Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-19
LAWS OF The UNITED STATES.

t tsd and debts ascertained 70 be worthless, but ex
Guiding all estimated depreciation OF values; IN,
amount Of interest paid during INC year. an On,
tivate land, or TO conduct any other ous
ness nom which income Is derived; the amour
paid for he rent Of she h o. Or p%rs eim,tS o sSS re-
| amount paid out for usual and ordinary repairs. N
deduction shall be made for any amount paid OUT 10
new buildings, permanent improvements. OF oetter
ments made 10 Increase the value OF any property o
SIC. 10. And b Il further enacted, That the tai
hereinbefore provided shall be assessed npon IN
the thirty first day OF December next preceding th,
| time for levytng and collecting said tax, and shal
b levied on The arst DAY o. March, SH nn,ieH ,ss, sss s nSnIrs'
two, and be due and payable on or before thc thiTiiet
day ofAprl In each OF said years. And IN additl9l
to any sum annually due and unpaid after the 'nll
tieth uay Of April, and for ten days alter notice an
demand thereofby the collector, there shall DC ler:et
and collected. a. a penalty. the sum Of nve per cent
UNI on the amount unpaid, and interest on sai,
| amount at the rate OF one per eentum pei. mont
from Inc time the same became due, except from tn
estates ofdecensed, Insane, or i~nsolvcnt persons; 4,
Sec. u. And be IL further enacted. Inat II Sna,
be the duty Of every person or lawful age, who's
gross income during the preceding year exceeles
two thousand dollars, TO make and renlcr a return
on or before ne day desIsns a. Sh ~ NV w. I 70 1ns S ~ ~
gross amount OF his income, gains, and pronts a
Aforesaid; but not Including the amount tseelse'
from any corporation whose oiicers. as au!notl.S
trtw. withhold and pay as taxesA per ccntunlol IN
diyidends made and OF the interest on coupons pail
By such corporation, nor that portion OF the salary o
pay .@ssslys1: for s cs VIC i; " tns S sisi: m or as senator n%tS
representative, or delegate In Congress, ir0il Whlci
tax has been deducted, nor the wages oil minor cnlIu
| rem not received: aud every guardian ahd trustee
| executor or administrator. aud any person actln!
In any other nducIAry capacity; or asa resident aHcn
Tor, or copartncr OF, any nonresident allen. deIipin,i
Income. gains. and profits from any business. trade
or profession carried on In the United states, or iron
rents or real estate situated therein, shall make anC
render q return as Aforesaid TO the assistant assessor
OF the district In which he resides OF NC amount OF
| Income, gains and profits OF any minor or person ,ol
whom nc acts. The assistant assessor shall require
every such return 10 be verified by the oath OF Inc
party rendering IL. anil may Increase INC amount o.
| any return, atcr notice 10 such party. " ne IA
reason 10 believe that the same is understateo. ~
case any person having q gross Income as ABOVE. o
two thousand dollars or more. shall neglect or rslGse
to make aud renter such return, or shall renucr !
false or fraudulent return, the asscssoro or the d, sistanl
assessor shaIlmakr such return. According otne Oesi
Information he can obtain by tue examlhatlono VI slu
person, or Of his books or accounts, or by any othei
| evidence, and shall add, rs . penalty, 10 the amount
Of the tax Jue thereon, nlty per centlm 10 az e3scs
Of wIllful neglect o. refusal to make and render a fe.
| turn, and one hundred per centuni in all cases o, .
false or fraudulent return having been rendered.. Iht
tax and the addition thereto as penalty snail be as
scssed and collected In the manner proylied loI ln
cases or wIllful neglect Or refusal TO reilcer u return,
or n rendering O false or fraudulent return. Dut No
penalty shall be assessed upon any person TOT snch
neglect or refusal, or for making or renderihs a iatsS
or fraudulent return, except after reasonable nOuce
olthc time and place ofheaTing, 10 be regulated ofthH
| Commissioner Of lnternL Revenue, so as 10 give the
person charged all opp0rtu nifty TO he heard; ITo'
sidsd' That no collector deputy collector, assessor. OF
| assistant assessor shall permit to be publlahcu IN my
manner such Income returns, or any part tncreSl,
| exccpt such general statistics, not specifying tne
names OF Individuals or nrms. as he may make public
under such rules and regulations rs tbs Commission
er 0 Tinlernui Revenue shall prescribe.
