Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-12-14
LAWS 0PtIHE UNITED STATES
PUBLISHED BY AuTHoRITY.I
0 { oFeIclAl1

PUBLISHED 81 AuTHoRITY,I ~
OFFICIAL .
LAWS OF THE UNITED STATES,
Passed at the Second Session Of thc Forty.
Rfrst Congress.
tPubllc-No. 1851 sLt
AN ACT TO reduce internal nSes, and for other
purposes. -
Approved. July N.lSo 9
Bet Enacted blythe Ssnate and Home Of RVresenta-
!. nss SI!ss Usitsd STAT" Of america IN 00"0r"'
That on and after the hrst day Of May, eighteen
hundred and seventyone, the special taxes Imposed
BY the seventy-ninth section Of the act entitled A
act sS e gT0y VI 10. iPi is.erss asc cs q. % pa sSRp DEBT s,G and for SSr
other purpose approved June thirty. eighteen
hundred and sixJ.four. as amended by section nine
eireteen hundred and ~sixty-slx. aud as amended BY
section two Of tho internal revenue act approved
March two, eighteen hundred and sixtyseven, be,
moi DO held 10 repeal or nsny way affect the special
tax on brewers imposed by said section, or the spec
iaItaxes imposed by the act approved July twenty.
Imposing taxes on distilled spirits and tobacco. and
for other purposes" or the acts amendatory thereof.
SEC: 2 .A.d 30 g 1srtar erastsd; That on and snd
seventy, The several taxes on sales Imposed BY the
Internal revenue laws now In force. saving anu OK.
cepting such taxes, on sales as are oy existing Jaw
DANuU l I'LL all4 IN = n va F-hN' ~
CO. manufactured tobacco. snun. cigars, foreign ana
domestic distilled spirits. and wines. imposed BY said
act approved July twenty, siSasecn 9nndsSd ana ha
slXty-elght. and acts amendatory thereoi, De, anu the
same are hereby. repealed.
SEC. 3. Ind Be Il further enacted. That on and
after the nrst day of0ctober. eighteen hundred anu
seventy, the taxes imposed by the inbernal revenue
Laws law S. nSS IN 1f forse 1s se snam sPeei on Articles I e an in Sc. Schedule salIe
A; the special tax on boats. barges and mats; on lega-
cies and SUGGESTIONS; on passports; aud on srossre-
ceipts. .ou
the trst DAY OfOctobcr eighteen hundred andsev.euty,
the stamp tax imposed In schedule II on promlssory
notes Tor a less sum than one huniTsd S Soi nsTo anT OF ~
any debt. and the stamp tax imposed IN seneauie y,
on canned md preserved nsh. be, and the same ate
hereby. repealed: AUD no s!Snp s snor,g Dv wherc
Il or the Instrument II secures has been once auly
stamped. Aud the proprietor or propIictors Of ar
ticlcs named In said scheduled {. who shall, furnish hs
or their own die or design FOR stamps 10 be used eS;
peclally for his or their own proprietary articles. snail
be allowed the following commissions, namely; IN
amounts purchased at one time OF not less tan MY
dollars nor more than nre hundred dollars, I'VE per
centum; and OH amounts over i've hundred dollars,
ten Per ec ;Tss, n on me o. w slic,SoS nm %s,eb eS's and q.
cara lights, and wax tapcrs. may be removed from
the place OF manufacture for export 10 n prelsn
country without payment Oh TAX; Or amNins Il. a Tnp,
missioner OF Internal Revenue may prescribe; ma
ali provisions ofexistIng a Inconsistent herewith
: sE "sss s. Asd Ss Il further enacted. That section
one hundred and hny-eisht Of the act entitled An
act to provide internal revenue TO support the gov
other purposes. approved July thirty. eighteen
hundred and s!Sty-our, as amended BY section pine
Of the internal revenue act, approved July tnlrteen'
eighteen hundred and siXty-siN, be, and 10 nereOy,
amended BY striking out the words 'hfty dollars,
In the second proviso, and inserting IN lieu thereoI
the following: double the amout OF tax remaining
by striking out the words 's!&ty-siS' IN the thIl
provIso. and inserting In lieu thereof me worus
tsevcnty.onc;'' also. by striking out the woris sixty
sevei.S In the last proviso. and inserting IN lieu thetc-
ofthe words 'scventy.tw0."
Src. O.. IHdGe IL further enacted. That here shall
be levied and collected AunEally, As iercinattcr pro-
vIied, for the years eighteen hundred aud seventy
and eighteen hunlred sevcntyone, and 10 longer, a
tax OF i've and one-half per ccntunl upon, the gai,ls
United States, and Of every citizen OF the United
States residing abroad, derived nom any source
whatever. whether within o. without tho United
States, except as hereinafter provided, anu II ike TAX
annually upon the gains, profits, and Income derived
from any business. trade, or profession carrie on In
the United States by any person re,idlng, without
rents Of real estate within the United States owned
By any person residing without the United States,
and not a citlS en- thereof.
mating the gains, profits, and Income OF any person.
there shall be included all Income derived from any
kind OF property, rents. Interest received or uccrued
upon allnOtcs, bonds. and mortgages, or other forms.
