Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-09
LAWS OF TIKI UNITED STATES.

80 ~ WV aNkAAHy NatAAb hHN -
arising from hrrs, floods. shipvreek. or incurred In
trade. and debts ascertained TO be worthless, but ex-
eindinS all estimated depreciation Of values; the
TIE amount paid Tor rent or labor to eul.
nrAte land. or 10 conduct any other ous!-
meas from which income Is derived; the amount
IS Z residence for himself or his family. and the
amount paid out for usual anil ordinary repairs. No
deduetion shall be made for any amount paid QUITO
now buildings. permanent improvements. or better.
estate.
SIC. 10. And be Il further enacted. That the tax
hercinbefore provided shall be assessed upon the
gains, profits, and income for the year ending on
tho thirty-trst day OF December next preceding the
time for levytng and collecting said tax, and snai,
be levied on the frst day Of March, eIgetcen hundred
and seventy.one and eighteen hundred and seventy
two. and be due and payable on or before,th thlrtletn
day ofApril In each Of said years. And IN addiuon
tleth day OF April. and for ten days after notice ana
demand thereofby the collector, there shall DC ley:ed
and collected. as q penalty. the sum OF nye per eent,
amount at the rate OF one per eentum pei. month
from the time the same became due. except ron inc
estates Q. deceased. insane, or i%nsolvent persons;
be the duty Of every person OF lawful age. whose
gross income during tho preceding year cxeeeiea
two thousand dollars, 10 make and render a return
on or before the day designated by law. TO the As.ist.
ant assessor or the district In which he resides Of the
gross amount OF his income. gains, ana pronth a.
aforesaid; but not Including the amount fscslsed
llbAAA Ahy " Nt1SsAs
BY law, withhold and pay nstaxesa per centunioi ths
dividends made az Il the interest on coupons paid
Day Us 'q qece fSsRo SSf s.rsI RS, i IN sh eS eIviI. military. naval.
or other service oil the United states, or As senator.
representative. or delegate In Congress, rom WHEN
tax has been deducted, nor the wages OF minor child
rem not received; and every guardian and trustee,
executor or administrator. and any person Hcllng
In any other nduclAry capacity: OF asa resident agent
income, gains, and profits from any business, trade,
or proiGaIon carried on In the United States. or rom
rents RI real estate situated therein. shaH make anu
OF the district In which lie resides OF the amount OF
Income. gains and profits OF any minor or person iI
whom he acts. The assistant assessor snail re9uiIe
every such return TO be verified by the oath OF inc
party rendering II, and may Increase the amount OF
any return, after notice 10 such party, u ne nhs
reason TO believe that the same Is understateu. AZ
case any person having a gross Income as ABOVE, ol
W thousand dollars or more, shall neglect or refuse
to make and render such return, or shall render =
false or fraudulent return. the assessor o. the a.sis,an,
axssesor shall make such return, accordinRt 10 the Dest
m he can obtain by the examination OF nllu
person, or OF his books or accounts, or ny any olnci
evidence. and shall add, as penalty, 10 tne n'I c"nns
OF wIllful neglect o: refusal to make ana renueI =,
turn, and ono hundred per centuni IN All eases g,h
false or fraudulent return having Deeh ienIs!Tut n
tax and the addition thereto as penalty SHAH pc as
sesscd aud collected In the manner proflleu loI III
cases OF wiIlnul neglect or refusal TO render 4 heturm,
or II rendering a false or frauduient re.upn' tap such
neglect or refusal, or for making or RENDERING a Iase
or fraudulent return, except after Ieasomhoe ~ ne
oIthe iime and place ofhearin., TO be regulated ny the
commix,ioner OF Internal Revenue, 30 as 10 give lne
person charged an opportunity 70 oe hearui "
vided. That no collector epHty % sH be eneusSSIlsSed in any
manner such income return, or any par theien'.
escept such general statistics, not speclSlnS w
names or individuals or IA s.as he MAY niaxS ., y
under such rules and resr lions as the Soihniiae''"'
err OF Internal Revenue 81 Ill prescribe; A..
SEC. Il. And Be IL Jari.er enacted; Lhat wnem NV
return Of I any r pessEn ma rs !, Exhibit ;rsaseh ii Ii. BOOKS and &C.
counts and be permitted TO prove ana ucSlais, u.u
oath, the amount OF Income liable 70 DC assgssgu,
mi such oath and evidence shall not DC conclusive
Of The facts. and no deductions claimed In such cases
shall be allowed until approved by me assistant as,
scssor. ANY person may appca, IIoih ny es.aSs'
Of thc assistant assessor, In such cases, 10 tne assess'
or Of the district, and his dcc'slon thereon. nnlessie-
yersed by the Commissioner OF Internal hevenuc,
shall be ilnal. The form, time. and manner o. pro.
cce,iIngs, shall be subject TO regulations 10 DC pre-
scrlbed By INC Commissioner Of Internal Revenue.
SIC. is. And De Il further enacted. That any per
son; in his own beh,ii' OF a. suG In nssG aatS. thSs he,
or his ward, b. ichclnry, or principal. was not pos.
