Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-14
LAWS OF THE UNITED STATES.

trade, and debts ascertAined TO be worthless. but cS.
Guiding all estimated depreciation o. values une
TIE amount paid for rent or LABOR 70 GU.
tivate land, or 10 conduct any other busi.
ness nom which income is derived: inc sinon,i
paid for the rent Of the house or premises occupied
as a residence for himself or his family, anu ne
amount paid ont for usual AMI ordinary repairs. ~
de,iucti0n shall be made for any amount Palo gu. IoI
new buildIugs permanent improvements. or Deiter'
ments made TO increase the valued { any property or
estate. -
hercinbeiore provided shall be assessed upon the
gains, profits, and income for the year ending on
the. thirty-first day OF December next preceding inc
be levied on the frst day Of March. ~elgetccn hundred
and seventy-one and eighteen hundred and seventy
two. and be- due and payable on or before, the thirtietn
day OF April In each Of said years. And In addition
10 any sum annually due and unpaid after the thlr,
tlcth day orApril, and for ten days AFTER notice am
demand thcreofby the collector, there shall he LEVIED
um on the amount unpaid. and interest on said
amount at tho rate OF one per ccntum per month
from the time the same became due, except from ue
estates VI deceased, insane, or i~nsOlvent persons;
SEC. II. Aud be 10 further enacted. That II shall
be the duty OF every person OF aTml age. whose
gross Income during the preceding year rxceelca
| two thousand dollars, 10 make and render q return
on or before the day designated by law. to the assist
ant assessor 0f the district In which he resides OF the
gruss amount OF his Income, gains, anu pronts ~
Aforesaid; but not including the amount receiNeI
fr6m any corporation whose officers. us authoritsu
by law, Withhold and pay us taxes 4 per ccntunlo oil thr
dividends made and OF the interest on coupons pllu
by such corporation. nor that portion OF the salary or
pay received, for services IN the clrN, military naIaII
or other service Of the United States. or as senator.
representative, or delegate In Congress, from whlsh
tax has been deducted. nor the wages Of minor child
rem not received; and every guardian ana trustee.
executor or administrator and any person acting
In any other tducinry capacity; or asa resident asent
for, or cOpartner Or any nonresident Alien, dcrlNlnR
Income, gains, and profits IRON any business, trade.
or profession carried OIL In the United States. or from
rents Of real estate situated therein, shall make anu
rundnf "A FefuFu ns Aforesaid To the hN>lAkant hNScNsbT
Of the district In which lac resides OF the amount o.
Income. gains and profits OF any nllnor or person ,oa
whom he acts, The assistant assessor shall require
every such return to be verified By the 0ath Oi the.
party rendering II, and may Increase the amount OF
any return. after notice TO such party. u ne mas
reason 10 believe that the SAME Is uIiderstatci. III.
Gaze nnyIperson' having \ gross Income hsnbpSc, Oh
two thousand dollars or more, shall neglect or refuse
to make and render such return. or shal rcnuer a
| false or fraudulent return, the a>S'ssOror the assistant
nssycsor shaIlmake such return, according Dihe nesi
lniOrmatIonh lie canobtaln by the examination oi sliu
person, or OF his books or accounts, or W any othet
evidence and shall add, as a penalty, 10 Tue amount
OF the tax due thereon, my per ccntun III Az caNh
OF wilifuI neglect o. refusal To make and render a r.
turn, and one hundred per ccntnni W nv chsSs T ~
false or fraudulent. return having berll rendered. Inc
tax and the addition thereto n penalty slai w az
,cs,rd and collected IN the manner prOvInch LOT III
cases OF wllliul Neglect "f rS,Tss. 70 rr,urnI But no
pcnalty shall be assessed upon any person, ior shch
neglect or refusal. or for making or rendering q isis
oithe time and place ofheaIing, 10 be regulated bytnc
| Commissioner or Internsl Revenue, 40 aS 10 give me
person charged an opportunity 70 be heafu: ITO,
riied, That no collector. deputy collector, assessor. OF
assistant assessor shall permit TO lie publislird IN any
manner such income returns. or any paii thc'eoi.
except such general statistics. hoi sprvm ST. g. S,hIIc
under such rules and regulations az The Commissions
er Of Internal Revenue shall prescribe,
SIC. lo, And be Il further enacted. Tint when Tue
rnturn of any person Is increased by the assistant as
SCISSOR. such person may cNhlDlt III, BOOKS anu &c.
counts ant he permitted TO prove aud declare, uilurr
oath. the amount OF income liable to he assessed;
INIT such oath AMI evidence shall not be conclusive
Of the facts, and no deductions claimed IN snch cases
shall b. allowed until approved by the assistant ~,
| of the a~sslstait assessor. In silch cases, 10 the assc,,-
or OF the district, and his decision thereon, nnle>sic-
verseL By the Commissioner OF Internal IeSsile,
shall be inal. Tie form. time. and niailnerOi pro-
ceedIugs, shall be subject TO regulations 70 DC pre-
scribeG by the Commissioners Of Internal Revenue.
SIC. j: AHd be I, further etIdetsd. That any per
son. I'm his own behalf, or rs such nduclhry or agent,
shall be permitted 10 declare. under Oath, thht hc'
or his ward, beneficiary. or principal. was mol pos
ses>ed Of an income Of Two tnOuSrnI onS ns Ill nCI.
or mas declare that al income tax has been h,srssc,I
and paid elsewhere In the same year. under authori,
~ 1.-THE United States, upon his income, gains, anu
prodts, or those OF his wari, beneficiary. or princl.
pal, ~ required by law: and u The assistant as"cs'NE
shall be satisfied OF the truth Of the declaration, such
person shall theteupon be exempt nom h'eoihe "N
SIC. IL. And be il further enacted, That eonsnls
OF foreign governments who are moi GluEs u.s. ~ ~
imposed by this act which may = ederlSedt from li'a,
official cinolumenu,. OF from ploperty nn '" rt :
couutrIrs: IrOriisd, That the governments WHICH
such consul, may represent shall extend similar eN'
emption 10 conslls oil The United STATES.
