Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-13
LAWS OF THE UNITED STATES.

arising from fires, nOods. snip rIe.a, ,iaSs hit az,
et1Iinr Mi estimated depreciation OF values WY
amount Of interest paid during thS year. S snI
TIE amount paid for rent OF iao Sansr - hnsi.
tiyate land, or to conduct any other oum,
ness nom which income Is derived; the anlo9ni
Maid for The rent OF the house or premises oSeup ~
a. a residcnce for himself or his family, anu ~
amount paid 3pt ior nsusi anu ~ nman2t naiI out for
new buildings, permanent improvements. or oe,.et.
ments made to increase the value OF any property Vi
SIC. 10. Avid be q further enacted. That the TAX
hcreinbefore provided shall be assessed upon the
gains, profits, aud income for the year enuins pn
the thirty-nrst day o. Dsse cen . nJd' tppX' and shall
be levied on the first day OF March. elgetecn huhuIeu
and sevcnty-one and eighteen hundred anu seSsnLy'
two. and be due and payable on or peiore 'h ~ nlIIt,!on
day OF April In each OF said years. And III addiil9n
to any sum annually due and unpaid after the thlr,
tieth day OF Aprl, aud for ten days ater notice anu
demand thereofby the collector. there shall De lev:ed
and collected, a. q penalty. the sum o fnve per ceni,
UNI on the amount unpaid, and Interest on saia
amount ut the rate Of one per eentum per nlonln
from the time the same became due. except rom the
estates OF deceased, insane, or i~nsOlvent persons. -,
SEC. u. hnd be u further eaaeisd :. That II shail
b. the duty OF every person OF wfu nSe, whose
gross income during the preceding year excseIea
oil or before the day designated by law, TO inc assist
ant assessor OF the district In which he resldes OF the
SToss amount m, Of IN ais ,r i9S s s gains sm ann pr rceaive al
fr6m any corporation whose officers. US ahthorlhNl
by law, withhOldn and pay astaNesa per centum Of the
dividends made and OF me lnieres. On S9npons pau ~
pay received, for services IN the civil, military. naval,
or other service Of the United States. or as senator.
representative, or delegate IN Congress, from When
tax has been delucted, nor the wages ol minor c,iilu-
rem not receivcd; and every guardian ana trustee,
executor or administrator. and any person actllls
In any other nduciary capacity; or asa Lesiaeht SsSm.
income. gains. and profits from any business, trade,
or profession carried OH In the United States. or from
rents OF real estate situated therein. shall make AMI
render a return as aforcSaid to the assistant assessor
or the district In which lie resides OF the amount OF
income. gains and profits Of any minor or person ior
whom lie acts. The assistant assessor shail. require
every such return to be verified by the oath Of the
party rendering II, and may Increase the amount OF
any return, amer notice TO such party, u ne mas
reason 10 believe that the same Is understatcd. In
case any person having 4 gross Income as above. Of
two thousand dollars or more. shall neglcct or refuse
to make aud render such return. or sliall render a
false or fraudulent return, the Assessor or ths assistant
assessor shall make such return, according 10 the best
Information he can obtain By the examination oiSald
person. or Of his books or accounts. Or W any otler
evidence, and shall add, rs u penalty, 10 Inc amount
Of the tax due thereon, my per ccntiil In al cases
Of wIllful neglect o. refusal to make aud render u re-
turn. and one hundred per centnnl ~ all Gases @, a
false or fraudulent return having been rendered: The
tax and the addition thereto as penalty shall DC as
sessed and collected In the manner provided for ~
eases Of %!Ilai neglect :, Of [,r rS,TsG. Ip rr,nrn, I'M, nc
penalty shall be assessed upon any person for sncil
neglect or refusal. or for making or rendering a ialss
or ITuulultuI TGtuTHt CNNNIhu thN
ofthc time and place oflearing. TO regulated byth
Commissioner OF lntcrnSl Revenue, so as TO give the
person charged an OPPORTUNITY 10 be heaIn; lTU
riird, That no collector. deputy collectDr,asscssor OF
assistant Assessor shall permit TO be published III any
manner such income returns, or any part thereol
except such general statistics. not specifying W.
names OF Individuals or frms, Us lie may make puDllt
under such rules and regulations as the Commission
er OF Internal Revenue shall prescribe.
