Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-03-07
BSTRAcT or THE ANNUAL INCOME rA1
ANNUAL INCOME TAX.

u seVersId distinct heads;
STATEMENT SHOULD BE MADE--wHERr, WHEN
n BY WHOM
/. The law requires every person u flawful age,
residing In the United States, TO render to the
\ Assistant Assessor Of the sub. disir Ct In which he
or she mH BE- residing on the LIST day Of May, u
written statement, according TO a prescribed
form of the amount of his or her income, gains
knd nrohts during the preyious wear. from Jan
nary Isl 20 December 3lst. both DAYS inclusive.
A printed blank containing this form can be OBJ.
tainsd from the AssI.tant A.,er.or. A person
h~ayInv a,rd ,.,IJsnce .hould make a state.
m.r, ,yharsvsr n, or .he may bapp.n 10 be: and.
n 60 81 r.movnl, M anothrr aIstrict. .hould take
ssr,ia.a go =, srch .,.,.mept 70 how any
o,h.r l..ts,an, Ass...or vho othcrri.e might
waIs ss.ond s,sss.msnt
. The s,a,.m.nt must be rendered on or be.
.o-. ~. n, 5sy ~ Nay or Within ,.n days altar
. nri,tsn or nr;nted no,icr REQUIRING II. has been
la a, IN. d.. n rs.id,uc. or of bnsins,.. or de.
nnst,.S ~ IN. n.arss, po., oAca
"a Tba animal income IA. /, a p,rsonal tax,
,rS ,ss,no, ~. $500 .sain,, any cornora,ion'
somn.al n~.s,~arsbir n. snch Eysry indi.
sHPSny,oI So. sss,ar.n, =; hi. a,
49,, n ,hs S.jns and nrosts At
- 80 .hs,h.r .pch ain. and
nroa,. - 5;.t,.5 or moi ana mu,, aIso state
separately hi, or her income from all other
sources.
EVILS OF NEGLECT TO MAKE OUT OR VERIFY
L.
; II any person neSieets or refuses 10 rendera
written statement, the hssistant Assessor Is TO
quested TO Ill out q olank WIN sucn person
name. and taxable income estimated according 10
Ine oest miosmal'Sn W.. = w o SA.nr ~
upon .his y s.e LEV
snen W aaa - pc, vI"'' W 'a'" ~
for neglect or refusal l..
o au hsAHsN = 80 neo.nsS :. o.
nAkins snIs esA"ase, " T.Hsn.s 80 1890
money ,eeeI..u'ot u'... 90 ~.
pau- III.
oes.inIotIa'so 49, ah.n,n,sS. :. Ins3- pa
.on gapnoieoI k".ss osny n.ois.s.
uon Is ueSusn.r y : =, sn.h $3.50 Iii NJ,
- 10" ~ inSorn ,ha I,sU, $3.50
sSNe Ietivuo.e 800 10 ss"s"
mere na oar 70 ~ so"p,Sd IUs .. sIs 1900
mens ProIe 'n.Si,eS!, III sIs" ,uanss
Ia "Uu - 4, -
VIZ . :. s.sns ,aonhIasous % az nar,n IN.
neSus, w. sros.aS An ~.
sess w., ..a.assi. ~ -, L,rr M icrs6L 80,
.sn,,d No, Si 10 ysnSsr m. rsouirrd ,t,tsm.nt
.nenth. n.on.r h,arI 40 n. NJ avoid rndna ,ay'
Lion and trouhlsI
= Eyery .ta,rm.p, must b. verified by oath or
aSr.atioa. When mi. /, not done, the i.sis,an,
Ssxe,sor j. rsouiraS 10 e.tIma,. m. income And
20 Ma o5 p.r cent 10 10 N. tar
-
9. An Assistant Assessor has power TO tHersdse
the amount In any statement, after giving duo
information to the party interested. He IL re.
| qulred. also, 10 add 100 per cent. TO the tax when
= false statement has been rendered and the
party making the false statement becomes liable,
not only for this additional tax. but likewise TO
two distinct prosecutions eforc the United States
Courts-one for making a false statement with In
tent to detraud the Government, and the other
for PERJURY.
MANNER OF MAKING UP STATEMENT OF INCOME.
px,h. us,h .~.,,o, ~ ,ha Law En-. rouu,s-
.Dy,o ~ in,s-rsI Rsv.nns - .mDoHs,.J % nrs.
.s-ih. ~. e.. ~ as,,.r in vbj.h IN. 49,.
-, - ,Serns 49, \. v.d. nm Th,. ~ h..
do,. IN a nr;n,sd hl,,k psed nv me A,s,s,an, A..
sSssor a,SIa Hanoss e;re mar ana rnlinSs rS.
,oIIs-S,- q. .snmm.,y ~ vha, has hssn mr..
SS.s w
= pa.h f,h. rr.a, s,...s. Int, ,h,ch ,h. nrr.
"a M. - ~. t,s.s,r.n.. .sni,aI r..
.a's w. uS HHs /" sspnA na
oeen 49, 49,
~ y 70 n.sn-"" =.
nus inn. no, 49, W. s,ns - ii .,.s., %s OF r.i ~
~ sannot ofss.s ans IN IN. one NV Io.,ss IN
,hs o,hsr
8 The expense, incident to each bushes. re
deductible nom the receipts OF that business.
J Speeulations l~sStfs"dfely belonging 10 any
business, and these alone. may be carried into Its
prodt and loss account. Thus a broker may spec
uiate In stocks, a dry goods merchants In cotton, q
hardware man In ron, &c, and sHeA speculation
may affect the gain and Loss Of sHeA Legitimate
business A merchant also may make or lose by
exchange or the kind OF money paid for his mer
chandise. and this gain or loss belongs to his mer'
ehandise account But II ne buys gold, uncurrent
money, United states Treasury notes, or any
other thing not one OF the articles OF trade belong.
ing 10 his regular business, fr the purpose Of
speculation. the profit or loss from such specula.
ton will not be allowed TO Affect the profit or loss
from hs regular business. A business arm
placed $4,000 in the hands Of . New York bro.
ker, instructing him to use II In the purchase and
sale OF gold. on their account and having los,