The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1866-11-06
OFFICIAL.
LAWS OF THE UNITED STATES,
Passed at he FIRST Session of the TbUty-NiHtt
Congress.

CHAP XV-AN ACT to declare the
Meaing of certain Parts of the Internal
Revenue Act, approved June thirty eigh-
teen hundred and siXty-fOur, and for other
purposes.
BE IL enacted by The Senate and House Of
Representatives Of the United StGteSCf 1mericd an
Congress assembled That in section one hun
dred and twenty of the act entitled An act
TO provide internal revenue to support the
Government to pay interest on the public
debt, and for other purposes, approved
June thirty. eighteen hundred and slXty-tour
the words, ''all dividends in scrip or money
thereafter declared due and whenever the
same shall be payable, to stockholders,
policv-holders or depOsitors,' are hereby de-
clared to mean all dividends in scrip or mon
ey wherever payable, and al stockholders
policy holders depOsitors, or parties Whatso-
ever including non-residents, whether cltI
Zens or aliens.
SEC. ,. Ind be it further enacted, That IN
section one hundred and twenty-five of said
act the word stockholders" is hereby de
clared to mean all persons or parties whatso-
ever that are OF may be stockholders, lnclud-
inc non-lesidents whether citizens or aliens;
and the words "all such interest or coupons,
dividends, or profits, whenever the same
shall be payable are hereby declared TO ap-
ply to all such interest or coupons dlNloenuS
or profits wherever the same are or Ihay De
PAYABLE, and to Whatsoever party or persons
the some are or may be payable, lncIudlhS
non-residents, whether citizens or aliens
SEC. 3. ind be dflrther enacted, That 1t
shall be the duty of all persons required TO
make returns or lists of income ana articles
or objects charged with any duty or tax as
provided by the act aforesaid, or any acI
amendatOTy thereof, to declare IN such re-
turns whether the several rates ana amounts
therein contained are stated according 70
their values in legal-tender currency ana III
case of neglect or refusal so TO state 10 INC
satisfaction of the assistant assessor IecelN :
such returns or lists for such persons 50 neg
Letting or refusing, as IN case OF persons
neoIectine or refusing to make the llstS OF
returns required by the acts aforesaid, anu
[ To assess the duty thereon, and TO add theIe-
/ tn the amount of penalties imposed oy Ia"
in case of such neglect or refusal. NJ
SEC Ind be it tHtReF enact q, M
whenever the rates and amounts contd,hIu
/ in the lists or returns rs aIoIesaio Sc -
/ stated in coin money, it shall be the dutS ol
/ Zach assessor receiving the same TO REFUGE
/ such rates and amounts to their equlN 81
| in local tender currency, ACCORDING 70 ' n
1.alue of such coin money III sald euIIGnes
! ~ the time when and place where s;ilo lIo'1
! or returns are receivable, ana Whion 49, ~
IL II assessor shall determine. And the
lists required by law to De IuT I ~
lartors by assessors shall In an c'S',9
~ several amounts of taxes or duties as
e e..s estimated, or valued in legal tehdel
currency only. -.,-,u,ot.z That tho
nrovisions of this act shall, so far as heces
sarv amply to all returns, hsts'
and collections required by the acts ai 'I
said in addition to those above nemsa1p'o o.
bv whomsoever made, returneo' aSs' s,nTnos,
! noIIented in any mode or for any pun Poe'
vJ,.Tss Aud the Commissioners OF lnte tel
nai Revenue. under the Direction OF th'
Secretary of the Treasury, is hereby; author
lied to make all Necessary rules anu ios -"
lions for carrying this act into effect
APPROVED March 10, 1900