SEc. L.. Andbe IL further enacted, That wien inc
return OF any person IL increased by the assistant as
SCISSOR, such person may exhibit his books ami nc
counts and be permitted to prove and declare, uhiri
oath, the amount OF Income liable 70 be assessed
but such oath and evidence shall not be conclusive
Of the facts, AMI 10 deductions claimed In stch Gases
shall be allowed until approved by the assistant as
SCISSOR. Any person may appeal rom the ucclsloh
or or the district, and his decision thereon. unless re-
versed by tho Commissioner OF Internal Revenue.
shall be rnal. The form. time. and manner OF pro-
crcdings, shall he subject to regulations 10 De pre-
scrIbcd by the Commissioner OF Internal Revenue.
SIC. Is. And be Il further endeted. That any per
son, IN his own behalf, or a. such fdnciaiy or a:en.'
shall be permitted to declare. under oath. that he,
or his ward. beneficiary. or principal was MOI p2s.
sessed Of ali income OF two thousand dollars, hnbie
TO be assessed according 10 the provisions OF tllis act;
or may declare that an Income tax has been assessed
and paid elsewhere In the same year, under authotl,
IS ofthe United States, upon his Income, gains. aha
profits. or those Of his ward, beneficiary. or llrlnel.
pal, as required By law: and IT the assistant assessor
shall be satisfied OF the truth OF the declaration, sucI
person shall thereupon be exempt from Income lax
In the said district.
h. IL " " 80 NheNhNNN
Of foreign Governments who are not citizens OF thG
United States shall be exempt from any income IA,
Imposed by this act which may bederiyed from LncaL
official eInolunIents, or from property IN iOreiSI
c0untrlrs: Proriied, That the governments Wnlcu
such cOnsuls may represent shall extend si;ll''ar OK
emption to consils OF the United States. 49,,
Sic. Is. AHi be il further endeied,. That the..
shall be levied ami collected for AMI during Tie zeal
eighteen hundred AMI scventy-Onc utaX OF Two AM
Sns,nM,t PET pstG Se en- SnnS 4n or ~ S,her evidences Of debt IL
sued and payable In one or more years AFTER uatc. .!
any Of tho corporations In this section hcrclnaitei
enumerated and on the amount OF an HivlIeLus -
earnings. Income, or gains hereafter declared, by any
bank, trust company, savings Institution, Insurance
company, railroad company, canal company. turh
pike company. canal navigation company ahi saoh
water company, whenever and wherever the same
shall bG payable. and to whatsoever person INC saiif
may b. due, Including nOil-rchidents, whether GU
Ecns or aliens. aud on All nndiVlucd pton,s o' my
earned and added To any surplus. contingent or o'lle'
fund. ami every such corporation having pali tiS
tax AS aforesaid, Is hereby authorized 10 deduct and
withhold from amy payment on account OF Interest
coupons, and dividends an amount equal 10 the tax
oftwo and 0Ile-half per ccntnni ON the saline anu
the payment 10 tho United States. ms provided by
law, OF the amount Of tax 40 deducted from the iir
tcrcst, coupons, and dividends Aforesaid, shall dis
charge the corporation from any liability, for that
amount Ofsaid Interest, coupons, or dividends claimed
~ due to any person, except In cases where said
corporatIOns have provided otherwise by All express
contract: Provided. That the tax npch tne dIS W.