Ses,ed Of an income Of two thousand dollars. liable
. BE .s: sss;.ls a eco III fu 60 Inc P PsS has, Sse Si assessed
and paid elsewErrc In the Ame year. under autnoil,
~ ofthc Unit . Itcs, upon his income gains. anu
p pnI' ~ reauirSd by law: and Il the a~sslsian, assessor
shal be satisfied OF the truth Of the deelaratlen, sucn
person shall thcreupon be exempt from income TAX
s ia Il. And BE- Il further snaetsd. That eonslls
Of foreign governments who are not citizens OF !hc
United Stale. shall be exempt from any income ,aS
imposeI By this act which may be derived from tneli
countrirs: PSovidsd,, That the governments whiet
such eonsuls may represent snali SxsSna s'm''A'e "a
SIC. IS. Aad be q Jurther Enacted. Tnat tnett
shall DO levied and collected for and during inc yea
eighteen hundred and seyenty.one a taI .! t~e to ~
coupons paid on bonds or other evidences OF 9cot ~
sued and payable In one or more years avg. an,s; n y,
snnmcrstsd' and on the amount OF all dividends o
earnings, income. or gains hereafter deeAre1, by An!
bank, trust company. savings institution. lnautans'
pike company, canal navigation company, anu slack
water company, whenever and wherever tne sant
shall be payable. and to whatsoever person INC Ams
aenI or aliens. and on all undivided pronis or an!
such corporation, which have accrued ana DecI
earned and added to any surplus. contingent or 9tne
tax as aforesaid, 10 hereby authorized 10 deduct am
withhold from any payment on account OF interest
coupons, and divldends an amount equal 10 the "a,
| oftSo and one-half per ccntum on the same ant
| Inc payment 70 the United States. a. provided b,
law, OF the amount OF tax 80 deducted from Tue ~
tcrest. coupons. and dividends afGresald. shsll ds
| amount ofsaid interest. coupons, or difidelrls ,clnlmro
~ due 10 nny person. except IN eares where sale
e]o rRE Provides, That The tax upon Inc dividend,
| ofInsurancs companies shall not be deemed due I'M
I'll such dividends arc payable. either IN money OF
| OtleTNlhe. anu LnuL liz lOlrg " htdhaui
Insurance companies TO their polcy-holders. and the
annual or semi-annual interest allowed or paid TO
the drposltors In savings banks or savings lnstitu.
lions, shall not be considered as dividends; and that
| when any dividend Is made or Interest rs Aforesaid
Is paid, which includes any part OF the surplus or
contingent fund Of any corporation when nas oecn
any part OF the dividends. interest or coupons re-
ceived from other corporations whose officers aTcAu'
thohted by law 70 Withhold o. q pr an I I'm, nar Gn '% q
| the surplus or contingent fund, and the amount o.
tax which has been withheld and paid on dividends
interest, or coupons 20 received, may DC dedue'eo
SEC. IL. hndbsii further enacted, Thatcvery per
RON having the care or management oi any corpora
ton liable 10 be taxed under the last preceding sec
Hon, shall make and render 10 the assessor or assist
ant assessor OF the district In which such person Ia
his ONCE for conducting tho BUSINESS OF such eorpor
alton. on or before the tenth dayo the month follow
Ing that In which any dividends or sums OF mono!
become due or payable as Aforesaid. a true and com
pleto return, IN such form rs the Commissioner o
Internal Revenue may prescribe. OF The amonn' o
Income and profits and Of taxes as a~foresali; an
there shall be annexed thereto a declaration OF tn
president, cashier, VI treasurer OF the corporation
under oath. that the same contains \ true and com
plete account OF the income and PROFITS and OF take
a. Aforesaid. And for any default In the making o
rendering OF such return, with such declaration an
ncxed, the corporation 80 In default shall forfeit, as
ease OF any default in making or rendering said re
turn, or Of any default In the payment OF the tax a.
required, or OF any part thereof. the assessment ant
| COleCllOu VI u TAN Anl RSNlhthy oitht " -
ancc with the general provisions flaw In other case:
OF ncglect and refusal.
SIC. IL. And % Il further enacted, That section,
one. one hundred and twenty-five. and one hundred
and twepty.three OF the act OF Juns thirty, eighteen
hundred,a and sixty,fogT; entitled ,bS uoSarn nc, ~ p 10 noS
interest on the public debt, and for other purpose
as amended by the act OF July thirteen, eighteen
hundred and ~sixty-six. and the act OF March two,
eighteen hundred aud siXty.sevcn, shall be construed
TO Impose the taxes therein mentioned 10 the nrst
day OF August, eighteen hundred anil seventy. but
after that date no further taxes shall be levied or as.
sesscd under said sections: and all acts and parts OF
acts relating n the taxes herein repealed, and that
all the provisions Of said acts. shall continue In full
force for levylng and collecting all taxes properly Ms.
seSsed or liable 10 be assessed, or eccruing under the
provisions OF former acts. or drawbacks. the right TO
which has already accrued or which may hereafter
accrue under said acts, and FOR maintaining knd con.
tinuing liens, fines, penalties, and forfciturcsl Incurred
under AMI by virtue thereof And this act shall not
be construed TO infect any act done. right accrued. or
penalty Incurred under former acts. but every such
right Is hereby saved. And for Carrying out and
completing all proceedings which have been already
commenced or that may be commenced 10 enforce
such nnes, penalties, and fortslturcs,o or criminal pro,
eeedlngs under said acts, and for the punishment Of
crlmesof which any party shall be or has hecn found
SEC. "a, AID DO Il yurtho enacted, That the Pres.
ident 10 hereby authorized 70 annex 10, and unite
with each other. two or mprc adjoining collection
districts. whenever In his opinion II will reduce the
expenses OF collecting the internal revenue. without
lmpalrinE. the efficiency Of the service and there
for such enlarged district. And the President Is also
authorized 10 consolidate IN ike manner, At his dis.
celon. any two or moro ~adJoinlng SUPERVISOR dis
Giet, and 70 retain Or appoint one supervisor for
SEC. -. .AHd b Il further esaetsd, That IS soon
A. practicable AFTER the passage Of this act the num-
Der Of assistant sssessol employed shall be perna.
eia.s Who Ss are sssr fnnssa a spesisIfy e. % q he a aSsss@ !, sas q
any txes which shall have been abolished By law;