Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-03
LAWS OF ,THB UNITED STATES.

tie amount paid Tor rent or labor to cul.
tvatc land, or to Hconruct any other bust.
ness nom which Income IS derived: the amount
paid for the rent OF the house or premises occupied
as o residence, for himself or his family. and The
amount pahi out for usual and ordinary repairs. 40
deduction shall be made for any amount paid ont Tor
new buildings. permanent improvements. or better.
ments made to Increase the value OF ans property or
SIC. TO- And BE- Il further enacted. That the tax
herrlnbefore provided shall be assessed upon the
gains, pronts, and income for the year ending on
the thirty-Arst day Of December next preceding the
time for levying and collecting said tax, and shall
be levied on the frst day Of March, ~elgeteen hundred
and seyenty~one and eighteen hundred and seventy
tSo. and be due and payable on or before, the thirtleth
day or April In each OF said years. And in addition
tua any sum annually due and unpaid after tho ihir.
tleth day Of April. and loT ten days aisr h2 ~ s.I Gnd
and collected. as \ penalty. the sum OF nye per onnt,
I'M on the amount unpaid. and Interest on SAID
from the time the same became due. except from the
estates OF deceased, insane, or i%nsolvent pcr:onS.
SEC. II. And be il further enacted, That It shall
gross Income during the preceding year exceeded
two thousand dollars. 10 make and render a return
on or befone the day designated by law. TO me assist
ant assessor OF the district In which he resides OF the
gross amount OF his income. gains, and pronts a.
aforesaid; but not Including the amount received
f sS I,S shy x fS5Rorss s6d p Mg as r. SaS a per cSntum Of The
dividends made and Of the Interest on coupons paid
By such corporation. nor that portion OF the salary %
pay received, for services IN the civil, military, naval,
or other service OF the United States, or rs senator,
representative, or delegate In Congress, nom winch
tax has been deducted. nor the vases OF MINOR chiIu-
rem not received: md every guardian and trustee.
executor or administration. and any person acllhg
in any other hduclary capacity; or asa resident agent
for, or copartner Of, any NONRESIDENT alien. aenvlhg
Income, gains, and profits from any business. trade,
| or profession carried on In the United states. or rom
| rents or real estate situated therein. shall make and
render a return as aforesaid TO 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 lie acts. The assistant assessor alhll, require
every such return 10 b. verified by the oath OF the
marty rendering IL, and may Increase the amount Of
any return, after notice to such party, II ne mas
reason 10 believe that the same Is unierstated: IL
case any person having O gross income ~ above. Ol
two thousand dollars or more. saal neglect or r.iuse
10 make and render such return. or s'illl renner q
false or fraudulent return. the Assessor rthc assistant
ASSESSOR shall make such return. according TO the best
inIormatlonh he can obtaln by the examination olsali
person, or Of his books or accounts, or by any Olnct
evidence, and shall add, rs 0 penalty. 10 the amount
OF the tax due thereon, my per centum In all cases
Of willful neglect o. refusal 10 make and render a re-
turn, and oue hundred per centnnl IN all cases ~
false or fraudulent return having been rendered: The
tax and the addition thereto a. penalty sinai! be as
sesseI and collected In the manner provided lor ih
cases or wilful neglect or refusal torender a retu,n,
or II rendering o false or fraudulent return. But no
| penalty shall he assessed upon any person LOT sucn
neglect or refusal, or for making OF rendetihs a nn s,cs
ofthe time and place ofheaIing. TO be regulateG Dy ny
Commissioner OF IntcrnIl Revenue, 40 a. 10 give lhe
person charged AZ 9pp9Itani.S o ~ 20 nssrs,or or
assistant assessor shall permit 10 be pubnshed IN any
manner such Income returns. or any pait tnereSl,
except such general statistics, not speclylhH tn'
names Of individuals or Arms. as he may make pubic
unrlcr such rules aud regulations hS HE Cohiilis"loh-
or Of Internal Revenue shall prescrlpt.
SEc. IL. and be il further enacted. That when TIE
return oil any person Is increased By the assistant as
SCISSOR. such person may exhibit his, BOOKS anu &c.
counts and bt permitted ~ prove and declare, uhd;r
oath. the amount OF Income liable 10 be assessed;
hut such oath and evidence shall not be conclusive
Of the facts, and no deductlons claimed III snsn r's.s
shall be allowed until approved by the assistant AZ
| sessor. ANY person may appeal from the uecIsloh
OF the assistant assessor. In such cases, TO inc asScss'
or OF the district, and bis decision thereon nntsss re-
shall be ilnnl. The form, time. and manners ~ pro'
cccdings. shall be subject to regulations 70 &c pre-
SIC, IS. And be Il further enacted. That any per.
son, in his own behalf, or NJ such ndncilry or agent,
shail H. permitted TO declare. under oath. tlat me-
scssei Of mn Income OF Two thousand dollars. liable
to be assessed according 10 the provisions OF thls "Sl;
or may declare tnat =, si ~ neon. .nmc .r rSI TSi r Hs Sr,nSTi.
~ Oftlc United States, upon his Income, gains, am
profits. or those Of his ward. beneficiary. or pfllcl.
bal, o. required by law: AMI II the assistant assessor
shall be satisfied Of The truth Of the declaration, sGch
person shall thereupon be exempt hom Income TAX
In the said district.
