The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-03-13

and debts ascertained to be worthless, but e1clu-
ding all estimated depreciation OF values and
purchased two years previous to the year Tor
which income is estimated; the amount actual
II paid for labor or interest by any person VINO
rents lands or hires lator to cultivate and, or
who conducts any other busin ess from which IN,
come is actually derived the amount actually paid
byany person for the rent OF the house o. premises
occupied as residence for himself or lis family;
Che amount paid out for usual or ordinary repairs
Provided, That no deduction shall be made for any
amount paid out for new buildings, permanent I'M
movements CT betterments, made to increase the
value Of any property or estate And provided fur-
ther, That only one deduction Of $1,000 shall be
made from the aggregate income OF all the mem
BERG Of any family, composed Of one or both parents
wife; that shall be allowed to make such
deduction in favor Of each and every ward, except
that In case where two or more wards are com
prised inone family and have joint property inter-
est only one deduction shall be made in their favor:
And provided further, That in cases where the
salary or other paid to any person in
3 the employment; or service Of the Umted States
shah not exceed the, rate OF $1,000 per annum, or
shall be by fees, or uncertain or irregular in the
amount, or in the time during which the same
) other compensation shall be included in estimat-
ing the annual gains, profits, or income Of the per-
: son towhom The same shall have been paid. -, =,
sIt shau be the duty Of all persons of lawful age
Cd W8E0 anu IeUU6f u u6G OI I6GurIl, Oh OE Oe1VGo
the day prescribed by Law, in such form and man
ner as may be prescribed BY the Commissioners OF
internal revenue, to the assistant assessor OF the
district in which they reside, of the amount OF
their income gains and profits as aforesaid; and
all guardiansand trustees, executors and admins
tlators;. OF yaany person acting in any other
fduciary capacity, shall make and render q list or
return, as aforesaid to the assistant assessor of
the district M-;Which such: personin q fduciary
capacity resides, Of the amount of income, gains
act; and the assistant: assessor shall require
every zlise OF; return to be verified by oath or
affirmation Of the party rendering it; and may in
crease the amount OF any list or return, he
has reason to believe the same is understated;
and IN case any: such person shall neglect. or
refuse to. make and render such o list or re-
turn, it shall be the duty Of the assessor or
assistant assessor to make such list according to
the best information he can obtain by the ex-
animation Of such person, or his books or accounts,
as pensity, to the amount OF the tax due on such
List in all cases. ,of wiful neglect or refusal to
make and render a return, and in all cases
OF false OF fraudulent list orGreturn having been
rendered, to- add one hundred per centum, as q
penalty, to the amount OF tax ascertained to be
DUE the tax and the additions thereto as q penalty
to be assessed and collected in the manner proyid
editor in other cases Of Wiful neglect or refusal to
render hst or return, or OF rendering false or
fraudulent return: Provided Tint any party, in
his o her own behalf or as such fiduciary shall
be permitted to declare, under oath or affirmation,
TIE form and manner Of which, shall be prescribed
Ly he.commssionar Of internal revenue, that he
or she, or bis Or her ward or beneficiary, WAS not
possessed of anJ income or $1,000, liable TO be
assessed according to the provisions Of this act;
or may declare that he orBhe has been assessed and
paid an income tax elsewhere in the same year,
under raufhoritY Of the UJited States, upon his or
her income, gains and profits, as prescribed d by
law, and Il the assistant assessor shall be satisfied
.of the truth Of the declaration, shall thereupon be
exempt from income tax in the said district; OF if
the ist or return OF any party shall have been IN
creased by the assistant assessor, such party may
exhibit :MB books and accounts, and be permitted
to prove and declare, under oath or affirmation,
the amount ct income liable to be assessed; but
such oaths and evidence shall not be considered
conclusive Of Che facts, and no deductions claimed
in such cases. shall be made or allowed until ap-
proved by the assistant assessor. Any person
feeling aggrefed by the decision Of the assistant
assessor in such cases may appeal to the assessor
OF the district, and his decision thereon, unless
shall be anaI and the FORM Il time and manner Of
proceedings ehall be subject to rules and regula-
tions TO eprescribed by the commissioner of in
ternal revenue: Provided, further, That no penalty
shall be assesBed upon any person for such neglect
fraudulent return, except after reasonable notice of
the Time OF place Of hearing, to besegulated by
the commissianer, of internal revenue, so as to-
give stha he pertlon charged an opportunity to be
Thataxes. ON incomes herein imposed shall be
levied ON the list dsy Of March, and bs due and
payable on or before the 3Oth day OF April, in each
year, until anak including the year 1870, and no
longer; and to any sum or sums annually due and
unpad sfteE the seth Of April, as aforesaid, and
tor tendaygAfter notice and demand thereof by
the0onsctor there shall be levied in addition
thereto the sum Of FIVE per!centum on the amount
Of taxes unpaid, and interest at the rate OF one
per centum per month upon said tax from the
time the same became DUE as penalty, except
persons :, Provided, That the tax on incomes for,
The year 1866 shall be levied on the day this act
takes effect.