Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-04-03
sTRAcr OF THE ANNUAL INCOME TAX
ANNUAL INCOmR TAX.

come Tax, and of the decisions by the Depnr,
ment nj Washington upon yarous ouss,ion. that
me-" - -. Sr.s.n, ,hs sS"is S us,an, s Una.
~. $3.50 S,.,;,r, hssS..
sfAfkAhNi ShoVLp . n "hhNh' "hhN'
AM VIM"
1. Thelaw requires every person OF iawfal age,
residing In the United States, to render to the
Assistant Assessor ofthe sub.disir CT In which he
or she may be residing on the LIST day ofMay, N
written statement, according TO y prescribed
form, OF the amount Of his or her income. gains
snd profits during the previous year, from Jan.
uary LIST to December 3lst, bob days inclusive.
A printed blank containing this form can be OBJ
tanned from the Assistant Assessor. A person
having no dxed residence. should make N state
mani wh.r.y-r he or al, NAV happen 20 be: and,
4, cass ~ rsmoyAl IN another district, should take
! c.r,is.d conv Of .nch statement TO show nny
en- A..Ls,an, As.a.scr who oth.rvixa might
-
o TN. s,.,.r.,, ms, he rendered on or he.
anr NJ. d. ,.I,hI,, ~ d.ys af,er
S.5 -. r.,rIr;rv a, has h..n
(, " S.r.,'n ~ ~ hns,na.. or AZ.
49, 10 ,hs nsars., pn., ofBcs
P ~, ~ Insen.s go r. a n.r,on.I "a.
.,1 I, canro,h =. ,..assaa agaInst ANY CORPORATION,
company. or partnership. ms such. Every indi.
eYmPany,ot ssas s,a,.u.n, al his or
-. .a,n. and proats Of
- .ausn.n, a.. vh.th.p ,nch gain. and
nraa,s - 5ISidsd ~ moi and mn.t also stat.
aapnrataly hia nr her Income from All OtntT
sources.
rvIIs or NEGLECT TO MAKE OUT OR VERIFY
STATEMENTS
5 II any person neSIectS or refuses 10 rehueIH
written statement, the Assistant Assessor IL
| quested to oil out a blank win suen peisons
name, and ta&aoie income es'ms'ou Sa" "a
the oest Information tna' can W 'o.~"'.I
upon TINS sstiinatea ineouic. ~ n.nsi,y
then TO adde's per cent 10 suen ~N""P""
Tor negie,' or REFUSAL. r,.,.d In
Q; An assistant 80 80 mi nsormsd ss TO
rn"nav ,scs,ysd or not informed Ms to money
- Va mrs, .ss.,s however, according to the
-, i, town. ,ion within his reach, The only per
osnanshI. ~ Giving absolutely correct informa.
| 10, is fr.ou-ptly the one who refuses or neslects
10 make n statement. II such person will not
| ,ske ,he trouble 10 inform the Assistant Assessor.
| ther. Il a bar to all complaint, should the ASSESS,
,nsn, nroy. incorrect. and n heavier tax believed
| ,han would otherwise be charged. Moreover,
| af,.r AN assessment has once been made, II erro
| n.Jus. Il Is always troublesome TO the party t'
,erested TO have II corrected. All persons. tuere'
fore. but sspeei4liy sleA as Aars no fdtdek fHeo"f'
should not fail TO render the required statement
upon the proper blank, 80 As 10 avon u"u"c "
alton and
Z Every statement must be verified by oaih OF
aSrza.iOa, When this Is not done, the Assistant
Assessor IL required to estimate the income ana
10 Md IS per cent to to the TAX,
xyv.or x.xrsa A FALSE STATEMENT.
a. -. .u.or has nox.r IN fue,,a,s
y An ",a,.,o.n, af,s, giving due
vac aniv"u' I,,arss,.a Va a. "a.
iuID".I .nDH AZ IN n.r cspt 10 IN, tar when
qun,u' hss hs.n r.nder.d and the
= 'ei'o -. s,,.m.n, ha.or,., liable
party maSins = Ist,i"asi ,s1 hn, ijlswiss 10
NOT oniy y uis r. I,,j,.d seat.
two uisNnet pFoseeSSO len a..
Conrts-onei or maAink alAIse "a ~. -
tent 10 defranu tue So'erie"''A
'or Pepa's'
MANNER OF MAKING Up STATEMENT OF INCOME
Rv m. lls,h section Of the law, the Commits
.ton.r ~ Iptsrnal Ravenus Ia uncovered 20 pre-
,cyih. the foru and manner in which the state
m-nt Of income must be made up. This he has
done In A printed blank used by the Assistant As.
sSssor and i, yanous circulars and rulings. The
Soilnving i. N ummary of what has been pre-.
,cribad.
/ rach of IN. great classes into which the pur.
.,;,. 81 I'M. and he Investments Of capital have
- S,,,5.a nnst he returned sspard,,ly- Losses
In ors NOT baing allowed to Offset gains In another.
mSn ".vchsS, w. engaged in farming or In
.n..rI,,jon moi belonging 10 his Legitimate busi.
- car,o, fiat gains IN the one by losses In
!" 20 rh..,r.r..s ,,c,dsn, TO each business re
.S,s,;hIs from the receIp,s Of that business.
n Snsc,ia,iop. ,oitinats,v belonging to any
Spesu . a.. slon. nav ha esSrJed into its
ouna. "a 10. scro,n, Thu: a broker NAV spec.
,rie,a In stock. A dry Goods merchant In cotton, a
| hardware man In iron, etc. and such speculation
| NAV affect the gain and loss Of sueh legitimate
Iayass ms,cha, sIso NAV make or lose by
1870. nv ,hs Mind az money maid for his mer
Nj ,o;n az los hsIongs 40 his mer
/ sssndiss arropnt But II he buys gold, uncurrent
money, limited States Treasury notes, or any
| o,har thing not one of the articles Of trade belong.
49, ~ rssrI,r hn.ina.. for the purpose OF
Lns ,in, ne nros, or loss from such specula.
l ,ior viIl moi be allowed TO affect the profit or loss
A. ht... AEVn