Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-08-15
THE REGULATIONS UNDER THE
NEW INTERNAL REVENUE LAW.

Instructions IN regard 10 the assessment
and reassessment Of official taxes under the
act Of July both, 1868, have Just been pre-
pared at the Internal Revenue Department;
as under that act several new special taxes
are imposed, and some existing taxes are
increased Ia amount or otherwise.
Distillers commencing business subse-
quent 10 The passage of this act will be as
sessed Tor the unexpired portion Of the
year at the rate Of four hundred dollars
per annum, beginning with the FIRST of
May Of the month in which they commence
business, which will entitle them to pro-
duce or manufacture at the rate Of one
thousand barrels per aunum. coz
Distillers who have been assessed a nd
paid special tax for the current year Of
Onehundred dollars, will be rcassessed at the
increased rate. In making the reassessment
allowance will be made for the proportion
OF the tax already paid, appropriate to the
unexpired portionof the year. The tax
will be reassessed from August first, or
three-fourths of the year.
Rectifers are required to pay two hun
bred dollars for not exceeding two hundred
barrels, and fifty cents for each barrel in
excess Of that number. Persons who en-
gage in rectifying under the new act will
be assessed the pro rata proportion OF the
two hundred dollars, and the fifty cents per
barrel will be collected on each barrel in
excess Of such pro rata proportions of two
hundred barrels.
The specific special tax on wholesale
liquor dealers is not changed but change
il made in the crate of the additional tax on
sales, and in the amount Of sales in excess
of which the additional tax is to be as
sessed. II person commences business as
a liquor dealer in August, be would be
liable 10 The special tax appropriate to the
uneTpired portion Of the year, or three,
fourths Of 500, and this would cover the
sale Of three-fourths Of $4,000 or $l8,750,
which, when exceeded, he must begin TO
make separate returns and pay the addi-
tional 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 afterwards at the
new.
This end will pc reached by exempting
him from the monthly tax, until his sales
made alter 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 $780, 600 before the change, he
may sell $4,000 afterwards; Il he had
sold $4,000 before, he may sell $4,000
after the change.
Manufacturers of stills will be assessed
pro rata for the unexpired portion of the
year, 4. C., 10 Of $50,000, or S3S, 800. If
however, he has already paid a special tax
of SO az q manufacturer, he will be enti-
tied to a deduction of 10 of $40, or 81 n,
making the amount for which he is 10 be
assessed S3l II. In addition TO this. he is
liable TO tax Of $50 for each still, and $50
for each worm made by him for distilling
II, however, he manufactures other articles
besides stills or worms, he is not entitled
10 any deduction on account Of The special
tax paid "a a manufacturer.
Dealers in leaf tobacco whose sales do
not exceed ten thousand dollars are 10 nav
twenty-five dollars, and in addition two
dollars for every thousand dollars in ex.
Gers Of ten thousand dollars. Ifin business
on July Goth, they will be assesse d seven
ninths Of twenty-five dollars, and when
their sales exceed seven-ninths of ten thou-
sand dollars, they will become subject TO
the additional tax of two dollars a thou-
sand. Dealers commencing business subse-
quent b. this time will be assessed q Uro
rata proportion of twenty-five dollars count
ing from the first day of the month in
which they commenced business, and the
tax OF two dollars will attach when their
ga - shall exceed the same pro rata pro-
portion Of ten thousand dollars. Whole
sale dealers, tobacconists, manufacturers Of
cigars, and manufacturers Of tobacco who
sell leaf tobacco, must pay the special tax
OF dealers in leaf tobacco, in addition TO
their own special tax.
Every person whose business il il 10 sell
manufactured tobacco, snulror cigars is re-
garded as a dealer in tobacco. and where
his annual sales exceed one hundred dol |
lars, and DO not exceed one thousand dol |
lars, must pay FIVE dollars and two dollars |
IN addition for each thousand dollars in ex-
cess Of one thousand.
Any retail dealer, wholesale or retail |
liquor dealer or keeper Of a hotel or eating |
house, who sells tobacco, snuff or cigars,
must pay, in addition 10 his special tax "a I
such, the tax ~ = dealer Ia tobacco. The |
assessments for the unexpired portion of the |
year will be made in accordance with the /
principles before stated.
Manufacturers 81 tobacco are required 10
pay special tax Of ten dollars. IL they |
manufacture cigars, they must pay a spe-
cial tax as sch in addition. Ifthey have
already iJeen assessed a special tax as to- |
baocoy,isis they will not be reassessed "a
Manufacturers Of tobacco.
In addition 10 the special tax Of ten dol 1
lars, tobacco manufacturer, where the /
amount Of the penal sum of his bond ex-
ceeds five thousand dollars, IL liable 20 a /
tax Of two dollars for each thousand dob
lars. In making this assessment assessors
will estimate the amount of tax which /
would be due for full year, and when the
assessment is 10 date from the time Of the
passage Of the act, assess the manufacturer
seven-ninths Of that amount. And when
he commences business subsequent TO the
month Of July, the pro rata proportion Of
such amount for the unexpired portion Of
the year, dating from the first day of the
month in which he 40 commences business.
Of tobacco are not required 10
pay special tax as dealers in tobacco for
selling the products Of their own manniac-
lures.
Manufacturers Of cigars are required 10
pay ten dollars when their annual sales do
not exceed FIVE thousand dollars, and in
addition two dollars for each Thousand in
excess Of five thousand. Those who have
already paid tax a. tobacconisls, aud do
lot manufacture tobacco, will not be re-
luired TO pay special tax as cigar mana
aclurers. II however, he continues TO
manufacture tobacco, he must be assessed
y a cigar manufacturer. IN such cases be
viii be assessed cor the ratable proportion
# two dollars. The tax Of two dollars per
ho;lsand will be nDou- the excess OF the |
no rata proportion Of FIVE thousand dol
rAs. Distillers, compounders, and manu-
aeturers Of stills-tobacco and cigars are
ot subject 10 the tax on sales imposed
y section 4, act of March 81, 1865.
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