SIC, II, And be IL further enacted, That w1en the
return OF any person Is increased by the assistant as
SCISSOR, such person may exhibit his books AMI nc
counts aud be permitted to prove aud declare, undGi
oath, the amount Of Income liable 10 be nssessNl
bI, such oath and evidence shall not be conclusive
OF the facts, and no deductions lllineI IN sllch Case
shall bc allowed until approved by the usslhtant Us
SCISSOR, Any person may appeal from the decision
or the assistant assessor, IN such cnses, to tile assess
or OF the district, and his decision thereon, nnIe,hic'
vcrsrd by the Commissioners OF Internal Revenue
.hall be fnal. The form, time. aud iiLhncrOl pro
| ccedlngs, shall be subject TO regulations 10 be pre-
scrIbcd by the Commissioner OF Internal Revenue.
SEC. Is. And be IL JSrthtr Enacted. Ihat any pS,
son, in his own behalf, or as such ildnclLIy OF agent
shall be permitted to declare. under oath. that ne
or his ward, beneficiary. or prlncipai; wSs noI p III,
to be assessed according 10 the provisions OF th-s aet
or NAV declare that an income tax has been hssesseS
| and paid elsewhere IN the same year. under aulho,l
" oithe United States. upon his Income gains. ~,
nrohts. o. those Of his ward, beneficiary. or princl
nal. AZ required By law and II tic assistant aSsesSo.
shall be satisfied or the truth Of the deelafatlon: sue,
person shall thcrenpon be exempt Noih inSoi"c Aa'
SIC. Il. And be IL further enacted, That consul
Of foreign governments who are NOT sis'tens ~ ~, ~
Imposed Nv this act which may be derived from th.,
Unicial eIaolunientS. or from property ~ 'o!sis,
c%oun,rlrs: Provided. That the governments while
.ich consuIs may represent shall extend similar ex
emptiun to consuls Of the Unlied States.
SIC. Il. Aad Be Il further 'endefsf, Ihat tner
shall be levied and collected for and during the yea
eighteen hundred AMI scyenty.one a tax Of Two an
ouc.haIr Der centum on the amount OF all interest .
coupons paid en- bonds or other evidences OF uebt u
sued and payable In one or more years after date. .
any NJ tho r0FpOFatlOna In this section. neTplNAlIC
enumerated, ami on the amount OF all diSlicnIs 9
earnings, income. or gains hereafter icelared, ~ an
bank, q ust company, savings Institution, IiisuraLe
company, railroad company. canal company, tur,
pike company. canal navigation company anhsIASh
water company, Whenever and wherever tne sam
shall be payable. and 10 whatsoever pe'scG nc sam
NAV be due, including non-residents, wilSlher. cit
Icns or aliens. and on all undivided proa . OF an
such corporation, which have accrued ana pee
earned and added " any surplus, contingent or othe
fund, and every such corporation having paid III
tax as Aforesaid. 10 hereby authorized 10 deduet m.
withhold nom any payment on account oSna, o. ~ mere. ne ss'
hf and one-half per centrum on the same an
the payment to the United states. a. provided u
law, OF the amount Of tax 50 deducted rom inc "
tcTcst, coupons, and dividends Aforesaid, shall dis
charge the corporation nom any LIABILITY, Tor tina
mount ofsaidinterost, coupons or divi s.cl1inir
as due 10 amy person, cksCrt IN eases Wns,e s.iS
contract: Irorided, That the tax upon the dividend
Ofinsurance companies shall not be deemed due nn
III such dividends are payable, either In money o
Otherwise; and that the money returned by nutua
Insurance companies 10 their policy.holiers. and tn
annual or senli-annuul interest allowed or paid 4
the drposItors In savings banks or savings instltu
ions, shall not lie considered ~ dividends, and tina
when any dividend Is made or Interest as ~atorcsIl,
paid, which includes any part OF me surplus o.
