Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-08
fpublic-So. 1911
| AN ACT 10 reduce interval taxes, and for othci
purposes.
Approved. July u. 1870.
Bel Il enacted blythe Senate and Ho'se n Rtpre'enta
tires ofthe United Sates Of America in CoHcrei'
assembled

Bel Enacted LytLe Senate and Home y Rtpreieaia.
tires of,tho United States o. American eoH'Te''
assembled
That on AMI after the Arst lay Of May. eighteen
hundred and seventy.one, the special taXcs Imposed
by the scveuty-nInth section Of the act entitled An
act 10 provide internal revenue 10 support the gov
eminent STSSl S. to pay iHi spSToS %n ' June pe0 sSif ay'' Eighteen X
hundred aud siXty.f0ur, rs amended oy SECTION nine
of the Internal revenue act approved July Ihlrtesn:
cIgeteen hundred and ~slxty-six, AMI as anlenici py
xectIon two OF the internal revenue act npprpvei
March two, eighteen hundred nnd siSty-seyen, ur,
and the same are hereby, rsDsa!sd; Sa. ih ia ac .n srE,i
tax on brewors imposed by said section, or thc spec
la taxes imposed by the act approved July twenty.
eighteen hundred and slxty:eisht' en- entitled !ns, an S All
for other purposes OF Tie acts amendatofy thefeo'.
SEC. ., And be 10 further enacted, That on and
after the first day ofOcto0er. eighteen hundred aii
seventy, The several taxes on sales imposed by Inc
internal reyculc laws now In force. saving ami e1.
ceptIng such taxes on sales As are by exlstlns law
paid BY stamps, and the taxes on sales OF leli tooae,
IonesIic distilled spirits, and wines. iinposed by said
act. approved July twclty. eighteen hunureu anu
slxiy.cIrht. and acts amcndatory thereof, be- aud the
same are hereby. repealed.
SIC. !, And be Il further enacted, That ~ and
after the nrst day OF 0ctober. eighteen hundred ana
seventy. the taxes imposed by the Internal revenue
laws, now In force; herein sPsei y" .;1 Gei ana IN ; ssSs sdMs
A; the special tax on boats. bargcs and Hats; on lesa'
Giles and SUGGESTIONS; on passports; ana on grossfe'
ccipts.
Syc. l. And be II further enacted Thato on and amer
the nrSt day ofuctobcr eighteen hundred and seventy.
the stamp tax imposed In schedule Is on profhlssory
notes Tor n less sum than one hundred dollars. anu on
receipts for any sum ofnoncy, or Tor the payment 81
any debt, and the stamp tax imposed w scheiuie I,
on canned and preserved ilsh, br, ant the same are
hereby, repealed. Aud no stamp shall Nc REQUIRED
upon the transfer or assignment oI q mortgage. wnelc
Il or the instrument Il secures has been once uuly
stamped. And the proprietor or rroprietorso OF ar
ticlcs nanirdin said schednlcC, VINO shal luihlsn MS
~ thtr. Nupn, Ia mr. IIa.Iun fur gfnnlOa 10 be utpH TN
pecIally for his or their own proprietary articles, shal
be allowed the following commissions, namely: on
amounts purchased atone time OF not less tan nIty
dollars nor more than nvc hundred dollars. i've per
ccntum; and on amounts over tvc hundred dollars,
ten per cnntum oil tho whole amount purchased
Frorided. That. lueifer or friction matches. am q.
cara lights, and wax tapcrs, may 10 removed from
the place OF manufacture Tor export 10 q foreign
country without payment OF tax. or aflSlng stamps
Thereto. gn ~ Tn saSn Tux Rs Snu m S;iU WrcscriSe; AMI
all provisions oicxisting laws Inconsistent herewith
are hereby repealed. ..
