Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-10-13
ABSTRAoT'oF THB ANNUAL INoosRr1x
ANNUAL 0MR

800 PAopA4c n ApHtrACt
Oh wnar - reqanea 6y law In reference to the In
CONE .H ~ ahT |, we decisions by the Depart.
uou' Uesninesou upon various questions that
t,s ssv..oI d,s,tnr, 49,. "n'iss subject. under
STATEMENT SHOULD BE hADE-.wHERE. WYNN
g.H AND BY WHOM. :
/. The law requires every person Of a ful sp.
residing In the United States, to render to the
Assistant Assessor Of the Iub.dlstr.ct In which hs
or she may be residing on the lst day of Nav. a
written statement, according to q prescribed
form, Of the amount Of his or her Income, gains
md profits during the previous year, from Jan.
uary Id 10 December 3lst, bo'h DAYS I~nelu.Iys.
A printed blank containing this form can be OBJ.
tRined from the Assistant Assessor, A person
having no hxed reiience, should mako y state.
ment Wherever be or she may happen 70 be-; and.
In case OF remoyal 70 another district. should taks
2 certified copy Of such statement to show any
other Assistant Assessor, who otherwise might
make q second assessment
9. The statement must be rendered on or be.
fore tho LIST day Of May, or within ten days after
q written or printed notes requiring II, has been
left at the place of residence or of business. or de.
poslted In the pearest Post Office.
3. The annual income, tax Is q personal tax,
and II cannot be assessed against any corporation,
company, or partnership, az such. Every indi.
yldual member mvstlmake q statement Of his or
her share of or interest In the gains and profits OF
such company, etc., whether such gains and
profits are divided or not, and must also state
separately bis or her income from all other
sources.
vv,rs ny xynIrcr tn MIKr ONT OR yyRIyY
STATEMENTS.
. s II any person neglects or refuses TO render q
written abatement. the Assistant Assessor IL re.
ouested 10 All ont A blank with such persons
name, and taxable income stimated according TO
the h.,t Jnfornatton tha, can hs obtained. and
unop hi. s.,Irnstra Income 10 as,ss. m. Tar and
tbsn IN add oS mar cent 10 .ncb tsY n, a n-nal,y
Tor nsplect or refusal
a a. Asas,snt NAV n. ,n,,,.a In
An al, hss as,saas, rs ELL n;y.,UarmsaS .. ~
mnnav rsrsIvsd a. Nd, jnSosmsd a. 70 mon.v
naJd n. mus, ss.s.s how.ysr ACCORDING ~ ,h,
hsst inforn,otion vj,hin hi. rsscb III. o1,y n.r,
SON capabIe Of giving absolutely correct informa.
lion is freouently ths one who ref1,es or nevl.cts
IN mako n s,a,emrnt II spch nsr.on will moi
tske Tho troubl, 10 Inform The Ls.istant A.sessor
,L.r. "a n "a % iii onrnloIn, shorid M $1,000
80, No, in.ora,, ~ : $3.50 e. n. Ia,,aa
Msn y 'H.IHSs "." .,H
. 90, ,r s.s...msn, hs. 90 ne n.d. ~ 80
nonns /, "a siwsvs tronbIsyome 70 he na,,v in.
,sr..t.d 70 Inv. i; eorrscted All nstsons ,Ssra.
so.e hr, s.nss;1,I.. ,..S -. L.. ~ orsS ~ 49,.
800 ~, I'm os.nJ., ~" rs,",,sJ s,o"S'..,
49, ~. $780, Nal ~ M svoJd ,ndn. go
LII ~ p.noIShI. "~
Ai y way aouoioI
nre,y yWsan III. ~ ~ y .ua gu Y osa
V"aA"o .I ~ ~ s,
70 add o5 psr cent 10 TO the ,ax
Eyus or NAKIso A yAIsE~ STATEMENT.
