Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-12-13
LAWS OF THE UNITED STATES
IN t~pUBL1sHED By AUraoi1TY.I
Ia OFFICIAL.

LAWS OF THE UNITED STATES
lPUBL1sHED By AUrhoRITY.l
banana OFFICIAL.
LAWS OF THE UNITED STATES,
Passed at the second sessioa or tho Forty.
hn. t fPublle-No! p4.J
AN ACT to reduce internal taxes. and for other
purposes.
Approved. July II. 1870.
Bal enacted D vihe Senate and Home Of Rsprssenta-
tisc S5tss U@ttsd States Of Amriea I" c0H0rs''
That on and after the nrst day Of sIay. eighteen
hundred and seventy-one. the specialtaSes imposed
by the keveuty.nInth section OF the act entitled A
sss no DI0y VI 81, i1i iS,s1s. ,sS SS ne to SS SSiRp Sss, tho md Fer si
other purposes" approved June. thirty, eighteen
hundred and sixty flour. as amended by section nine
eiseteen hundred and sIIty-slx, and as amended by
section two Of the internal revenue act approved
March two. eighteen hundred and StNy-seSen !be,
not be held 10 repeal or In any way affect the special
tax on brewers Imposed BY said section. or the spec
! .sIs,ss, sSDDSssd a Sy the sI, sSs sIpE0s sS,, Isdy A ssi
Imposing taxes on distilled spirits and tobacco. and
FOR other purposes" or the acts amendatory thereof.
SEC. 2. Aad be IL further enacted, That. on and
amer the first day OF October, eighteen hundred and
seventy, the several taxes on sales Imposed by the
| Internal revenue laws now In force, saving aud eS'
cepting such taxeson sales as are by existing law
| paid by stamps, and the tzxes on sales OF leaf tobac.
co, manufactured tobacco, snuli. cigars. foreign and
domestic distilled spirits. and wines. Imposed by sa9
act, approved July twenty. eighteen hundred ana
sINty-clIht, and acts anendAtOry thereof, be, ana tue
sam arc hereby. repealed.
SIC. :. AID be Il further enacted, That on and
afler the nrst day otOctober, eighteen hundred anu
laws, now In force. herein specified. be, and the same
are hereby, repealed, namely: on articles lnschedale
A; the special tax on boats, barRcs and mats; On iesa.
cies and SUGGESTIONS; on passports; ana on srossre-
SIC. 4. And BE- /. further enacted That on and AFTER
the nrst day ofOctober eighteen hundred amt scveuty,
the stamp tax Imposed in schedule d on promissory
notes for a less sum than one hundred d0llars, anu on
receipts for any sum otmoney, or ior me pSSn,eh. ~
on canned and preserved fish. be, and the same are
hereby, repealed. And no stamp shall be REQUIRED
upon The transfer or ,T !, snrmres q Ss sm SseS once deiy
stamped. Aud the proprietor or propIieiorso i NJ.
tlcies named In said scheduled {, who shall Turkish his
or their own die ur design for stamps 10 be used es:
pecially for bis or their own proprietary articles, shall
be allowed the following commissions, namely: Un
amounts purchased at Sne time Of no. Go lssS Ian ,ys n MY
centum: and on amounts over nrc hundred uoliats'
ten per centum on the whole amount purchased
Proriisd, That luclfrr or friction matches, ana CT
Ears lights. and wax tapers, may be removed from
The place OF manufacture for export 20 q foreign
country without payment OF tax: or aniNing s.aLIps
missioner Of Internal Revenue may prcscriDe: am
ali provisions orexisting laws inconsistent herewith
SEC. S. .ird Dc Il further enacted. That section
one hundred aud fity-eisht OF the act entitled An
act to provide internal revenue TO support the gov
e.nment, to pay i int ,ns1o on t SI pTp aSir qSo' :i naa en-
hundred and slXty.four. us amended by section nine
OF the Internal revenue act, approved July tnlrteen,
SxssSIsd by Striking out The word: "dny dollars.
in the second pr3ylSS, and inserting IN leu th fTfSg
yn,.lI m In Nh caaN has than live #dUlllrk.' also,
BY striking out the words .siXty.six' ID the third
proviso. and Inserting In lieu thereof ne words
!tseventy-one;' also. by striking out the words sky
scvei." In the last proviso. and Inserting In lieu thero-
OF the words "seventytwo." $3.50,
SEC; 9; AidS q Jrrtnsr saSe'sai Dd inI1 .%ssr S nro.
vlicd, for the years eighteen hundred ami seventy
and eighteen hundred scvcnty-one, and no longer, o
tax OF Two and one-half per ccntum upon, the salss
United States, AMI OF every citizen OF tue Uniteu
States residing abroad, derived RON any source
whatever, whether within or without the unitcI
States, except as hereinafter provided, and a Ike TAX
annually upon the gains. prohts, and income derived
from any business. trade, or profession carrie iGn 10
the United States by any person reTdlliE. wlthout
the United States. and not a citizen thereof. or from
rents Of real estate within the United States owned
by any person residing without the United States
Src. I. Iad Be Il further enacted: That In estt
mating the gains, profits, and Income OF any person.
there slall be Included oil Income derived from any
kind OF property, rgnts. Interest received or accrued
upon allnotes. bonds. and mortgages, orotheT iorlns.
