The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-08-08
The Regulations under the
New Internal Revenue
Law.
Affairs in Venezuela and st.
Domingo.
Financial and Commercial
FROM WASHINGTON TO-DAY.
IntsrnaI Revenus Regulations.


Despatch to the Associated Press.
WASHINGTON, Aug S.-Instructions in rela-
tion to the assessment and reassessment OF
official taxes under the act of July 20, 1865 have
just been prepared at the Internal Revenue
Department.; as under that act several new
special taxes are imposed, and some existing
taxes are increased in amount or otherwise.
Dlstillers commencing business subsequent
to the passage of this act Will be assessed for
the unexpired portion OF the year, at the rate
of four hundred dollars per annum, beginning
with the first Of May Of month in which they
commence business; which will entitle them to
produce or manufacture at the rate OF one thou
sand barrels per annum.
Distillers who have been assessed and paid
special tax for the current year of one hundred
dollars, will be reassessed at the increased rate.
In making the reassessment allowance will be
made for the proportion of the tax already paid,
appropriate to the unexpired portion of the
year. The tax will be reassessed from August
first, or three fourths of the year.
Rectifers are required to pay two hundred
dollars for not exceeding two hundred barrels,
and fifty cents for each barrel in excess of that
number. Persons who engage in rectifying
under the new act will be assessed the pro rGtd
proportion of the two hundred dollars, and
the fifty cents per barrel will be collected on
each barrel in excess OF such pro rata propor-
ton of two hundred barrels.
The specific, special tax on wholesale liquor
dealers is not changed; but change Is made in
the rate of the additional tax on sales, and in
the amount of sales in excess of which the
additional tax Is to be assessed. If person
commences business as liquor. dealer In
August, he would be liable to the special tax
appropriate to the unexpired portion of the
year, or three-fourths of 500, and this would
cover the sale of three fourths of $4,000
, l.
make separate returns and pay the additional
rates required under the old law.
A wholesale liquor dealer who paid the special
tax of 500 at the commencement of the year
should be charged for sales made prior to July
20 at the old rates. and for those made after
wards at the new.
This end will be reached by exempting him
from the monthly tax, until his sales made
after July 20 shall have reached half that
amount which he might have sold had there
been no change in the law. Thus, If he had sold
$4,000 before the change, he may sell $4,000
afterwards; If he had sold SAC, 900 before, he may
sell $4,000 after the change.
Manufacturers OF stills Will be assessed pro
rata for the unexpired portion of the year, t. G.
7.9 Of S500O0, or $3.50. II. moreover, he has
already paid special tax Of $40 as a manutac.
| turer, he will be entitled to deduction of 10
| OF $40, or $7'77, making the amount for which he
is liable to tax Of $40 for each STILL and 500 for
each worm made by him for distilling. IT, how
| ever, he manufactures other articles besides
| stills or worms he is not entitled to any deduc
| ton on account of the special tax paid as
| manufacturer.
Dealers in leaf tobacco whose sales do not
exceed ten thousand dollars are to pay twenty
every Thousand dollars in excess of ten thou
| sand dollars. II in business on July 90 tney
| will be assessed seven ninths of twenty We
| dollars, and when their sales exceed seven
ninths of ten Thousand dollars, they will be-
su6eSs 40 5ne Dsasrs of I%p ao
ness subsequent to that time will be assessed a
poata proportion rio orSf OF tWenSyye ny dollars
which they commenced business; and the tax of
| two dollars will attach when their sales shall
f6o9sand dhe dollars Wholesale dealers tobsceo
| nists, manufacturers OF cigars, and manufac-
turers of tobacco who sell leaf tobacco, must
pay The special tax of dealers in leaf tobacco,
| In addition to their own special taxes.
manufsctured tobacco, snuff or cigars is re-
| garded as q dealer in tobacco, and where his
| iVe dollars, and two dollars In addition for
each Thousand dollars In excess of one thou
| Any retail dealer, wholesale or retail liquor
| dealer or keeper of q hotel or eating house, who
dition to his special tax as such. the tax as a
dealer in tobacco. The assessment for the uu-
|
eordance with the principles before stated. .
Manufacturers OF tobacco are required to pay
| q special tax of ten dollars. II they manufac
ture cigars, they must pay special tax as such
in addition. Ifthey have already been assessed
q special tax as tobacconlsts they will not be
| re- assessed as manufacturers of tobacco.
In addition to the special tax of ten dollars, q
tobacco manufacturer, where the amount of tue
| penal sum of his bond exceeds five Thousand
dollars is liable to q tax of two dollars for each
| thousand dollars of the penal sum In excess of
five thousand dollars. In making this assess
| ment assessors will estimate the amount of ia x
which would be due for full year, and when
the assessment is to date from the time of the
passage of the act, assess the manufactures
seven ninths of that amount And when he
| commences business subsequent to the mon tn
of July the pro rata proportion of such amount
for the unex pired portion of the year, dating
from the first day of the month In which he so
commences business Manufacturers of top acco
are not required to pay special tax as dealers In
tobacco for selling the products OF their own
manufactures.
Manufacturers OF cigars are required to pay
| ten dollars when their annual sales do not ex-
| ceed five thousand dollars, and In addition two
dollars for each thousand In excess OF i've thou
sand. Those who have already paid tax as
tobacconists and do not manufacture tobacco,
will not be required to pay special tax as cigar
manufacturers. If, however, he continues TO
manu- facture tobacco, he must be assessed as q
| cigar manufacturer. In such cases he will be
| assessed for the ratable proportion OF two dol.
lars. The tax OF two dollars per Thousand will
be upon the excess OF the pro rata proportion OF
\ five thousand dollars. Distilers com pou nders
| and manufacturers OF stills-tobacco aud cigars
| are not subject TO the tax on sales imposed by