Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-07
LAWS OF TIE UNITED STATES.


section, thers shal Be deducted from the gains,
profits, and income OF any person AL nhtonai: Suate,
COUNTY, and municipal taxes paid 0y MN nr n w1,a gas rss
an bis losses actually sustained during the year
lrislng from nrrk floods. shipwreek. Or Incurred IN
trade. and debts asceItalned 70 De wois9issI,, sS |,
amount OF Interest paid during the year. ana
TIE amount paid for rent or labor 70 cui'
.ly.te laud, Or 70 sSna +. s.-S any t Stle amount oSssi
paid for the rent Of the house or premises occupied
a. q residence for himself or his family. and the
deiuction aSsii Be made for any amount paid out ior
new buildings. permanent improvements. or better.
ments made 10 Increase the value Of any property or
SEC. 10. And b u further snaeted, That the tax
hereinbefore provided shall be assessed upon tnc
gains, profits, and income for the year enulng on
time for ievying and collecting said tax. and shall
De levied on the nrst day OF March, elgetecn hundred
and seventy-one and eighteen hundred snu sevenH'
ssS a. m Sp Fl due IL : and P a .ais Ses or oe %nd Inc i% s sadiifen
20 any sum annually due and unpaid Lter ne mn,
tieth day o Aprtl, and for ten days ater notice and
demand thereofby the collector. there shan De lev:eo
and collected, as q penalty, the SUN. Of nye per cent;
um' on the amount unpaid, aud interest on sala
amount al the rate or one per centum per hlontn
.ststes Or deeessed. insane, or i%nsolvent persons;
SEC. II. Aad BE- Il further enacted, That II shall
be the duty OF every person OF lawful aS". Wnoas
RTOAA income uuTl0K tue VItCCulIs lVsh
two thousand dollars, to make and render q return
OIL or before the day designated BY law, 10 the asAist
ant assessor OF the district In which nc resilss 9i 'ne
Rross amount or his income, gains, ana plouts as
Aforesaid; but not including the amount received
from any corporation whose officers, as autnoti,se
by law, withhold and pay a~staNesa per Genuine OF the
dividends made and Of the Interest on coupons pau
by such corporation. nor that portion OF the salaIy "
pay received, for services In the civil, military, maya"
or other service Of the United States, or as ssnn:snicS,
representative, or delegate In Congress, from Whvn
tax has been deducted, nor the wages OF minor enlIa-
rem not received: aud every guardian Anu tiustSs,
executor or administrator. ald any rc,,drnt agent
for, or c~opartncr OF. any NONRESIDENT alien. aeiiYims
income. gains. aud profits from any business, .ta u,
or profession cnrrfrl on In the United states, or iroui
rents OF real e.tIls situated therein, shah nlaNe anu
render a return ~ aforesaid to the assistant aSes'ot
or tile district In which he resides OF the amount oi
income ISon, (. CALM an Tb pss sssi. !, ~ Assessor shall require
every such return 10 be verified by the oatn Oh the
party rendering II, and may Increase inc amount :.
reason TO believe that the same Is unhcrStated. In
case any person having u gross Income as ABOVE, u
two thousand dollars or more, Ssan ne Kan ,snfer :
false or fraudulent return, the aSsesoro o. the n.sStant
assessor shallmake such return. accordins, 70 the pc,
Information he can obtain by the examination oikaid
person, or Of Hs books or accounts, or by any othet
evidence, and shall add, ~ a penalty, TO Inc amount
OF tile tax due thereon, my per cehtum ~ n.y. easrH
or wIIlml neglect q. refusal 10 make and render u re-
turn, mud one hundred per ccntuni IN all cases ni "a
falsc or fraudulent return having been rendered. lie
tax and the addition ~ :, T. u az peqI urSr HILL for in
cases or wiuful neglect or refusal TO render u return,
or II rendering u false or fraudulent return. Dut no
I penalty shall be assessed upon any person Tor suSh
neglect or refusal, or for making % rendering u ialsc
or fraudulent; return, except alter reasohaOie hotSe
ofthc time and plare ofhearins, 10 bereshlalc9 py nv
Commissioner OF Revenue, so as 10 give the
person charged an opportunity 70 De henIu' fT0
rided. That no collector. deputy collcc;or,nsses,or or
assistant assessor shall perillt TO Ge puDIsnea ,h ~ snS
except such general statistics, not Specifying W.
names OF individuals or firms. as he may make puolc
under such rules aud regulations rs lhe Coihniissioh'
er OF Internal Revenue shall prescribe.
SEC. IL. And be u further enacted. That when the
return OF any person Is increased " me ASSISTANT srn Az az
counts and be permitted 10 prove and declare, unusr
oath, the amount OF income liable TO be assessed;
hit such oath and evidence shall not be conclusive
ofthc facts, and no deductions claimed In such cases
shall be allowed until approved by Tie assistant as
SCISSOR. Any person may appeal from tie dee!Son
of the assistant Assessor, In such cases, 10 thc nsschs-
or or the district, and his decision thereon, Lnlcssr re-
vcrsed by the Commissioner OF Internal hcreiuc,
shall be final. Tie form. time. and manner OF pro
cccuIngs. shall be subject 10 regulations 10 DC pre-
scribed by the Commissioner OF lntcrnal Revenue.
