Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-07-02
3
o., The ANNUAL INCOME TAX.
ANNUAL INOOME TAX

ANNUAL INCOME, TAX.
.,HEsaSn 81 -S &isA x
Having BEEN requested 10 prepare m abstract
Of what 10 REQUIRED BY Law IN reference to inc In
como tax, ana OF tae oecihions " tne OepSLs
ment at Warrington upon var1ous questions that
have arisen. Va present the whole pue9ect, under
titIsoYets diStlnkt heedst f9I ri IL
.r.rrnusr SHOULD BIZ h~LDE-wHERK,W WHEN,
AND By WHOM.
ThwiEvtfsqutres svery psrson ofiAwful age,
s.idinr In the United States, 70 render to the
Ns.S..an, As,assor Of tho sub.dhtrict In which he
AHcn"s1sv ID Testding ousthsD lstZ day Of Nay, q
@Lti.n sccording. to . prescribed
MIltu'n. ~ sTuS1ntfof Ell or her Income, gains
form, OF a.-ine ths nreyious wear, from jan
e1ups. a. n.ornbar 3ht. DO b day. Inclusive.
uAysd Mani contsinIng this form can DO OBJ.
49, nom the A1slstant Assessor. A person
S.vina no axedresideucs, should mako . state
E.h.r.ysr Ia or she NAV happen to ba; and,
mous S.snnv. to anoth.r dIstrict, should take
~ essoot oTuIuTt StIh TStSHsnt 10 Nov any
INV TN.,.rvIrn i,.sS,or vho otherwise might
owner Aaa.asn ..msnt
max 49, n.rt nn,t bs rendered on or DO.
L. ~ NAV or within ten days after
Ioro tno Isl : notIc. r,onirinS II. has been
n"tl!Sn ~ %sIpasrts.iSeSSn or al bTSaness, or de-
Iern,E ~ sSsrt.t Porf Once. = 2 - "'
posiIe@ IN In.ons ,sr h, a nersonal tar,
ing 1890 .1aIn.t any corporatiop,
snan.S. ~ n.,tnsr,hin, a. such' Every lndI.
company ot PHs ,s,sm.n M hIs or
sAAAN - Nka R0Ina and nRAHta nj
ner snate ~ ns.,h.r .n.h- os,ns and
sucn ~ Iy, ~, snd mn., aIso .tats
pronts are oiV'ueu W IoNaNN -. ri n,h.r
separately Dis or neF INCOME "ow M NAe
sources
EVILS OF NEGLECT TO MAXI OUT OR VERIFY
l.. ~ sNT.'3 GSTAro0NIah -.
II any person neglecb or refuses 70 IenueI .
written statement, the. As.istant assessor ~ 80.
queIted TO ill out . blank WIN suen Psisons
name, and taxable income eatime'eo accoro,ns y
I'll tha hARl NOMINATION tllk can Do ODLklQou, Auu
upopiAht ttimated meome 20 Ss:e.s N. a.rai,v
then TO add 70 per cont 70 sucn - PeHN'J
for neglect or refusal. $1,000
s6nkn Assistant A1sesaor may DC misieo IN
making this Estimate, by being misinformed az 10
money received, or not informed as to money
naId He must assrss, however, according to the
h.,t Information within his reach. The only per.
.on ranabIe of giving absolutely correct Informa.
ton Il frequently the ono who refuses or neglects
- IrSorm The I,Iistant Assessor,
~ Ssr+S iii coHnnldnt Ihouid the assess.
10. $500 Incorrect. and a heavier tar be levied
M " YEonid n,h.S,sise he. chsrrsd, Moreover,
Mss -...m.nt ha. ones been made. n orro
nsnn. II i, siwsys troublesome to the party 10.
teresied to have II corrected. All persons, there.
fore. lint sspeeially sueA a. hape no taxable Income,
.honld noff I'M 10 rsnIer The REQUIRED statement,
mon The proper blank, 30 as to avoid undue tax.
stion sndtroublAr M. ',yr -,,r ..r.. .,rr.s
= Eyery statement must be verified by oath or
Sr-atios. When this il mot done, the Assistant
SSss.uor n feduirtd TO estimate the income aud
to add 25 per cent TO to the tax
EVILS OF MAKING A FALSE STATEMENT.
8. An Assistant Assessor has power 10 ineTea'e
the amount In any statement ate. sXmg ouo
information TO the party interested: no IL re-
quirod, also, to add 100 per cent to the tax when
. false statement has been rendered ana tne
party making the faise statement oeeouos liaote'
not only for this additional tax; out nheritet 70
W distinct proseentions oe,ore .ne on'eu H,ais
~tor mStlns si1,e sta'emsn, w n,hn,
tent TO oefraud inc doVernmont' Ana TUG o'ne'
for perjury.
NLhSEh OF MAkiNo ur srxIEaENL ""
ny tns tioIn seG,onO - nr..
no ,Ihe. : ~. ~ .ann,r IN Ih,ch IN, nate
slLve maSs ~ ThI, n. NJ,
done In a printed blank used by the Assistant As
.Sssor snS In yanop1 cIrculars and rulInga Tn,
oiIo1in1 n. . ,nmmary OF What has been pre
.s.ih~S.
sisEeeA Of the great classes into which The pur
anil, on ne and The Investments Of capital hav,
hs.n dI,,d,aynus be returned sspaynteLS- losse
In ons moi brIne allowed TO Offset gains In another
Tim, a msrehant who engages In farming or II
speculaiions not belonging to his legitimate bust
- ..,no, oN..t oaIns in tho one by losses II
~ ehnr " sA
3 The EXPENSES incident to each business r,
,.,Ih,. fsnn ~. rscsInt. Of tbst bu,iness
ue1uS. Monva,ton. l.ei,Sro,,iv hsiopoInn n an,
sRsSnS 49, go" - \. nssrI.a int n;
egS.ipSfe:. asc.crr, Thu: Srofs a. m.y snec
py.iH ~ soods Insrchsnt IN co,ton. :,
hardware man In iron, etc. and ,ucA 'Pscnla,loI
ss3 sne'' = 49,, siso r.ov n,I. nv Io,. n,
ousiness. liza As Muy ia a. NJ" msy
exchange OF tne Hinuoi "oney s.u ~ NJ -.
cnanaise' anu tnis Bain " IosA oeionss n..
chsndi'e account; bu! u 20 ouys sO,I, anes'i ~,
other thIne mot one Of the ~artloles Of trade belong
ing 10 his regular business, for the purpose o
speculation. the pront or loss ron sucn .peeuia