Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1868-03-21
Income Tax 1868.

By the act of June 3O,ls64, as amen
ded by the first section of the act of
March 2, 1857, it is made the duty of any
person liable to annual tax on or be-
fore the Ist day of March in each year
to make a return to the assistant asses
sor of the district wherein he resides, of
his income, and of the articles in Schedule
a owned or kept by him on the first day
of March. ...1..... -l..li 81. ..-.ss n.
Every person failing to make such re-
turn by the day specified will be liable
to be assessed by the assistant assessor
according to the best information which
he can obtain; and in such case the as
sistant assessor will add fifty per cent,
to the amount of the tax, and from the
valuation and enumeration SO made there
can be no appeal.
In case any person shall deliver to an
assessor any false or fraudulent list or
statement, with intent to defeat or evade
the valuation or enumerationrequire by
law, the assistant assessor will add one
hundred per cent, to the tax.
The assessment list, when completed,
will be returned to the collector, who
will "give notice by advertisement in
one newspaper published in each county
in his collection district, if any there be,
and if not" then in a newspaper printed
in an adjoining county, and by notifica-
tom to be posted in at least four public
places in each county in his collection
district, that the said duties have become
due and payable, and state the time and
place within said county at which ne or
his deputy will attend to receive the
same - and to any sum unpaid after the
thirtieth day Of April, and ten days af-
ter demand, there will be an addition of
five per cent, as penalty for such neg
lect, and of interest at one per cent, per
month. .ar--+."ra ra. .H.st ,i7 ;i5.s .or"
Guardians, trustees, executors and ad-
ministrators and persons acting in any
other iduciary capacity, are required to
make returns of the income belonging to
minors, or other persons for whom they
act, and the income tax will be assessed
upon the amount retnl. ed, after deduc-
ting such sums as are exempted by law
that the exemption of one
thousand dollars shall not be allowed on
account of any minor or otl.er beneficial
ry of a trust except upon the statement
OF the guardian or trustee, male under
oath, that the minor or beneficiary has
no other income from which the said
amount may be exempted and deducted.
When coupons of United States bonds,
or gold received as interest on bonds,
are sold within the year, the amount of
legal tender currency received therefor
should be returned as income under para
graph 9. -'H -
When any person has gold, or cou-
pons payable in gold, on hand at the
close of the year, its value should be re-
turned at the value of gold at the close
OF the year. This value in New York
was 1881. ....s-.--.. .,,..
Articles embraced in Schedule A must
be returned in the list printed on the re-
Where any articles named in Schedule
A are owned, possessed, or kept by part
nership. firm, association, or corporation,
they must be returned to the assistant
assessor of the district in which such
frn, association, or corpor
alton has its Office or principal places of
business -H
When such articles are held by an
the return will be made in
the district in which he or she resides.
The following is the form of oath that
every tax payer is required to make to
the correctness, of his return Of income
He must swear or affirm: -."
That the statement contains full, true,
and correct account ofhis in
come tor the year A. D.. 1867, which he
has received, whether derived from any
kind OF property, rents, interest, divi-
dends, or salary, or from any profession
trade, employed, or vocation, or from
any other source whatever, from the first
day ofJanuary to the thirty-frst day of
December, A. D.. 1867, both days inclu-
sive, and subject to an income tax under
the excise laws of the United States
and that he has not received, and is not
entitled to receive, from any or all
sources of income together, any other
sum for the said year besides what is
herein set forth in detail, except such