SIC. Is. Aud be u further enacted, That any per
son, IN his wi behalf, or as sucn hhueia,S asThn ~
scsseI Of all Income OF two thousand dollars. IaDie
TO be assessed according to the provisions ofthls aei;
or NAV declare that an Income tax has been assessed
and paid elsewhere In the sane year, ullder nutnost
~ Otthc United States, upon his income, Gains, ana
| DfOutN. UT IlObC OF I1 Nilus - I
| bal. as required by law: and lf the assistant asNcA'0r
shall be satisfied OF the truth OF the declaration, such
person shall thercupon be exempt rom INCOME ID"
SIC. II. And be Il further enacted, That conSnlS
OF foreign governments who are not citizens OF ihe
| United State. shall be exempt from any Income taN
in,nOscI bv this net which may be derivci rom thtlf
| official cmoiunients. or from property III ioreisn
countrirs: Posidsd, That the governments which
cmp,ion TO consuls OF the United States. 49,
SIC. Is. dnd be Il Jrthsr enacted. Ihat tncr rr
! shall he levied and collected ior ana aur'nS tn voy ans
one.half per centun on the amount OF all interest," OF
coupons paid on bonds or other evidences OF Icot y.
any of tho Corporations In this section hereinafter
enumerated, and on the amount or all dlrlicnds OF
earnings. income. or Eains hereailer heelhrru, W anS
bank, puSt COMPANY, savings Institution, Insurance
conlpant. railroad company, canal company. turn
pike company, canal navigation company. andslaek.
water company. whenever AMI wherever the slnie
shall be PAYABLE, and to whatsoever person inc same
may be due, Including n0n-resldents, whether GU
rens or aliens, and on all undivided profits cI any
such corporation which have seS,ESa anu ~ o W.,
fund, AMI every such corporation having palu tlS
tax rs Aforesaid. Is hereby authorized 10 deduct an!
Withhold from any payment on account OF Interest,
coupons. and dividends an amount equal ~ the tax
Of two and one.half per centunl on the same ana
the payment TO tue United states. az provided by
Law OF the amount OF tax 80 deducted from the In
tcrcst, coupons, and dividends aforesaid. shall dis
charge the corporation from nry liability; for thai
amount Ofsaidintercs coupons or dlSlienL ,eIalinea
as tluc to any person, except In cases whtrc SAID
corporations have provided Otherwise by an express
contract: Prorided. That the tax upon the dividends
ofinsurancc companies shall not pe dc"hled que uh'
III such dividends are payable. either 10 money or
otherwise; and that the money returned by mutual
insurance companies TO their policy.holiers, and the
annual or seniiannual interest allowed or paid To
lie Jepos,tors in savings banks or savings instItu.
lions, shall not be considered 40 dividends; and that
when any dividend Is made or Interest as aforesaid
10 paid, which Includes any part OF the surplus or
contingent fund OF any corporation which has been
assessed and the tax paid thereon. or which includes
any part Of the DIVIDENDS. interest or coupons re-
cefvel from other corporations whose officers arc an-
thoriLed by law 10 withhold a per centrum on the
same, the amount Of tax 10 paid on that portion Of
the surplus or contingent mud. and the amount "I
tax which has been withheld and paid on dividends.
interest, or coupons so received, may he deducted
from the tax on such dividend or interest.
SIC. l6. Andbe nJIriher enacted, Thatevery per
son having tho care Or management OF any corpora
ton liable TO be taxed under the last preceding sec
lion, shall make and render to ,hc assessor or assist
ant assessor OF the district In which such person ia,
his Office for conducting the buslnsSs OF such corpOr
alton, on or before the tenth day0f the month follow
ing that In which any dividends or sums Of money
become due or payable a. Aforesaid, q True anu COM
plete return, IN such form AZ the Commissioner o
Internal Revenue may prescribe. OF the amount o.
Income and profits and OF taxes as aiofcsald: nm
president, cashier, or treasurer Of the corporation
under oath, that the SAME contains u true and com
piete account q th .s income Sa ana RrGIn ~ ,b SH n, Q, iSH g,
rendering or such return, with such declaration an
ncxed, the corporation 10 In default shall forfeit. as 0
penalty, the. sum Of one 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 a,
required. or Of any part thereof. the assessment and
collection OF the tax and penalty shall be ~ accom-
ance with the general provisions oflaw In other cases
OF neglcct and refusal.
SIC. ~. And Be it further enacted, That sections
one hundred and twenty. one hundred and twenty.
one, ono hundred AMI twenty-five, and one hundred
and twenty-thrco OF the act Of June thirty. eighteen
hundred and AlSty.folr, entitled An act ~ provide
Internal revenue to support the government, TO pay
| interest on the pnblic debt, and for other purpoSeS,
az amended. by the Act Of July thirteen, eighteen
hundred and slxty-Sx, and the act OF March two,
eighteen hundred and sixty-sevcn. shall be construct
TO impose the taxes therein mentioned TO the nrst
day OF August, eighteen hundred anil seventy. but
after that date no further taxes shall be levied or as.
kesyed under said sections: and all acts and parts OF
acts relating To the taxes herein repealed. ana fhdt
all the provisions Of sald acts. shull continue In ini
sessed or liable to be assessed, or nccruing under the
provisions or former acts, or drawbacks. the right TO
which has already accrued or which may hereafter
accrue under said acts. and for maintaining and con,
tlnuing liens, nncs. penalties. and forfeitures incurred
under and by virtue thereof And this act shall not
be construed TO affect any act done, right accrued, or
penalty Incurred under former acts. but every such
| completing all proceedings which have been already
commenced or that may be commenced TO enforce
such hnes, pcnAltlcs, aud iorfrltuTes, or criminal pro-
ceedings under sad acts, and for the punishment OF
crimrsof which any party shall be or has been found
SIC. IL. And be Il further enacted, That the Pres
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 the internal revenue. without
lmpaIring the efficiency OF the service, and there
upon shall retain hut one collector and one assessor
To- HNtrh AaIaRWAN Ills IL md hn FAIIhn 4 q mIa