The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1867-05-14
1IIR NEW TAX LAW.
How Internal Revenue Is 10 be
Collected tIAls Year.


OWcsdt Instructions from COMMISSIONS
sy& n a h Rollins. 'ss s2 CYyA
~ II Yn.a.,.l pa,vum,....A
INC ""onuo. so'oIa0 LAW
now In operation' anu the following In
structions to the assessors. issued by Con
,niaa;oner Rollina will aerva M uaaf,,I ,,n;a,
- -7' : q : = ~ ''''i 2 : ' ( y
W VA P"Jo.s'
TREASURY DEPARTMENT,
OFFICE OF INTERNAL REVENUE, ,
washington, March y, 1867.
IL Is provided Dy the act OF March 2, 1867
that all acts IN reiation 10 the assessment
return, collection and payment Of the inc0m
tax, special tax, and other annual take
in the month of May, shall hereafter be per
formed on the corresponding days in til,
auired to be performed in the month of Jun,
in relation to the collection, return and pay
ment of said taxes, shall hereafter be DER
formed on the corresponding days of tn,
month of April of each year,.
All speeial taxes are to be reckoned. n,
heretofore. from the first day of Nav. or from
the time of commencing the business sui
iect to tax, to the first day of Nav following
although the time of assessment is changed
as above stated. ~ N
Itis also provided that the taxes on III,
income for the year 1866 shall be levied or
the day this act takes effect"
The following instructions sbould he oh
served in the assessment of the annual take.
of 1867 They have been prepared an(
nr;nted to answer the onestiops Which havs
been most freouently presented by revenue
officers in their letters to the commissioner
Particular attention is directed to the
modification of the rules observed in the
last annual assessment.
Assessors should instruct their assistants
To cali personally upon those who have not
returned their income as required by law
If any person is not at home, the notice on
the back of form twenty-four should be filed
out, and the blank left. This being done, it
the assistant assessor and deliver his return.
+. A. ROLLINS, Commissioner
INCOME.
1. The farmers profits from sales OF live
stock are to be found by deducting from the
gross receipts for animals sold, the purchase
money paid for the same.
2. No deduction can DO made by the far
mer for the value OF services rendered by his
minor children, whether he actually pays
for such services or not. Ii his adult children
work for him and receive compensation for
their labor, they arctic be regarded as other
hlIed iaDorers III determining MS income
8. Money PAID Tor labor, except such as
is used or employed IN domestic service, or
IN the production OF ARTICLES consumed In
the family OF tne PRODUCER may DO deduct
ed:
q. Deduction can % auowea IN any case
LOT the cost OF uhprouucciVe LABOR. IL mouse
serya aus are employed portion OF their
ie - pou onJ ohaosa sucn ~ sne max
Ins VI OueoeI anu !, cnooSo Aor SAFE, ProPor-
tionate amount Oh tne wages PAID Them may
De deaucted. ,.
0. Expenses !oI dltcnin9 ana clearing
new iand are piainiy expenses Ior permaneht
we anu noC ueoucbaDle.
, o. Inc wnole amount expended ZOE ier-
GliiZers, appIed curing Ghe year 10 tne
farmers iah9 may 20 ueducteu put no ue,
uuoIlor 10 auU"eu lol coICi,iAors Plouuo c
OH tne iarm; Inc cost OF SEED purcnaseu ior
sowing OF plahtlnP may DO ueuucueu.
2. Farmers Will not be required to make
return OF produce consumed IN thelr own
immediate famliles.
~ asaar+o;na,1 Nv ast;r, t;n1 |
the va,ne of the land after the removal Of |
he timber and adding thereto the amount |
for the timber and from the sum /
tbus obtained deducting the estimated value
If the land on the first tiay of January, 1862, |
n on the day of purchase, if purchased since
hat date
o farmer should make return of all his
produce sold within the year but a mere
,xecutory contract for q sale is not sale;
leIivery. either actual or constructive, is
ESSENTIAL. The criterion by which to Judge
whether a sale is complete or not is to deter
hat character a right over the property-if
he nronertv we're lost or DESTROYED, upon
vb;cb IL the nart;es in the absence of anv
,thar ralot;on hatuaen tham than that of
,ondor and vendae yvould the loss fall.
IN ToxlnouarS fraonentlv claim deduc.
IONS for Iosses from Jenreciat,on in the
ralne of stock or other nroperty of like
,atnre No deduction can in any case be
Flowed for depreciation of value of such
,ronerty until ii il actually disposed of and
loss realizad
II Costs Of spits and other legal proceed
ugs,- arising from ordinary business are to
10 treated as other expenses of such bust
less and NAV be deducted from the gross
rofits thereof. +
puysIc1ANs 1 "ot Lsf
10 ,,.;.;,. =, .,,,;,.oa a. l,oo,,
~ WneIe pnysioian:s arc o. opngou W neeP
noieo III .no oi"nsaoon e. III BUSINESS, unoy
nay deduct so mucn Oh the expense 80 |
hcurreo as ID LARRY reierapie W 'ne puSinesS I
one ...,.-,- 4., {
10. Expenses dor medlcaisa attendance,
tore DIS &C., are not proper suplects ior !
eduction. Expenses 1or repairs OF nipple !
rents, tools, &c, USED IN business may 20 +
educted II
IA. IL the members OF family nave i
'parate incomes, the returns may pc maze 6
,parateiy py the proper partles, ana raCar {
le proportion OF the SiOgo exempted rom 6
le income OF eacn* Ihe parent as tne ]
atural guardian OIL tne minor cnilu;
,qnired TO make return Ior MN. put j
here any otner guaIulah OF I.uSCee mas Q
cen appointed, the return snoulu De maze
the latter. IL tne minor mas no guaruiah OF
'ustee, he should make return nlInseH. Ii s
refuse or neglect, an independent assess
ent must be made as In other cases. omit /
ng penalty. !
10. For the purposes OF the exemption OF
lie thousand dollars, husband and wife are +
be regarded as members of the same fami. c
=, though living separate, unless separated 0
7 divorce or other operation of law, 80 as to
'eak up the family relation. Minor chill b
EN- and their parents should be counted a
embers of the same family, whether living 4
gether OF not.
16 If a taxpayer has a minor child in r.
10 service of the government receiving q b
larry, such parent should include in his in i.
me return 80 much of the salary of his h
lid as is not subject to salary tax. 4
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