The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-08-16

That section ono hundred niaetoen be amended by
striking out all after the enactng clause and inserting in
lieu thereof tho following the taxes incomes
herein imposed shalt DO levied the lst day
OF May. and be due and payable before the
year 1870. and no longer and to any sums
nudity duo and unpaid after tho 30h OF June afore
by the collector there shall b. levied in addition there
TO- the Of ton per centum the Of duties
unpaid as penalty except from the estates Of deceased
That section one hundred and twenty be amended BY
striking out all after the cnacng clause and Inserting IN
lieu thereof the following: there shall be levied
and collected tax OF fvo per all dividends
In scrip money thereafter declared due, wherever and
whenever the same shall be payable 10 stockholders,
policy holders or deposi,ors or parties whatsoever
Guiding nonresldens whether citizens or aliens, as part
Of The earnings income or gains Of any bank trust com
pany savings institution, aud OF any fire. marine Ire,
inland insurance company either stock or mutual under
whatever name style known or called IN the United
States Territories whether specially Incorporated or
existing under general laws aud all untistribued
sums. or sums made or added during the year
TO their surplus contingent funds; and said banks,
companies savings Institutions and insurance COM
panes shall pay the said tax and are hereby authorized
count Of any dividends or sums OF money that may
due and payable as aforesaid The said tax OF nve per
centum And list or return shail 90 mace ana ren.
the tenth day OF the month following that In which any
dividends sums Of money become due or payable as
aforesaid; and said list return shall contain true
and faithful account OF the amount OF taxes as Aforesaid
and there shall be annexed thereto declaration OF
tho president cashier Of tho bank, trust
company savings institution or insurance company
under oath affirmation In form and manner az may be
prescribed by the Commissioner OF Internal Revenue
haf the same contains true and faithful account or the
axes al aforesaid And for any default in the making
or rendering OF such list or return with such declaration
annexed The hank trust company savings institution
or Insurance company max Ing such default shall forfeit
penalty the sum Of thousand dollars; and In
OF any default In making rendering said
Iist or ra,nrn or or any dsfaIt m the paymeut OF
the tax as required or any Part thereof the assess
In accordance with tho general provisions OF law In
other cases OF negec. and refusal; provided that The
not be deem I'D due until such dyends are payabie nor
Shall the portion OF premiums returned BY mutual Hfo
Insurance. companes 10 their pocy holders nor tho an
nual or annual inerest allowed or raid 10 The de-
posters 10 savings banks or savings institutions be con.
y on and no amended
by striking out Al er the enuctina clause aud inserting
IN oa thereof the following: any ra,lroad, canal
debted FOR apy money for which bonds or other evidence
Of indebtedness have been sod rasabc ii one or more
years after date upon which Interest Is stipulated to be
naia or cnononl yanrcsanng tba ntores or nnv such
company that may have declared any dividend il scrip
whe,Iar 2sos Or aen a. bar. Of The
earnings, profits income gains OF snch compaus and
al profits OF such company carried 20 the account Of any
ua nv ~ Of Ave- ne eontum on no aosn, II An ch ns
patty or persons The same may be payable, including
uonres dsnts whether citizens or aiensi ana said
companies are hereby authorized TO deduct ana
withhold from all payments on account OF any IN
terest, coupons and dividends. due mud payable as
aforesaid the tax OF nvo por cenium and the payment
Of the amount 81 said tax 50 deducted from the interest
OF coupons or dvidends aud eerthed ~ the president
or treasurer OF said company shall discharge SAID com
coupon The bonds other evidences Of their ndebt
edDess 80 held b any person or party Whatever except
wnsre Sa a may - me
assessor or ASSISTANT assessor on or before the fenh DAY
% the month following that ~ which said |
interest coupons or dividends become due and payable,
and as often O. every six monhs and said lis. or return
shall contain true and faithful account Of the amount
Of tho president treasurer Of tho company under oath
or affirmation In form and manner as may be prescribed
contains truc and faithful account Of said tax And
for any default in making or rendering such list or re-
OF The tax as siorosaid the company making such
default shall forfeit a. penalty the sum Of
one thousand dollars ana In case OF any default
IN making or rendering SAID list or return or OF
mont OF the tax or any part thereof a. aforesaid the
assessment aud collection OF the tax and penalty shall
cases Of neglect, or refusal
That section one hund,sa SUI ,~en'y-two De further
AMENDED - sdd,ns thereto ,he following proviso:Pro
vdea sscc,io sbal @ 9rp, mc m men.ioned
lne,r lndep.edness ano sinai ~ 's ts ~, .g,d
\. ,h;s se,,ar shan M, be maid 10 the United atates
mt, ssS cornpsny resume The PAYMENT Of interest on
,heir indsbtednc
n, sscon ons hundrsd md bo amended
~, -, a. ,ra srsc,,ng rismes ana nsertine
n ,is shassof the there shall be levied
collected aud paid on ali salaries Of Officers payments
athsr smnloymsn, or services OF Is: United States. In
Guiding senators and representatives and delegates In
ongrss. vhsn ercsedns the rate OF Al hundred dollars
ner snnnm : Tar OF nve per csutum on the excess |
shavc the said ali hundred dolIars and q tax Of |
Ian ner cant on tho excses over I've thoussnds dollars
and n shall be the duty OF ali paymasers and all dis
burs,ns o0ccrs under the eoyornment Of the United
or nersons In the cmp,oy thereof WREN making
INV naveut 10 sny o,cers or persons a. aforesaid
settling and adjusting the accounts OF suc oncers
ar 10 deduct and withhold the aforesaid tar
new sbaIi Al the ssme time make certificate stating
,he came ~ The o0cer or person from whom ench do
VA made and the amoun nj thereof VIII ch shall
Ia
Revenue and entered A. psft OF the internal tax
ma tbe nav roll recepts or account OF officers or per
.on. having such tar as aforcss d shall be made 10
sxh,b,, the' fact az sueh paymeni And n shall.
e The du,v OF the several Auditors OF the Treasury
Uhen a,d,ting ths accounts of anv naymas
y, Or dsh,,sng o0a,cr or sny ofcer vdibho,dnr lis
.sarv from moneys recsiyed by him or when settling
pr adjusting the accounts OF any such officer to require
cveoc ,ha the "A - oned IN this section have
basr deducted ana nsd over 10 the Comm ssioner or