Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-30
LAWS OF THE UNITED STATES.

| trade, and debts aGcertAined to be worthless, but ex-
s s%Saat y t iniers:s PAID darns he ys.. ana
ire amount paid for rent or labor 70 eul-
tivats land or 70, eonauet any other bus;
ness from which income ID derived; the amount
| paid for the rent OF the house or premises occupied
q . rc,idence for himself or bis family. and the
amount paid out for usual and ordinary repairs. NO
deduction shall be made for any amount paid out ior
new buidings, permanent improvements. or better
ments made 70 increase the VALUE Of any property or
SsIc. 10! Aud b % Gsrtke Enacted. That tho tax
Ihereinbefore provided shall be Asscsed upon the
gains. profits, and income for tho year ending on
tse tsity.nIIs day 70 q l DsesnlSer ne! Ssdt pTees snd ,s .se
be levied on tho nrst day OIL Aarch. eigeteen hundred
apd seventy ono and eighteen hundred and seventy.
.snd BE- eandp s,aS.s on Or oeiVTsi s pc t assIttan
10 any sum annually due and unpaid amer the thir,
| tieth day ofApril, and for ten days after notice and
demand thereofby the collector, there S6Sa % les;sc
| um on the amount unpaid. and Interest on said
amount at the rate Of one per eentum per month
estates OF deceased, insane, or l~nsolvent persons;
SIC. II. AID BE- u Jarthr enacted, Thati II shali
be tho duty OF every person Of lawful age. whose
noss income during the preceding year excee'ied
Two thousand dollars, TO make and render q return
on or before the day designated By law. 70 inc Assist
ant assessor OF the district In which he resides o. the
Uoss amount OF his income, gains, and pronn a.
Aforesaid; but not including the amount reeelved
from any corporation whose oncsrs. Is autnoI,Isd
S 5,y ItE; TI! Z, ssS ~. and p ga "a as inieSs., per oa e eSnISm 81 p old
BY such corporation. nor that portion Of the salary or
| pay received, for services 10 the civil. military, naval
or other service Of The United e r sates. 9t ,i az se Which
tax has been deducted, nor the wages OF minor eniIo-
rem not received; and every guardian anu trustee,
executor or Aiminlittator. ana any p eIIs%Tn a ss,n;
for, or c~opartner Of, any non.rcsldent Allen. oenvihe
| income, gains, and pronts from any business, trade.
or profession carried on In the United States, or from
rents OF real estate situated therein. shall make and
| render 9 return q Aforesaid 70 the assistant assessor
OF the district In which he resides Of the amount OF
\ income, gains and profits OF any minor or person ior
whom ne acts. The assistant asscssor shall require
every such return 10 be verified by The oath OF inc
party rendering Il. and may increase tne amount ..
any return, Alter notice 70 such party, IL ne mas
reason 10 believe that the same Ia understated. N
case any person having q gross Income as aboYe, OF
two thousand dollars or more. shall negleet OF lsluse
10 make aud render such RETURN or snail lendet q
false or fraudulent return. the assessor o. the ASSISTANT
assSeEor shallmake such return. according 70 the pest
iniofmationhe can obtain BY the examination of.sid
evidence, and shall add. as Q penalty. 10 me nnount
ofths tax due thereon my per SentGm IN as = rc.
turn, and one hundred per centuni In all cases Q. .
false or fraudulent return having been rendered.; Ine
tax and the addition thereto Us penalty shai oe hs,
sessd and collected In the manner provided Tor 10
cases or wlllful neglect or refusal TO render a return,
or IN rendering O false or fraudulent return. but ny
penalty sniss 81 ,nI 1sf PC d's or t1 MAKING upDn or rendering a false
or fraudulent return, except after fensonhoic homSe
otthe time and Place SrasS 4 u 10 ee !. tsS Ss 10 give the
person charged All opportunity 70 DC heAiai FTo.
ridsd, That no collector deputy collector, assessor. OF
manner such Income returns, or any part thereoi.
| except such general statistics. not specifying the
names OF individuals Or frIns. as he may make pnoIe
under such rules and regulations a. the COMMISSION
er OF Internal Revenue shall prescribe
SIC. II. And be Il further enacted. That Snen the
return ofnny person Is Increased py 'h nn sSss sna as ss
counts and be permitted 70 prove and declare, unusr
oath. the amount, OF income liable 70 pc aS i u
| but such oath and evidence shall not be conclusive
| az INC facts. and no deductions clAlmei In such cases
shall be allowed until approved by the assistant u.s..
scstor. Any person may appeal from inc dssls,oh
| or OF the distriet, and his decision thereon, nnless re-
yersed BY the Commissioner OF Internal Revenue,
shall be inal. The form. time. and manner OF pro-
scribcd BY The CommiSsIOner OF Internal Revenue.
SIC, Is. And be u further Enacted. That any per
sSsil be permitted 10 declare, under oath. that he,
or his ward, beneficiary, or principal, was moi PCS,
ses,ed OF an Income OF two thousand dollars, liable
to be assessed according to the proyisiohs o, .n,s ss.j
and paid elsewhere In the same year, under authort
~ oithe United States. upon his income. gains., anu
profits, Or those Of his ward ~ P ,hS nssisi:nt ASSESSOR
Shall be satisfied u the truth OF the declaration. such
person shall thereupon be exempt from income TAX
10 s !Se I e. And Be- Il further Enacted. That consuls
Of foreign governments who are not citizens OF Tue
United State. shall be exempt ,Io Gs, sns in 1tom sb rF
offcial emoluments, or from property ~ ioIs,gh
countrirs: Rorided, That the governments which
such eonsuls may represent shall extend similar eA'
emption 70 consuls OF the United States.
