Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1870-12-09

the collection of these taxes, and asked for
legislation upon the subject This request
was repeated Feb. 8, April and 25, and
May 20 following, and was repeated orally
and In person at several other times The
legislation was finally enacted July IA, but
has been declared by the Circuit Court Of
Pennsylvania TO have been too late to
serve the purpose desired, II is provided
in section 10 that when any dividend Is
made or interest 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 in
cludes any part of the dividends, interest,
or coupons received from other corpora
tions whose officers are authorized by
law to withhold q per centum on the same,
the amount of tax so paid on that portion
of the surplus or contingent fund, and the |
amount of tax which has been withheld, |
and paid on dividends, Interest, or coupons |
so received, may be deducted from the tax |
on such dividends or interest Owing to |
a change in the rate of taxation from per
cent. to 215 per cent, taxes properly paid
upon surplus prior to August may now
be again appropriated to the payment of
taxes upon earnings since that date, so that
in some cases these later earnings escape
valuation entirely. 1t would have resulted
|
deduction of tax from tax.
BY my direction, the collection Of taxes
on shipbuilders, assessed under the fourth
section of the act of March 81, 1868, was
ordered to be suspended. / would recon-
mend that Congress provide for the remis-
sion of all such taxes assessed but not col
l1cted on the sales oil ship builders.
By act of Congress, approved August .,
1861, direct tax of twenty millions per
annum was apportioned to all of the then
existing States and Territories and the Dis
trict of Columbia. This act provided
that each State, Territory, and the District
of Columbia, might pay its own quota, if
notice of the intention thereof should be
properly given on or before the second
Tuesday of February next thereafter.
Under this provision of law all the States,
Territories, and the District of Columbia,
formally assumed the payment of the tax,
except Delaware, the Territory of Colora-
do and the eleven insurrectionary States.
Provisions were made for the collections
to be made in Delaware and Colorado by
internal revenue officers, and in the eleven
insurrectionary States by the appointment
of United States direct tax Commission
ers under an act of Congress approved
June z, 1862
BY act of Congress approved July /,
1862, the operations of the act of Aug. 8,
1861, were suspended until April /, 1865,
except so far as related to the collection of
the first annual tax of $20,000,000, and by
act of June 30, 1864 it was further sus-
pended until additional legislation by Con
gress was had. The following States and
Territories appear to have satisfied their
quotas in full: Maine, New Hampshire,
Vermont, Massachusetts,, Rhode Island,
Connecticut, New Jersey, Pennsylvania,
Maryland, West Virginia, Ohio, Kentucky,
Indiana, Illinois, Missouri, Michigan, Iowa,
Minnesota, Nevada, Nebraska, New Mex.
leo, Dakota aud the District of Columbia,
Against New York, Wisconsin, Kansas
California, Delaware, Colorado, and Wash.
ington Territory, there are balances unsat
istied amounting to about $1,3l2000 Orc
gon and Utah have paid no part of theil
, quotas.
! The seizure by internal revenue officer,
of property for frauds practiced in viola
ton of law, and the evasion of tax, fol
the year ending June 80, 1870, were as fol
lows:
7Gs,Os1.4 gallons distilled spirits,
1O,siO.5Q barrels fermented liquors,
-, ~. 80 pounds snuff. valued at. $500 q
, 1.fl0,6l9.1 pounds oftobacco, valued
4,0OO,s0 cigars, valued at .......... no 236 a
Miscellaneous property, valued at. t,SSs, All Il
Total value of seizures g., 300 s71 .
|, On the subject of seizure and disposition
of property for violation of the revenue
laws, Mr.. Delano suggests that the act o
! July l3, 1866, be so amended as to maxi
its provisions applicable to property forfeit
, ed under any oil the internal revenue laws
The limit in the value of the property
seized should be extended from 5000 tC
$500, and the expenses of seizure and Gus
tody should be provided for as well a
those of appraisement and sale.
The following is an estimate of the an
: nual receipts in each State and Territory
from internal taxation after the act of july
p Ia 1870 shall be In fnll fnrcn.