SEC. S. Aad Gs u further enacted. That section
one hundred and tny-cight 0f the act entitled An
act to provide internal revenue to support the gov.
crnmcnt. 10 pay Interest on thu public debt, and Tor
other purposes" approved July tniiiy, Sisnr u,rn
OF the Internal revenue act, approved July thirteen,
eighteen hundred and sixty-six. be. and IL hereby,
amended by striking out the word. MY aplxss
the following: double the anloIt Of lax remaining
unpaid. hut In no case less than nHe dollars also,
by striking out the words ,,siSty;siN ~ inc .ntu
''sevcnty-one: also, BY striking out the worls Sixty.
sevcI.' In the last proviso. and inserting Ia licuthcrc-
Of the words "seveniytwo."
SEC. .. And6s IL further enacted, That here shall
be levied amt collected ANNUALLY, ~ hereinafter pr0.
vided. for tho years eighteen hundred and seventy
and eighteen hundred scventy-one. and 10 longer. a
tax Of two and one-hslf per centrum upon tue gains
United StDics, AMI OF every Citizen OF the United
States residing abroad, derived rom any sonrss
States, except as hereinafter provided, ana a ike LAX
annually upon the gains. pronts, and Income derived
In itnnii..i States by any person reTidIng without
the United States, and not q citizen thereof. ortroin
rents OF real estate within the United States owned
by any person residing without the United STATES
and not a citizen thereof.
slc, :. 'Ana be Il Jsrfksy enacted: That In esti'
mating the gains, profits, and Income OF any person.
there shall be Included all income asrissa .tom Any
upon %allnotes, bonds. and mortgages, 0rotlcr iormS.
Of indebtedness bearing i%ntcrcst, whether paid or mol
ifGood AMI conectablc: Interest upon notes, ponds,
amount Of all premium on gold and coupons; tne
gains, profits. and income ofany business, profession,
s .TSS amount S"iptJ received as salary or pay for services in
the civil, military, naval, or other service OF VIC
United states. or a. senator, representative ~ neis
gate In Congress: except that portion thereon from
which, under authority or acts OF Congress PREVIOUS
hereto, q tax OF i've per cenium thal nave Oecn
pronts, whether dividedor not, ofall companies or
partnerships, but not including the amount received
from any corporations whose officers. as authorized
BY law, Withhold any pa y, A. , taxes ~ = P so,, SsMSam nj, ii
by such corporations; profits realized. within tht
year from sales of real estate purchased within Two
years previous to tho year for which Income IA csil'
mated; the amount OF sales OF live stock. sugar,
wool. butter. cheese. po:k. beef mutton, or other
meats, hay AMI grain. fruits. vegetables. Or other pro.
duCtions. being tho growth or produce 0lthe estate OF
such person. but not Including any part thereof con-
sumed directly by the family; anil all other gains
nrouts, and income drawn from any source Whatever,
but not Including the rental value Of the homestead
used or Occupledby any person. or by MS iamiS.
SIC, g. And be Il further enacted, That military or
OF the United States. aud the sum Of two thousand
dollArs Of the gains, PROFITS, and income or any per
koD, shall Ge exempt nom said Income tah, 10
tho manner hereinafter provided. oniy one uelus,
aggregate Income OF all the members OF any family
composed Of ons or both parents and one or moro
minor children, or or Husband and wife; but whcn .
wife has by law u separate income, beyond the COD.
troll OF her husband. aud IL living separate and apart
fromhIm, such deduction shall then be made rom nor
income, gains, and profits; and guardians ani lrus
ieeSshali be allowed 70 make tue DEDUCTION 10 laSoI
two or more wards or benetciarIes comprised ~ one
family, having joint property interest, only one us
duftlon shall 10 made In their favor. For. the pur
AM religious OF social community holding. al their
property and the income thoretrom Jointly ana N
common, each nvc OF the pcrSors composing suce
society. and any remaining fractional numoei oi
ZEE cP ave- esri ssail be- & i Ssia TO s' constitute : issnIly.
and q deduction OF two thousand aonars
shall DO - allowed for each OF said families
ANY taxes on the Incomes. CALM; and pronno u sa ~
collected according to mis- provision. except that t6s
deductlon shah be only one thousand dolars for any
year PRIOR 10 Eighteen hundred and !sysntY. |
49, 49, rtjnns orovTSd n III preceding |