The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1867-05-01
The New Tax Law.

n The New Tax Law. -,
The following abstract of the tax law
has been diligently compared with the
official copy, and may be relied on as ac-
curate
| 1. On real estate, 80 cents on every
S1G0 Of assessed value; 2 On estate pas
sing 10 collaterated heirs, 4 per cent. Of
its value; 3. On every male over twenty
one, not exempt for infrmity, 6Ocents 4.
On personal property, Schedule B of as
sessment act, 80 cents on 500 of assess
ed value; 5. On toll bridges and ferries,
3 per cent on assessed value; 8. On in
come from interest and profits, 5 per cent;
| T. On nett income from licensed business
over $500, 4 percent; iffrom an unlicens-
ed business, per cent g. On fees of Of
flee exceeding $500, ! per cent 9. On all
salaries over 81 900, l per cent. on the
excess 10. On railroads and canals, two
ftths of per cent. Oh gross receipts; IL.
On express companies, l per. cent. on
gross receipts; II. On dividends of banks,
savings banks and insurance companies,
2 per cent; IA. On, deeds, probates and
administrations, s1.OO; Is. On suits, so,
cents, on appeals to circuit court, 81; ito
higher courts, So 16. On seal Of State,
81; court or notary's seal, 50 cents; II.
On merchants specific license, $50, but if
capital, $500 or less, $40; if 81 600 or
less, but over $500, $l5 The tax on
seals runs from S., if under, 81 900, to
81 900 if oyer$35, 0GO, and not over $780,
600, and IS for each thousand over $780,
900; 10. Commission merchants specific
tax, $25, and 2 per cent. on amount of
commissions; 10. Wholesale and retail
liquor license, 500; retail only, $50
They also pay the tax on amount of sales,
as any other merchant 20. Sample mer.
chants, $500: 81. Peddlers, $40; az.
Junk dealers, so; 20. Sellers Of patent
rights, $25; "a. Land agents, SO, and
per cent. on excess Of sales over $500;
rs. Book agents, $40; 26. Auctioneers,
$50. II in a city Of over FIVE thousand
inhabitants, So for every thousand above :
chat number, but rot to exceed $1,000;
also oue-forth Of per cent. on sales 81.
Real estate auctioneers, $50. If place.
have over 5000 inhabitants, 100; also
one fourth Of per cent ON sales; % To-
boccoauctioneers, 80; 20. Common criers,
10; 80 Persons canvassing county to
buy provisions, 80; 81. Ship brokers, 20,
stock brokers or private banks, ESQ; if
both, 400, and in either case, 5 per cent
on profits Of preceding year; So Pawn
brokers, so; 80. Distillers, 30 and p
cents per gallon; 81. Ordinaries. 80,
and 8 per cent. on annual rent; 35.-.
Houses Of private entertainment, 5 and
5per cent on rent over 100; So. Board
ing houses, 5, and 2 per cent on rent of
house; 81. Eating houses, so, and ifsell-
ing liquor, so also; So. Bakers, and
one half of per cent on the value of
things baked; SO Bowling saloons, so,
aud Is for each table after the first 40.
Billiard tables, 1000, and so for each
table after the first Il. Bagatelle tables,
20, aud 10 for each table after the first;
AZ. Theatres, 2 on each performance, or
9 for each week, and 5 per cent. of gross
receipts; 43. Circusses, &C., 10 on each
exhibition, and per cent of gross re-
ceipts; a. Public rooms, 20; 45. Attor-
neys. physicians, surgeons and dentists,
z, and two per cent on taxable income;
46. BARRIERS 10; daguerrean saloons, 15;
if in town Of five thousand inhabitants
80 in either case per cent on income;
48. stations and jacks, twice the amount
charged for services by the season; 4s.
Agents to rent houses, 80; 40. Yards or
lots for storage, 10; houses, Is, but if in
city of over FIVE thousand inhabitants.
SO so. Livery stable, 20, and so cent
per, stall; 81. Agents Of foreign insur-
ance companies, rs, but if in town of
over ten thousand inhabitants, 35; 81.
Telegraph companies, 400, and one per
cent on income; SO. Persons who buy
and sell stock for profit, rs, but if the
purchaser Craze or feed them for two
months he may sell them without license.