I'll such dividends ne payable, either IN money or
otherwise; and that the money returned by mutual
insurance Companies to Their poicSS.ESlaet n an. .dt n e
the depOSItors In savings banks or savings lnsutu-
tions, shall not be considered rs dividends, aud that
when any dividend IL made or interest rs Aforesaid
Ii paid, which includes any part OF the surplus or
contingent fund OF any corporation which has bccn
assessed AMI the tax paid thereon. or which includes
any ~ par. Of the The disiasn1s f;d Interest xsasS OF 6o SSasU 1ns h re.
th0Iized by law TO Withhold a per ccntuni on the
same. the amount OF tax 40 paid on that portion Of
tax which has been withheld and paid OH dividends.
Interest, or coupons 80 received, may be deducted
from tho tax on such dividend or Interest.
SIC. Is. AH3b Be Il further enacted, Thntcvcry per
son having tho care or management OF any corpora
ton liable 10 be taxed under the last preceding sec
lion. shall make and render to the assessor or assist
ant assessor OF the district In which such person has
his office for conducting the BUSINESS OF such corpor
alton, on or before the tenth day. Of the month follow
Ing that In which any dividends or sums OF money
become due or payable as aforesaid, a true and com.
plcte return, In such form rs the Commissioner U
Internal Revenue may prescribe. OF the amount Of
Income and profits and OF taxes as aforesaid; aud
tncrs shall be annexed thereto a declaration OF the
president, cashier, or treasurer OF the corporation,
under oath. that the saule contains q TRUE and COM
plete account OF the income and profits and OF taxes
MS aforesaid. And for any default In the making or
rendering OF such return, with such DECLARATION an
ncxed. the corporations IN default shall forfeit, as a
penalty, the sum Of ono thousand dollars; and In
case OF any default IN making or rendering said re-
turn, or Of any default In the payment OF the tax rs
r rNqIaH,.dn or OF Of "a, any part nd f9 nsSsIiy ts sS, nsi BE- ~ aeeo Sl,i.
ancc with the general provisions of law In other cases
Of neglect and refusal.
one hundred and twenty. one hundred and twenty:
one, one hundred and twenty-five. AMI one hundred
and twcnty-thrcc Of the act Of June thirty, elghteen
hundred and slxty-four, entitled act TO provide
Internal revenue to support the government, TO pay,
interest on the public debt, and for other purposes,
as amended by the act OF July thirteen, eighteen
hundred aud s~IXty-sIS. and the act OF March two,
eighteen hundred and sixty-seVcn. shall be construct
to impose the taxes therein mentioned to tho hrat
day OF August, eighteen hundred and seventy. but
after that date no further taxes shall be levied or as.
scssed under saId sections, aud all acts and parts OF
acts relating 10 the taxes herein repealed. and that
all the provisions Of said acts. shall continue IN iMl
scssed or liable TO be assessed, or accruing under the
provisions OF former acts, or drawbacks. the right Ia
which has already accrued or which may hereafter
accrue under said acts, and for maintaining and con.
tInulng liens, fines. penalties. and forfcitnres incurred
under and by virtue thereof. And this act shall not
be construed TO affect any act done, right accrued. or
right IL hereby saved. And for carrying out and
completing all proceedings which have been already
or that may be commenced to enforce
such lines, penalties. and forfeiturcs. or criminal pro,
cecdlngs under said acb, and for the punishment OF
crlInrsof which any party shall be or has Icon found
guilty.
ident Is hereby authorized to annex to, and unite
with each other, two or more adjoining collection
districts, whenever In his opinion II will reduce the
expenses Of collecting tho Internal revenue, without
impairing the efficiency Of the service, and there
upon shall retain but one collector AND one asscxsor
for such enlarged district. AMI tho President il also
10 consolidate IN like manner, at his dis.
c~letlon, any two or more adjoining supervisors dis
trictz, and TO retain or appoint one supervisor for
such consolidated district.
SIC. 10. And Be u further enacted. That as soon
NJ practicable aftcr the passage Of this act the mum.
Der Of assistant Assessors employed shall be perlna-
ncntly reduced by the discharge Of all officers Of that
class who are assigned specially TO the assessment OF
any taxes which shall have been abolished hy law,
and the Commissioner Of Internal Revenue shall he