contingent fund OF any corporation which has Deer
ssscssed and the tax paid thereon. or which Include
any part OF the dividends. interest or coupons re
ceive'l from other corporations whose officers alenu
Ihohzed by law 10 withhold d per ccntum on tn
sane, the amount Of tax No paid on that portion o
the surpln. or contingent fund, and me amount "
interest, or coupons 80 received, may be dcducte'
from the tax on such dividend or Interest.
SEC. Is. And be IL Jurihrr enacted, ThatcveTy pei
ton having the care Or management o. any eOrporS
lion, shall make aud render 10 the assessor or nsSls,
ant assessor OF the district In which such person la
hi. ONCE for conducting the 6usins.s OF such eeTpoI
Ing that In which any dividends or sums OF none
become due or payable as Aforesaid. a true and com
plcte return. In such form ~ the commissioner .
Internal Revenue may prescribe, OF the amount Q
income and profits and OF taxes AS Aforesaid; an
,herc shall be annexed thereto a declaration OF th
president cashier; Or 'easare. Q, .nS r SoI IST en,n
plcte account u the income and prohts AMI OF lake
is aforesaid. And for amy default 10 the making o
rendering Of such return, with such declaration nm
ncxed, the corporation 80 In defaIi; shall forfeit. as
penalty, the sam OF one THOUSAND dollars: aud II
case o: any default ~ making o. rendering said re
Iurn, or OF any default IN the payment OF the tax u
required, or OF any part thereof. tho assessment AM
collection or the tax and penalty shall be In accord
ance with the general provisions flaw In othcrease
Sc. i. And Do Il further Enacted. That section,
one hundred and twenty. ono hundred and twenty
and twenty.thrcc or the act OF juno thirty. eighteen
hundred and siXty-four, entitled An act 10 provide
Internal revenue to support tho government, to pay
As amended BY the act Of July thirteen, eighteen
hundred and ~s!Sty.six. and the act Of March two,
eighteen hundIea and ahty-seysn; shall De eonstfnca
day OF August, eighteen hundred AMI seventy, but
after that date no further taxes shall be levied or as
sessed under sait sections; and all acts and parts 0,
acts relating 10 the taxes herein repealed, and that
all the provisions OF said acts, shall continue IN iull
force for levyiny Lpti collecting all taxes property as
sessed or liable to be assessed, or accTuing under the
provisions OF former acts, or drawbacks. the right TO
which has already accrued or which may hereafter
tinuing liens, nncs, penalties. and forfciturcs Incurred
under and BY virtue thereof. And this act snail not
be construed 70 affect any act done: right accrued; or
right Is hereby saved. And for carrying out and
completing oil proceedings which have been already
comn,eneed or that may be commenced 70 enforce
ccciings under said acts, and for the pnnikhment OF
crimssofw which any party shall be or h" been found
SIC. "a. And BE- Il further enacted, That the Pres.
Ident Is hereby authorized TO annex TO. and unite
with each other, two or more adjoining collection
districts, whenever In his opinion II will reduce the
ImpAiring the efficiency OF the service. and there
upon shall retain but one collector and one assessor
authorized TO consolidate In Ike manner, at his DIS.
ciclIon. any two or more adjoining supervisory dis
trtcts. and 70 retain or appoint one supervisor for
SEC. IT, 1sdJsT S.stIr enacted, That as soon
as practicable after the passage Of this act the num-
Der Of assistant ~assessors employed shall be perma-
Class WHO are assigned Specially TO he asssssment OF
any taxes which shall have been abolished BY law
and the Commissioner OF Internal Revenue shall DO
required further TO reduce the number Of assistant
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