Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-12-10
LAWS OF THE UNITED STATES

PUBLISHED By AUTHoRITY.I
OFFICIAL.
Laws OF The UNITED STATES,
Passed az tho Second session Or the Forty.
First Congrcss.
tPublic-No. l6.l
AN ACT 10 reduce Internal taxes. and for other
purposes.
Approved. July II. 1870.
Bet enacted blythe scais dad Ro.ss Of R1ranis-
tiss sGtls Usasd sats Of Ar"srioai 10 cS"0r'''
That on ana after the nrt day Of May. eighteen
hundred and seyenty-one, the special taxes imposed
By the seventy ninth section Of the act entitled "An
eminent, to pay interest on the public debt, and for
other purposes" approved june thirty. eighteen
BY Sp1 sSc in; ana :iI 1srsnu: =. ss. . apploSsd p ys sfsi sSint a,as
eigeteen hundred and s~ixtysix, and a amended by
section two OF tho internal revenue act approved
md 1ii he ss same arc hereby. re1eaie j sa, his set snail
not Be held 70 repeal or IN any way anect me special
ME- impo:ed 81 The sct approved July twenty,
eighteen hundred and slxtyeight, entitled A act
Imposing taxes on Distilled spirit. and TOBACCO. and
SIC. .. Asd BE- Y further enacted. That on and
amer the nrst day Of October, eighteen hundred and
, ssysnsyi' , Ss .sTsT Isr .n ps. IN IN f sa,ss , .aEias and % s eI.
cepting such tAxes on sales a are BY existing law
paid BY stamps, and the taxes on sales Of leaf tobac.
co. mSnut4CkuTtu LOD4CCOsu uQu. Ckul auu
domestic distilled spirits, and wines. Imposed BY said
act, approved July twenty. eighteen hundrcd and
sixty-eight. and acts amendAtory thereof, DO, and the
same arc hereby. repealed.
AFTER The nrst day ofOctober. eighteen hundred and
seventy, the taxes imposed by the internal revenue
laws, now In force. herein specified. be, and the same
A; tho specisitax on boati. barses and OATS on lesa-
Giles and necessions; on passports; and on grossre
ceipts.
the nrst day 0fOctober eighteen hundred nndseyeuty,
the stamp tax imposed In schedule b on promlssory
notes for q less sum than one hundred dolArs. anIon
receipts for any sum %ofnioncy, or for the payment OF
any debt, and the stamp tax imposed In schedule 7,
on canned and preserved nsh. be, and the same are
hereby, repealed. And no sssmP shall &c TeG TSSsc
Il or the Instrument Il secures has been once duly
stamped. And the proprietor or proprietors Of az.
or their own die or design for stamps to be used es,
peeially for bis or their own proprietary articles, snail
sn,onnts ourcS.sed At ons time Of not less than my
dollars nor more than i've hundred dollar, i've per
centum; ana on amounts over i've hundred dollars,
ten per centum on tho whole amount purchased
Prorided, That lucifer or friction matches, and ci.
gars lights, and wax tapers, may be removed from
the place OF manufacture for export 70 . foreign
thereto. under such rules and regulations a. the Com.
| missioner Of Internal Revenue may prescribe; ann
ali provisions ofexstlng laws Inconsistent herewith
Sc, s. IsS Be- Il further Enacted. That section
one hundred and nny-eight Of the act entitled A
act to provide internal revenue TO supper, tne gov
| eminent, 10 pay interest on the public debt. ana lot
other pIrpose;." approved July thirty. slshtsen
/ hundred and sixty.four, as amended by section nine
Of the internal revenue act, approved Sa'y 'p hsresr
amended BY striking out the words "nty dollars,
in the second provlsO. and inserting In lieu thereof
unpaid. but In no case less than avs dollars;' also,
by striking out the words .sixty.six" III the thIH
proyiso. and inserting IN lieu ,ssssSI tSs SSi.
sevel.' in the last pIovlso. and inserting In lieu there
ofthe words .seventy.two."
Src. 8. Andb b IL FURTHER enacted, That here shall
be levied and collected annually. IS hereinafter pro-
ylded. for the years eighteen hundred and seventy
and eighteen hundred seventyone. and no longer,
tax Of two and one-hAlf per centunl upon the gaiiis
proGu, and income OF every person residing IN the
| United States. and OF every. citizen or the United
States residing abroad, derived from rom, i ,hs i t;TIitteGd
States, except Is hereinafter provided, and q IKE ta1
annually upon the galns, profits. and income derived
The United States BY any person relding. without
the United States, and not a citizen thereof, orlrom
rents OF real estate within the United STATE, owned
BY any person residing without the Oniteu olaps'
Ssc. !, And Be 4 further enacted: That in esti.
mating The ;, g si ,n.,l psoat 4, an. seed ,nSo aSII \, nv rom e'i any,
kind OF property. rents, interest received or accrued
upon allnotes, bonds, and mortgages. orotaer forms.
