money Paia ior ns mer
chandlse, and this gam or loss belongs 70 MS mer.
ehandise account; But II ne buys gold. unenrren,
money; United states Treasury notes, or any
Ssnst - ming hs NOV one q br rsS ,ei y, u .b as nnr Te y
/ ~ ' % I'LL IEkulht buhAnObbI " ~ puA RobC v