OF Indebtedness bearing interest, whether paid or not
lfgOod and cOllcctablc. interest upon notes, bonus,
or other securities OF thestnited states. anu the
amount OF all premium OH gold and coupons; the
gains, protts. and Income ofnny business, profession,
trade. employment, Ofiice, or vocation; Including
any amount received as salary or pay ior servlcesln
the civil, military, naval, or other service Of the
United States, or as senator, representative or uele
gate In Congress: except that portion Thereon rom
which. under authority Of acts OF ConSress previous
hereto, n tax Of i've per celtunI shall have been
withheld. the share Of any person OF the Gains anu
profits. whether divided or not, Of all companies or
partnerships. but not Including The amount received
from any corporations whose officers, as authorized
by law, withhold any paS as taxes a per centrum Of
the dividends made. and OF Interest or coupons paid
by such corporations; prohts realized within ths
year from sales OF real estate purchased within two
years previous TO the year for which Income Is estt
mated; the amount OF sales OF live STOCK, sugar.
wool. butter. cheese, pork, beef. mutton, or otiei
meats, hay and grain, fruits, vegetables. or other pro-
auctions, being the growth or produce ofthc estate Of
such person. but not including any part thereof con
sumed directly BY the family: AMI all other Gains,
profits, and Income drawn from any source whatever,
but not Including the rental value OF the homestead
used SSc Or : oe SSP Ss + ~ ts a%E pc fsaeis 9f n Thn nt' military lana,y; or
naval ncnsions allowed toany person under the laws
Of the United States. and the sum OF two thousand
douaIs OF me gains, pr1ut-, c anu si ,ns' ineo !, ~ \. PIN IN
the manner hereinafter provided. Only one dedue-
ton VI two thousand dollars shall be made from the
aggregate income OF all the mem6crso or any family
composed OF one or both parents and one or more
minor children. or Of Husband and wife; but when q
wife has by law o separate income, beyond the con.
from him. such deduction shall then b. madefromher
Income. gains. and profits, and guardians and trus.
tees shall be allowed TO make the deduction IN favor
OF each ward or beneficiary except that In case Of
two or more wards or bcnetclarics comprised IN one
family, having loint, property Interest only ono ue-
nose OF allowing said deduction frun tho Income OF
any religious or social community holding. all thclr
property and the income therotrom Jointly and IN
common, each five OF the persons composing such
society. and any remaining fractional number OF
such persons less than live over such groups
Of. hye' d ssH = be- hs sf to two cop ,Sdn."nd = tdS aliay:
shall be allowed for each OF said families.
ANY taxes on the Incomes. gains. and pToiltso f such
societies, now d9e ana S UNPAID !: iSnon &c osc sssss ~, a tSc
deduction shall be only one thousand dollars for any
year prior TO eighteen hundred and seventy.
SEC. y. Avid BE- IL further enacted. That In add.
ton 10 thc exemptions provided In the preceding
section. there shall be deducted from tho cams
profits, AMI income OF any person all national, state,
wear, whether such be owner, tenant, or nIortgagcr;
all his losses actually sustained during the year
arising from fires, Hoods. ~shipwreck, or incurred IN
trade, and debts aScerialned 10 be worthless, but eS.
Guiding oil estimated depreciation Of values; the
amount Of interest paid during the year. and
tie amount paid for rent or labor 70 cui-
tivatc land, or to coniuct any other hnsi.
ness from which income ID derived; the amount
paid for the rent OF the house or premises occupied
~ q residence for himself OF his family, and The
amount paid out Tor usual AMI ordinary repairs. No
deduction shall be made for any amount paid out for
new buildings. permanent improvements. or better.
tncnts Hiauc 10 'nVfcanc 'ue niu a. Pa"PN'''
SIC. 10. And be iIy further Enacted. That the tax
hereinbefore provided shall he assessed upon the
gains, profits, and income for the year ending on
the thirty-tirst day Of December next preceding the
tIme for levyIng and collecting said tax, and shall
be levied on the frst day Of March. elgcteen hundred
and scventy-one and eighteen hundred and seventy
two. and be due and payable on or before, the thirtieth
day Of April IN each OF said years. And In addition
To any sum annually due and unpaid amer the thlr-
tIeth ,lar OF April. and for ten days after notice and
demand thereofby the collector. there shall be levied
and collected, as a penalty, the sum OF nve per cent:
UNI on the amount unpaid, and interest on said
amount at the rate OF one per centum rer month
from the time the same became due, except from the
estates Of deceased, Insane, or Ilnsolvent persons.
be the duty Of every person Of awfnl age, whose
gross income during the preceding year exceeded
twot thousand dollars, to make and render a return
on or before the day designated hy law, to the assist
ant assessor OF the district In which he resides OF the
gToss amount OF his Income. Gains, and pronts as
Aforesaid; but not including the amount received
fTm any corporation whose ~Oficors. as authorized
BY law, withhold and pay astaNcsA per ccntum OF the
dividends made and OF the Interest on coupons paid
by such corporation. nor that portion Of the salary or
Or other service Of the United States, or ms senator.
representative, or delegate In Congress, from which
tax has been deducted, nor the wages Of minor child
rem not received: and every guardian and trustee,
executor or administrator, and any person netting
In any other nduciary capacity; or asa resident agent
Income. gains. and profits from any business, trade,
or profession carried on In the Cnltcd StAtes, or from
rents OF real estate situated therein, shall make and
render = return as Aforesaid to the assistant assessor
income. gains and profits ofany minor or person for
whom he acts. The assistant assessor shall require
every such return 10 be verified by the oath Of the
party rendering II, and may Increase the amount Of