Of Indebtedness bearing Interest, whether paid or mol
lfgood and cOiiectable. Interest upon notes. bonds
or other securities Of the United States. and the
amount OF all premium on gold and coupons; the
gains, profits. and Income oiany business. profession.
any amount received ~ salary or pay Tor scrvlceSl IN
che civil. military. naval, or other service OF Ihs
United States, or as senator. representative or dele
gate in Congress- except that portion nom
which, under authority Of acts Of UonGTGSs previous
ssTsiSS; I t .ss 81 sha HsS Of p any s pSrson Of ia" the gain gain, V and
profits, whether divided or not. OF all companies or
partnerships. but not including the amount received
BY law, Withhold any psv as taxes a per ccntum OF
the dividends made, aud OF Interest or coupons paid
by such corporations; profits realized eiihln ths
year from sales Of real estate purchased Within TWO
years previous TO the year for which Income Is esu'
mated; the amount Of sales OF live Siocs, sugar.
wool. butter. cheese; PORK ,sSsSSS,i,: INV ms' 20 liner Sr o1 pro.
ductIons. being the growth OF produce oithe estate OF
such person. but not Including any part tnereol Son'
sumed directly by the family; and all other gains
profits. and lncomc drawn ffom any source Whatever,
but moi Including the rental value OF the homestead
use; sIs q os SSS e. e ~ fs anE pe sSaeis ed That military III or
naval n~rnslons allowed to any person under the laws
ofthS United States, anl the SUN Of Two thousand
nom shali be exempt fom said income tax, In
the manner hereinafter provided. Only one dedue-
ton OF two thousand dollars shall be made RON INC
aggregate Income Of all the members OF any family
composed Of one or both parents and one or more
minor children, or OF husband and wife: but when a
wife has By law q separate income. beyond the con.
troll OF her husband, and Is living separate anil apart
from him. such deduction shall then be- made rom hcr
income, gains, and pronts; and guardians anu tIus-
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 beneiiciarics comprised I'D one
family. having Z. Joint ,t pT 70 ,Ss,r Inter Interest F %@'y ,S Sng p Ge.
pose o rallowlng said deduction IRON me income OF
any religious or social community holding al their
property and the income theretrom Jointly ana W
Common, each i've Of the persons composing such
society, and any remaining fractional number OF
such persons less than I'VE over such groups
-NLl L. BALL 10 RnnatlInlR N 1nlk
and a deduction OF two thousand dollars
shall be allowed for each OF said families.
Any taxes on the Incomes. gains; ana lronnol sush
societies. now due and unpaid. shall be assessed anu
collected according TO this provision, except thatthe
deduction shall be only one thousand dollars for any
year priar 70 siTt!fsG nai.,so sas snu LYNN INN In .dlI.
tIon 10 the exemptions provided In Tho preceding
section, there shall he deduc.cd from the gains.
County, and municipal taxes paid by him within the
year, whether such be owner, tenant. or mortRagcr.
all his losses actually, sustained curing INC 5ear
arising from fires, Hoods. shlpTreck. or Incurred IN
trade, and debts asccrtalncd to be worthless, ont eS.
Guiding all estImatcd depreciation OF values: INC
amount Of Interest paid during the yeaI' hna
tte amount paid for rent or labor 10 Gull
tiyatc land, or TO conduet any other busl.
ness from which Income Is derived; the lmo9ni
paid for The rent Of SI, sSTse er Or b prS samiiy. I and he
smount patti out Tor usual and ordinary repairs: 70
DEDUCTION shall be made for any slnouilt paid out ot
new buildings, permanent improvements. or oetleI-
ments made to Increase the valued Z any property or
estate.
SEc. 10. And be Il further enacted, That the tax
herelnbcfore. provided shall he assessed upon the
gains, proofs, and income mr. the year ondlng on
the tilr,y-frst day Of December ne1l nreccdlPS ihs
time for levying and collecting said tax, anu snail
be levied OH the irt day OF March, ~elgeteen hundred
and scventy-one and eighteen hundred and seventy
two. and be due and payable on or before the thirtlcth
DAY Of April In each Of said years. And IN addition
To any sum annually due and unpaid Hfter the ulir-
tIeth day OF April, and for ten days amer notice and
demand thereofby the collector. there shall be LEVIED
and collected, ~ q penalty, the sum OF I'VE per cent.
um on the amount unpaii. and Interest on said
amount at the rate OF one per ccntun per month
from the time the name became due. except from The
estates OF deceased. insane, or insolvent persons;
SEe. II. And BE- it further enacted. That II shall
DO thu, duty OF avery perssn VI ANiai age, M nts
two thousand dollars, to make and render q return
on or before the day designated by law, to the Assist
ant Assessor Of the district In which he resides OF the
gross amount OF his income, gains, and pronts as
aforesaid; but not including the amount received
from any corporation whose ofncerr, as antnoIlISd
dividends made and Of the Interest on coupons paid
by such corporatlnil, nor that portion 81 The salary OF
hay received, for services In the civil, military, naval
or othur service OF the United States, or - senator.
representative, or delegate In Congress, nom which
tax has besn deducted, nor the wages OF minor child
executor or administrator. and any person acting
In any other lduciary capacity; otasa resident agent
for, or copartner OF, any nonresident alien, deriving
Income, gains, and profits from any business, trade,
or profession carried on In the Culted States, or from
rents Of real estate situated therein, shall make and
render 4 return as aforesaid To the assistant investor
or the distrlc. In which he resides OF the amount OF
Income, gains and profits Of any minor or person for
whom he acts. The assistant assessor shall require,
every such return TO be verified by the oath or the