Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1867-03-23
ABSTRACT OF rHB ANNUAL INCOME TAX
ANNUAL INCOMR TAX.

nav. H. -, -.
he $500 81, - y -
'A'hAhN' SHOULD W "hhN'
AM bi "ho"
l. The law requires every person Of law ful age,
residing In the United States, TO render TO the
Assistant Assessor ofthe suo'distr-et IN when ne
OF she may % residipS on the ist day OF may
written according TO u psescrio@a
form, of the amount of his or her income, gains
And PROFITS during the previous year, trom jan
uary LIST TO December 3lst, BON days inclusive
a printed blank containing this form can De 3D.
tanned from the Assistant Assessor. A person
having no fixed residence, should make a state
ment wherever he or she may happen to be; and,
in casr oiremovh to another district, should take
a certified copy Of such statement TO show any
other Assistant Assessor. who otherwise might
make n second assessment.
.. The statement must be rendered on or be-
fore the LIST dAy Of May, or within ten days after
. written or painted notice requiring 1t, has been
LEFT at the place Of residence or Of business, or de.
| posted IN the pearest Post Office.
3. The annual iucom. tar IL n personal tax,
and II cannot bs assessed arsshst any corporation,
company. or partnsrship. AS such Every jndi.
uIdpaI rsmh.r wns, mat. i .,atsmsnt az hi. ar
| her shsTe on or in,.rr.t In Tho gain, and proat, Of
such eou,pnny etc whether ,ueh gains and
profits ara divided or NOT and must nlso state
separately his or her income from all other
xy,,s a. xvo,v.r ~ an vrp,vx
h'iLs OF NseLhCr 10 NAM OUT oh 'ENirf
s~FArEasNIS
~"Is $50. 49, - -
"ti'ten s'aleinen', 'ne hssst9nt hssessor 10 re.
qdes'eu q vi W, q oIAnN WIZ sueu Pstso.s
name ana taxaoic income es'fmatru aceornihs 70
.he oest tnlorus'on 'na' can DC ooseineu' =
upon TINS esufhateh income 10 asscss'ne TAX anu
then TO add 25 per cent, to such tax as u penalty
for neglect or refusal
| o: An Assstant Assessor may oe misieu IN
making thls estimate, oy orinS mishiorm"d As 70
money rec"iN, or ho' intoriheo hs 70 money
| paid; he must assess, however; according 70 inc
pest information witnin III reaeh INC only per
son capable OF giving absolutely correct lnformh.
tion Is frequently the one VINO refuses or negIccts
to make a statement. III such person WIN not
take the trouble TO inform the Assistant ASSESSOR
there Is "a bar to all complaint, should the assess.
ment prove incorrect, and a heavier tax oelevied
than would otherwise De charged. Moreover
after an assessment has once been made, II erro
ueSus, 1t is always troublesome to the party In
tcrested TO have IL corrected. All persons, there.
fore. but especially saeh as Aare no taIdoh INCOME
should not fall TO render the required statement
| upon the proper blank, 40 As to avoid undue tax.
adon and trouble.
=. Every statement must be verified by oath or
aSrrdt!,R. when this Is not done. the Assistant
Assessor is required 20 estimate the incom. and
TO add * per cent to TO the tax,
EVILS OF MAKING A FALSE STATEMENT.
,.-,.n o h.s Gn.
y AN Assis.An' ~. ~" n.n. Az.
tue ahhvun' ~ . - tn,.r..,aS W. 4. ~
~ ~ IN -, 90 81. o., 3D.
qtrSu' ~, w Wy " 81 ~.
: Lasc s,asvvn ~. s,a,sm.n, h.cam.s i;.hio
pM'! msSsns ~ sIIi,in"aI So ~, IIs.Jss,
not my 10y tnis nnsh ~ I,,i,SS $50
y SnsItnc ,,Iss s,a,.n.n, ri,h In.
~, % Ss,r,nd ,sr Goy.rnmrnt and III. o,hsr
tor,.,;rry
=" P''"'
MANNER OIL NAklN6 Cf SIATtNkNI VI lNtOhf.
: BY the listh section of the law, the Commits
,ionrr Of Internal Revenue IL empowered to pre-.
scribe the form and manner In which the state
men, Of income must be made up. This he has
done in a printed blank used by the Assistant As
SCISSOR. and in yanoss crcu'ars and rulings. The
following Is a summary OF what has been pre-
scribed:
/. Each Of the great glasses into which the pnr'
suits 81 life and the investments OF capital have
been divided must be returned separately losses
In one not eingallowed TO onset gains in another.
Thus = merchant who engages in farming or In
speculation rs not belonging to his Legitimate bust
ness cannot offset gains In the one by losse. In
the other.
a.J,e,;hls Ttom ~. ,scsjnts Of ,Ss, hnsInsss
a Snscpia,Joo. LSi,ira,,ly h.Ioreing 10 INV
hrs,nn.. and ,h... 9lons. NAV he carried into ia
prodt and los account. Thus n broker NAV spec.
ulaie In stocks, a dry goods merchant in cotton, a
hardwnr- man In iron. etc, and ,ueh speculation
nv atFact m. gain and La,, of sneh legitimate
bnsins~s A merchant also, may make or Iose by
eYchanye or ,h, Kind OF money paid for hi. mer,
chandi.s and his gain or loss belon9s 10 bIs NOR.
.hs1Si.s scco,,t Rnt n he INV. cola ppc1rren,
nonSs iTnItsd s,atss Treasury no,.s or any
n,har ,h,nr no, one Of the article: Of trad. bslons.
~. 90 M rasrI.r hrs,res. 6oy m. nnrnc.. 81
ING ~ III ,Sa "a, n. 49, .orIo'
- III 10, \. aIiov.d 20 .Ha., On. ,,os, o. To-.
So 80 VI. r.s,iar hns,~..s A bpsirsss Ann
nIocat san6 cS in ,Ss hands Of n Nav York hro.