9. An Assistant Assessor has power TO iue,ease
the amount in any statement. after giving due
70 the party interested: he Is re-
qurea' also. 70 aad upper cent. 70 the TAX wnen
marry mnLjno tba falss s,a,omsn, hecon.s Ij.bio
no, only for this additional tar bnt likewise To
two di,finct nro,ecutions before The limited Sta,.,
corr,a"nna sor weLtns = d. s,a,.oan, vI,h ,n'
tent 70 dsfrand ihs Goysrnmsnt and m. other
for perjury.
NtSsER az NIK1yo Up srIrryyyr nv tscoNy
Nv nh. IIeth s.c,Ion NJ IN, law ,hs CowmJs.
,ioner of Internal Revenue /, uncovered 10 pr..
scribe tho form and mannsy in which the ,tntr.
men, Of income must be- made nm. This h. ha,
| done In 4, urinted blank usad nv tha As.i.tant A..
sdssor. md in various cIrcular: and rulings The
following Ia A summary of what. has been pre.
scribed.
/ Each of the great classes into which IN. pur.
suits OF life and the Investments OF capital have
been divided must be returned ,.poraf.lv- losses
In nm. M, b.ino aIIoysd IN of.,t s.jn. In ono,bor
Thus a merchant who engages In farming or in
.n.cnlatIons moi belonging 10 bi, Legitimate bp.I.
rsss cannot oasst gains in m. ons nv Io,.ss IN
the other.
. T'hs .Yn.nss. incident IN .acb busi,... 70
d.dud rTr eS Stom ~. m rScoIni. ~ ~ Ems, h Uusm &c
~ Snso,ia,iona L.aSfra.Ga hai",ninn 80 .,,
D. unS .hn, "Snn"-.y Se'o.sns ny
ousa,as Inu go, Th hsy
pii ~, a., .. S,noS. a., 800. uar.hsn, T., a, 70
SarSxsr. man in iron etc and ."eS snscn,s,ion
mav assct The cain AMI Io,s ~ svck I.eitima,.
hnyns.s A ms5chnnt al,o NAV MAY. or ios. bv
.schahs. or III. Lind NJ money Mia a. NJ. mar.
cHandI.. and Ibis Gain ar Io.s bcIono. "a his mar.
shaaSi"a.saorn nn, ~ hnns m nnorrrsr,
n..u' iuJ,"d s,a,as so.H ). ann
mIney; NV, ons S,h. ss,ISIA! 100 S W any
o'ne. 'u III Nv. 'iar J. huanA.s ~ y nSus ue'on
my ~ ~ iyba.A ~ tuapoee"
specuISion, ,he piont .. ioss iroin sueh speeuia.
uon WI hos oe a0ru anee ''e pI1n. ao on
ron ~ go ~ Ia ~ hnsSs NJ. We. Urn h
P.seeu E,V ,,,N hin 90 n..n II nv nr,n ~ snd
~ u ~ roiS 90 ,h.I, occorn, ~ hsuInm To-,
~ ,En ~ III. s.u,,,s ,h.a .Is,r.S ~, u, :,
ssSomIS ha dsdnc,sS from ,hsir nroa,s in hrsIr...
s,on,Snjs .Joner Isv;, di,aIlov.d Tho clstm and
la ,ba In;forn rni,no I,ad bss, ,b., "rbsn =
~. a. ,radc In INV ne,,IcrIar Lnsin... .r.,rs,
ooS s; .ha.s m y! psIn" 90 e., y, osaI
Ia 49, H.. ~ 1921 ;,,s,,sJ Z, -, 49,
80" A1sin' ..Ioss of anita anne, hs Js.
1900 c.nn, INCOME nps,rrn - Iason 49,,
su...u on ~ aa;... :" "u
"e H. r.. No., lind. =, h,.,...n,h h.
.o s"nara,a,r !. Sho.U bv ,h, snIion,nr
rri,nss " Ca,n,nis.ioner RoIIin..' S
fuhMns"UI "" unsn..S q.
kind OF business cannot be deducted from gain In
business Of an entirely dUTtnfeAarHettr' nor from