ifsood and coilectabIe. Interest upon notes. bonds.
or other securities OF the United StatcS. and the
amount q al premium on GSd an6 soq npoSss ;, ans
any amount received sI salary or pay for servleesin
the civil, military, naval or other service Of the
United States, or a. senator, representative or dele
gate In Congress: except that portion thereof nom
which, under authority OF acts OF ConGress previous
hereto, . tax Of 1ve per centum shall have been
withheld. the share OF any person Of the gains and
profits, whether divided or not, OF all companies or
partnerships. but not Including INC AMOUNT teSSlyed
by law. withhold any paw as taxes per centrum o.
the dividends made, and OF interest or coupons paid
year nom ssles OF real estate purchased within two
years previous to the year for which lpcome Is estl'
mated; the amount Of sales OF i've STOCK. sugar,
wool, butter, cheese, pork, beef, mutton, or other
meats, hay and grain. fruits, vegetables. or other pro,
auctions, being the growth or produce oitne estate OF
such person, but IT. not ,s ins e.m,,ns any any par sI e sns.sT rs Inn.
profits. and Income drawn from any source whatever;
but not Including the rental value Of the homestead
ui sec % & oe SSs ). 4 ~ Js aIi ssae;ed, That military a.
naval ~nenslons allowed TO amy person under the laws
OF the United States, and the sum OF two thousand
dollars OF tho gains. profits, and Income or any per
son, shall be exempt from said income tax, in
the manner hereinafter provided, Only one deone-
sTsresste income Of all the members OF any family
composed Of ono or both parents and one or more
minor children, or ofhusbsnd and WIG; out wnrna
troll or her husband. and 10 living separate and apart
from him, such deduction shall then BE- made from her
teeSI aS:lt Be- allowed to make the deduction in favor
| OF each ward or beneficiary except that In case Of
two or more wards or beneneiaries comprised IN one
duo lion shall Be made in their favor. For the pur.
| pose OF allowing said deduction nom the Income OF
any religious Or social community noid dIn Az sae ~
common. each nve OF the persons composing such
society. and any remaining fractional number OF
or avc, shall DO held 70 constitute a family.
and . deduction Of two thousand GST I
Any taxes on the incomes, gains. and prohts Of such
societies, now due and unpaid. shall be assessed and
collected according 10 this provision. except that the
a asaS Slioa s 80 eIs 81 ST'{ hundred Snd and seventy nj 49,
SIC. 8. Asd Be- u further enacted. That In add
ton TO the EXEMPTIONS provided N the precedme
pronts, and income OF any person all national. State.
county, and municipal taxes paid by him within the
yea, ~ whether :u S;S, 20 0T su.,siD %SaH during IN he year
arising from nrrs. floods. ~shipwreck. or ineufrea IN
trade. and debts Aseertalned to be worthless, but ex,
amount OF interest paid during the year, and
tie amount paid for rent or labor 70 sui-
tivate land, Or TO eonluSt any Stner onSIi
paid for the rent OF the house or premises occupied
a. q residence 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 for
new buildings, permanent improvements. or octtcr-
menA made 10 Increase the value OF any properly y OF
SIC. 10. Avid b. q further enacted, That the tax
hereinbefore provided shall be assessed upon the
gains, pTOntUt anu lnCoIuo " hho yNAi ohuhh "a
the thirty-nnt day OF December next preceding the
time for ievying and collecting said tar, and shall
be levied on the nrst day Of March, elgeteen hundred
and seventy-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 after the thir.
tieth day OF Aprl. and for ten days after notice and
demand thercofby the collector. there shall be levied
and collected, a. q penalty, the sum OF nve per cent:
um on the amount unpaid, and Interest on said
amount ut the rate OF one per eontum per month
from the time the sane became due. except from the
estates Of deceased, insane, or i~nsolvent persons;
SEC. II. Aad BE- u further Enacted, That 1t shall
be the duty OF every person or lawful age, whose
gross income during the preceding year exceelcd
two thousand dollars, to make and render 4 return
on or before the day designated Flaw, TO the assist
ant assessor OF the district In which he resides OF the
gross amount OF his income, gains, and pronts az
Aforesaid; but not including the amount received
from any corporation whose Officers, as authorized
by law, withhold and pay as taxesa per ccntumo OF inc
dividends made and Of the interest on coupons paid
by such corporation. nor that portion Of the salary OF
pay received. for services In the civil. military, naval,
or othor service Of the United States, or as 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, aud any person acting
In any other nduciary capacity; OF asa resident agent
for, or e~opartner Of any nonresident allen, deriving
Income, gains, and profits from any business, trade,
or profession carried on In the United States, or from
rents Of real estate situated therein, shall make and
render Q return - aforesaid 10 the assistant assessor
Of the district In which no resides OF the amount OF
Income, gains and prontS Of any minor or person for
whom he acts. The assistant assessor shall. require