Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-02-21
ABSTRACT OF THE ANNUAL NcoYg TAI
ANNUAL INCOMR TAX,

SAAiANsS' ShoULb y hNnI = '
tN AND By whos
!, The law REQUIRE. every person Of lawful age,
residing In thv United States. TO render to the
| Assistant Assessor of the sub.distr Ct In which no
| or she may b. residing on the LIST day Of May. a
written .tatement according TO a prescribed
80 ss"'enen., ~ Nv 90 b.r income. gains
- rna,s drrinc m. nrsyious wear. from jan
n.ryis, :, Dar.nb.r :ust bo'h'days inclusive.
n,n,sa bsrs con,ajnipv this form can be OBJ.
tsipaJ nom he As,i.tart Assessor. A person
having NO tixed r.siLene-, should make q state
mani wherever b. or abe may happen TO be; and,
4, Ca. 81 rsmoyal "a another district, should take
: ear,;ssd eonv of such statement 10 show any
o,Sar A..js,ant Assessor. who otherwise might
male . SECOND ns,e.sment. .r.FH'T
. This Abatement must be rendered on or be-
fora ,hs Ia, dav of Nav. or within ten days after
-ri,,ar q : nr;rt.d notice recurring Il, has been
: "n. ~ " sr..SSsn.a or ~ I'M siness. or de.
ncs,ss ~ IN $3.50, pos, OfBcs
PS tn. 49, in.om. ,aY 4. a persoual tax,
Saa,as.saJ .gaInst any CORPORATION,
somnans ~ no-,rsrshIn M, such Every indi.
sauSi emo n..t, ~ ,hs aims and proats of
: snAle OF or rhs,S.s such vains and
a-Sa NoApSHy - No, and mn.t also ,tate
ssnara,sly bIs mr. her income rom all other
soarcrs
EvfLSNoF NEGLECT TO MAKE OUT ON 'Ekiff
STATEMENT
5 II any person ueglects or refuse. to render q
written statement. the Assistant Asscssor II re
quested to Ill out n blank with such persons
name, and taxable income estimated according TO
the best information tina, can be obtained, ana
upon this estimated income TO assesst the tax. ana
then TO add 25 per cent. TO such tax rs n penai'y
for neglect or refusal l.,
An Asssn, ~ ~. ~ sormsJ as 10
Money rscs,ysd or moi informed as 10 money
Maid Hs mus, nssess however. according to the
r., ,~,formatjon within hs reach. The only per.
II 9
sDn IapsoIu ~ "Ns Sho s.Sn .ss or nrvlects
y sa,susr, n .nch person will not
tSh. ,bs ,ronbi. 20 inform the Assistant Assessor,
,hsr. "A a bnr 10 ali complaint, should the assess
80. eIn.orr.., ard a heavier taY h. lsyi.d
~. rorI5 o,h.ryxiss he charged Moreover.
ac.ra an sss.s.msnt hn, onee been uade. If rrro
Hs,ns !, h always troublesome TO the party in.
,sr.st.d 10 have n corrected. All persons, there.
low hn, ,,,,eiaLy such az Aore no tdrdbk iseons,
should not fail 10 render the required statement,
ppon the proper blank, 80 ~ TO avoid undue tax
cRR on snd tropbls /
- Evsry .ta,sm.p, must be verified by oath or
,Srzation When this is not done, the Assistant
Ess.,.or i, reouirrd 10 estimate the income and
10 AID o5 per cent to to the tax
.., v,o r,,sv sr,rrxrsr
y. An Assistant Assessor mas power 70 tNe5eose
the amount In nny statement Hter gtymg duc
information to the party Interested. Ne Is re-
| quired. also, TO add 100 per cent to the TAX wnen
= false statement has been rendered and the
party making the false statement becomes liable,
not only Tor TINS aaaitionM YAK; oI. So,
two distinct proseeuuohso e,orc 'he ouIeu S,",es
Courts-one Tor makins = ialse staseinen. Mtnln.
tent to detraud the GoVernmcn'' ana 'he o'her
for PERJURY
MANNER OF MAKING uP STATEMENT OF INCOME.
Nv en-. ,ls,b ..c,ion Of IN, law. the Commits.
| .ioner OF Internal Revenue Is empowered to pre-
LII. ,he foru and manner in which the state.
-, 40 ,nco,r. p,ust n. made mn This he has
49,. ~ . SSr;r,.a Mall ns.d nv ~. Assistant Az
sJsSor and in yanop.ohculars and rulings. The
soiI.wing Ia a snmmary of what has been pre-.
.crihsS.
Il Each Of IN. great classes into which the pur.
| .uits OF life and the Investments Of capital have
| hasn divided must be returned sspardfsly- losses
| in one not being allowed 10 Offset gains In another.
Thn. , m.,cbant who engages in farming or in
sna.,I,,jo,s moi h.loncinv 10 his legitimate busi.
PS."San, ~, - h, IN. ors nv Io..s. In
us ~ e
S tn. ,nc;d.n, n sseb bnsine,s r.
,.Sr.,Sh,s ron The rscsin,. Of tha, bu,inrss
a Snsc,la,ion. L1i,imatslr belonging 10 any
srs nj ,hsss slon. NAV he Carried into M
"a, ara 10. Account Tbu: n broker NAV spec.
$500 s,n.k. .dry Goods nerehant In cation. A
NAV affect the gain and loss Of sueA legitimate
80 .ss wsycha,t also NAV make or lose by
ssshsns. a, ,ns k,nd Of money maid for his mer.
chsndise and this gain or loss belongs 10 his mer.
ehandise account. But II he buys gold, uncurren,
money. limited States Treasury notes, or any
o,hsr thing not one of the articles Of trade belong.
- - Ma rssrI,r hnsInsss mr. ths nnrnose a,
sI.,jo, ,Ss rrosfn r Io.. from sncb spacnla.
ION Will NO, be allowed 10 affect the prod, or loss
trom bIs rsonIar business A business Arm
- 40 oSo IN 81. bands ~ , Nsv yovl hro.
- in.,,uctinv him 70 uss II In he purchase and
80 - "a ~ ,h.ir Account. and h.v;no Iost
a. sNo ~ ,his ysn,rre ,h.v Claimed that /,
$3.50 =. asd,ctsd from their nrost, In bu.Inr,s