SIC. Is. aad be IL .JErihe enacted, That there
shall be levied and collected for and during the year
eighteen hundred and seventy-one q tsL o. two ana
opr.half per centum on the amount OF all interest," OF
coupons paid on bonds or other evidenced OF aebt -.
sued aud payable In one Or more Year, after date, oy
any Of The CORPORATIONS IN ,6 TINS s ~ III dIyIdends OF
earnings, income, or gains hereafter deeIarso, ny any
bank, trust company. savings Institution. insurance
company. railroad company, canal SoIrpc NY .Iscp.
water company. Whenever and wherever INC saLie
shall be payable, and to whatsoever person the SANS
iens or aliens, and on all undivided profits OF any
such corporation, which have accrued ana becn
earned and added to any surplus. contingent or other
tax !, Aforesaid, is hereby authorized to deduct and
withhold from any payment on account OF Interest,
coupons. and dividends an amount eqnaito the taI
oftgo mud one-hkf per centum on tho same and
the payment 70 the United States. az proytded by
law, Of the amount OF tax 90 deducted from the In
terest. coupons. and dividends ai9resala. shaIi nis,
amountofsaid Interest, coupons. or divldends clalnicd
rs due TO any person, except In cases where said
eorP,Saeet:o PSstass. That The tax upon The dividends
ofinsurAnce companies shall not hr deemed due un.
Otherwise: and that the money returned by mutual
insurance companies to their policy-holders, ana the
annual or seui.annual Interest allowed or paid 10
tho deposition. IN savings banks or savings lns, ,nt;
when any dividend Is made or Interest AZ aforesaid
Is paid. which includes any part OF the surplus or
contingent G tG x. Q! any G,, SS0 tRsTs6n' or W TSicb h Ins, U \
any part Of the dividends. Interest or coupons re-
ceived from other corporations whose onicers arcau.
same, The amount OF tax 40 paid on that portion Of
the surplus or contingent fnnd, and the amount OF
tax which has been withheld and paid on dividends:
interest, or coupons 80 received, may be deducted
from the tar on such dividend or Interest.
Sec. 10. dHdb be Il Jnrther enacted. Thatevcry per.
hon having the care or management OF any corpora.
ton liable to 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
hi, ONCE for conducting the businss. OF such eorpor'
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, . true AMI com.
Plste return; IN suSm iorn, . =, Inc ~ SS ,hs n%onn, 81
income and pronu and OF taxes as Aforesaid: and
there shall be annexed thereto a declaration Of the
president, cashier, or treasurer OF the corporation.
under oath, that the same contains q true and com.
plete account OF the income and prohts and OF taxes
a. aforesaid. And for any default In the making or
neIed, the corporation so In default shall forfeit. as a
penalty, the sum or ono thousand dollars; and In
case OF any default In making or rendering said re-
required, or or anypart thereof. the assessment and
collection Of the tax and penaltyshall be IN accord
ance with the general provisions oflsw In other cases
SIC. il. Xsd Dc q Further Enacted, That sections
ono hundred and twenty. one hundred and twenty;
one, one hundred and twenty-five. and one hundred
hundred and slxty.four. entitled Ar act to provide
internal revenue 70 support The government. 10 pay,
Interest on the public debt, and for other purposes"
a. amended by the act Of July thirteen eighteen
hundred and sixtyslx, and the act Of March two,
Eighteen hundred and xixtyscven. shall be construed
10 Impose the taxes therein mentioned 70 tho DIST
day OF August, eighteen hundred and seventy, but
aftsr that date no further taxes shall be levied or As.
scssed under said sections: aud all acts and parts OF
actr relating 10 the taxes herein repealed, and that
all the provisions OF said acts, shall continue IN full
force for levying and collecting all taxes property as
.csssd Or liable to Be assessed or see,uinx under ne
which has already accrued or which may hereafter
accrue under aid acts, and for maintaining and con.
tinuing Hens, fines. penalties, and forfcltures incurred
under and BY virtue thereof And this act shall not
penalty incurred under former acts. but every snch
right Is hereby kaved. And for carrying out and
completing all proceedings which have been already
commenced or that may be commenced 10 enforce
ceedlngs under said acts, and for the punishment Of
cnmssofw which any party shall be or has been found
guilty. 10
dent u hereby AUTHORIZED % annex 70: and anitS
districts, whenever In his opinion, II Will reduce the
expenses OF collecting the internal revenue. without
Impairing the efficiency Of the service, and there
S SSS ans che, sni lssS.d d al Gae 'l And The Pre- PSe.idsnti IS also
authorised 70 consolidate In like manner. ~ bis as
ctetIon, any two or more adjoining supervisor dis
tricts, and TO retain or appoint one supervisor for
such consolidated district.
a. practicable amer the passage Of this act the num-
Der OF assistant assessors employed shall DO pcrma.
nentIy reduced by the discharge OF all o1neers OF that
class who arc aSslgned specially 10 the assessment OF
any taxes which shall have been abolished by law;
- ~. Cor,mIsaione NJ Internal Revenue Hhall be |