! OF foreign governments who are not citizens OF Tue
United state. shall be exempt rom any Income iaN
Imposed by this act which may be derived rom thclr
Official emolunients. or from property IN ioIsign
| c%ountrIrs: Provided, That the governments when
such consuls may represent shall extend siniiiareA'
SIC. Is. And he IL further enacted, That there
shall be levied and collected for AMI during the wear
eighteen hundred and seventy-ODc a tax OF " AM
ons.haIf Der crn,um on the amount OF all Interest or
coupons paid on bonds or other evidences OF ncbt u.
sued and payable In one or more years aliet an,e; w
any or the corporations In this section hereinafter
enumerated, AMI oil The amount OF all ulSiuenIs OF
earnings. income, or gains hereafter declared, Dy any
bank. trust company. savings lnsu'utom, .m mr ,n,n.
pike company, canal navigation COMPANY. ana SLACK
wafer company, whenever anu wherever ,he SAM
shall be payable, and TO Whatsoever person the same
may he due, including n0n-rcslients whether CHI
zrDs or aliens, and on all undivided pron's OF any
such corporation, whiSh nave ace,uea W. :, o WV
fund. ami every such corporation having IAN inc
tax as Aforesaid. Is hereby authorized :" deduct ana
withhold from any payment on account 81 Interest,
coupons, and dividends III amount equal 10 the lax
oftwo and one-half per centiim on the same and
the payment TO the unitcl States, as proNllsl ny
law. OF the amount OF tax 50 deducted from the In
tcrest, coupons, and dividends Aforesaid. shall dis
charge the corporation from any liability for that
amount oisalIintercst coupons c!aiinrG
| corporations have provided otherwise by ~. express
contract: Trorided. That the tax upon thrdiyidcris
OF insurance companies shall not he deemed due uil.
Ill such dividends ARE payable, either In money or
otherwise; and that the money returned 1y mutual
insurance companies to their policy.hcldeTs. and the
annual or senii.annual Interest allowed or paid to
the dcposItors IN savings banks or savings lnsttu-
lions. shall not be considered as dividends, ann thnt
when any dividend IA made or Interest ns Aforesaid
Is paid, which Includes any part Of the surplus or
contingent fund Of any corporation when has hecn
Assessed and the tax paid thereon, or which includes
any mart OF the dividends, Interest or coupons re-
ceiyed from other corporations whose oiicors arc au-
tlorized by law 10 withhold n per centum on the
ssnlc. the amount o. tax 80 pau Sr on , !ha I r"f1iSa ." of
tax which has been withheld and paid on dividends:
Interest. or coupons 30 received, may be deducted
from tho tax Oh such dividend or interest.
SEC. l6. dnibr IL further rRdcted, Thaterery per-
son having the care or management oi 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 distTict. In which such person has
his once for conducting tho husinsts OF such cerpor-
alton, on or before tho tenth dayo the month follow.
Ing that In which any dividends or sums Of money
become due or payable an aforesaid. a true and com.
pletc return. In such form as the Commissioner OF
Income and profits and Of taxes as Aforesaid: and
there shall be annexed thereto n declaration or the
president, cashier, or treasurer OF the corporation.
under oath, that the same contains n true and coin
plcte account OF the Income and profits anl OF taxes
as aforesaid. And for any default In the making or
rendering OF such return. with such declaration an.
penalty, the sum OF one thousand dollars: and In
case Of any default In making or rendering said re-
turn, or Of any dc(arl. In the payment Of the tax rs
required, or Of any par; thereof, thu assessment and
collection Of the tax AMI penalty .hdll he ~ Accord
uncc with the general provisions OF law In other cases
SIC. il. Aud be Il further enacted. That sections
one hundred and twenty. one hundred and twenty:
ono. one hundred an! iwsnty;,%o, and one hnEdred
hundred and slXty.four. entitled An act 10 provide
Internal revenue TO support the government, TO pay
ANIANlfFt VIZ hIN lhOlNN eNSAF h"a ~ 1871 AhINT~
az amended by the act OF July thirteen, eighteen
hundred and 's~ixty-siS. and the act OF March two,
eighteen hundred and slxty-Scven. shall be construed
to Impose the taxes therein mentioned to the frst
day OF August, eighteen hundred and seventy, but
AFTER that date no further taxes shall be levied or a..
scSSed under said sections: and oil acts and parts OF
acts relating to the taxes herein repealed. and thai
all the provisions OF said acts, shall continue In full
force for levying and collecting all taxes properly as
sessed or liable to be assessed, or aecruing 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.
tinulng liens, fines. penalties, and forfelturcs incurred
be construed to affect any act done, right accrued. or
penalty Incurred under former acts, but every such
right Is hereby saved. Aud for carrying out aud
completing all proceedings which have been already
commenced or that may lie commenced 10 enforce
such nnus, penalties, and fOrfeliurcs, or criminal pro-
cccdiDgs under said acts. and for the punishment OF
crimes or which any party shall be or has been found
guilty. -..
SIC. "a. Ind be a. further enacted. That the Pres.
idcnt Is hereby authorized TO annex to, and unite
with each other, two or more adjoining collection
districts, whenever In Ills opinion II Will reduce tl-
expenses Of collecting the internal revenue, without
ImpaIrng the efficiency Of the service, and there
upon shall retain hut one collector and one assessor
for such enlarged district. And the President Is also
authorized 10 consolidate N Ike manner. at his dis.
cietlon. any two or more adjoining supervisors dis
such consolidated district. E .".rI
SEc. ~. And b IL further enacted, That ~ soon
"a practicable AFTER the passage or this act the num-
Der OF assistant asscsSors employed shall be perma-
nently reduced by the dlscharge Of all officers OF that
Glass who are aisigned specially TO the assessment OF
any taxei which shall have been abolished by law;
and the Commissioner or Internal Revenue shall be
fNnuiFAd f1Fthar "a FAAuea IA Sos .k