SIC. Is. ArI be il Jurthr enaetrd. That tners
shall be levied and collected for and during the ycai
eighteen hundred AMI sercnty-onc u tax OF two ana
on..half per ccntum on the amount OF all interest OF
coupons paid on bonds or other evidences OF ncut ~
sued and PAYABLE in one or more years alter ultc.. ny
nny OF the corporatIons In this section hereinafter
enumerated. AMI OIL the amount Of all dividends m
earnings, income. or gains hereafter nssinreG, Us anS
company, railroad company, canal company, ,u,n
pike company, canal navigation company, anis'ack'
water comrnny. %lcncvsr anu ~nS n !, ~, s se
may be due, Including n0Il.resllents. whether clli
zeIis or aliens. and on all undivided profits OF any
such corporation, which have accrued anu Deer
earned and added to any surplus, contingent or Other
funI, and every such corporation having paid The
tax as aforesaid. Is hereby AUTHORIZE 10 dria;t an
coupons, AMI dividends m amount elNalto the tiS
oftwo and one-half per ccntum on the same ana
the payment TO me CniieI sia,rs, ~ br%n , ,Ms i u!
trrest, coupons. AMI dividends Aforesaid. sllalI aus
charge the corporation rom any liability Tor tiiat
amount Ofsaid Interest. cOu pons. or dlvidcnds. claimed
~ due 10 amy persoi'. except IN cases whrfc sIld
corporations have provided otherwise by M express
contract: Troridsd. That the tax upon The dividends
Of insurance companies shall not be deemed dne I'M
III such dividends ar. payable. either IN money or
otherwise; ami that the money returned by mutual
insurance companies 10 their pollcy.hUiders. and the
annual or scmIannual Interest, allowed or paid to
the dcpositOrs In savings banks or savings lnst,ill.
tions, shall not lie considered as dividends, and that
when any dividend Il made or Interest as Aforesaid
Is paid. which includes any part Of the surplus or
contingent fund OF any corporation which has been
assessed and the tax paid thereon, or whlen ihciuues
any part Of the dividends. interest or coupons re-
cciyed from other corporations whose officers aIeal-
thoriIed by law 10 Withhold a per ccntnnl on the
same, the amount OF tax 80 paid on that portion OF
the surplus or contingent fulii. and the amount al
tax which has been withheld and paid on dividends.
interest. or coupons 20 received, may DC deaae'ed
SIC. IL. And Dc IL further enacted, Thaicvcry per
son having the care or management Of any corpora
ton liable to B. taxed under the last preceding scc
ant assessor OF the district In which such person Ia;
his office for conducting the businss,o Of such corpor
alton. on or before the tenth dayof the month follow
Ing that In which any dividends or sums Of money
become due or payable rs Aforesaid, q trie and com
pletc return, In such form as the Commissioner O
Income anil profits and Of taxes as aforesaid; and
there shall be annexed thereto u declaration OF ths
president, cashier, or treasurer OF the corporation,
under oath, that the samc contains q true AMI com
nlete account OF the Income aud profits and OF taNt'
as aforesaid. And for any default IA tie ;Gakli,S OF
rendering OF such return, with such declaration an
nexeI, the corporation so In default shall forfeit. AS q
penalty, the sum OF one thousand dollars: aud In
case OF any default In making or rendering said re-
turn. or Of any default In the payment OF the tax a;
collection Of the tax and penalty shall be IN accom-
ance with the general provisions OF law In other cases
Of neglect and refusal,
l 1IN. ls nHA VIC " eftNF tHNNs 100
one hundred aud twenty. Que hnndrri and twenty;
one, one hundred and twcniy.tHo. ami one hundrrd
and twentythree OF the act OF june thirty, eighteen
hundred and siXty-four, entitled An act TO provide
Internal revenue 10 support the government. to pay
interest on the public debt. and for other purposes
"a amended by the act Of July thirteen, clShteeh
hundred and sixty-slx, and the act o. March Two;
eighteen hundred aud sixty'scScn, mail br eons'Inca
TO Impose the taxes therein nientionSd 10 ,nS h o.,
day oil August, eighteen hundred anl seventy, bht
after that date no further taxes shall be levied or n.
scssed under said sections; and all acts anu pnrtS OF
acts relating 10 the taxes herein repeated, AMI ftat
all the provisions OF said acts, shan continue W inll
force for lcvyins and collecting all taxes properly AS
scsscd or liable TO be anse>sed, or accIuinx undef inc
provisions OF former acts, or drawback. the right to
which has already accrued or which may hereafter
accrue under said acts, and for maintaining and con.
tInuIng liens, anes, penalties. and forfelmrcs Incurred
under AMI By virtue thereof. And THIS act slall not
be construed 20 AFFECT any act done, right accrued, or
penalty Incurred under former acts, but every such
completing all proceedings which have been already
commenced or that may be commenced 70 enforce
such fines. penalties, and fOrfritures. or criminal pro-
ceedings under said acts. and for the punishment of
crimrsof which any party shall be or has been found
guilty.
SEc. u. And be il further enacted. That the Pres.
idcnt IN hereby authorized TO annex TO, and unite
with each other. two or more adjoining collection
districts, whenever In his opinion II will ftiuce the
expenses OF collecting the Internal revenue, without
lnpaIring the efficiency OF the service and there
upon shall retain but one collector aud one Assessor
for such enlarged district. And the President Is also
authorized 10 consolidate In like manner, at his dis
cietlon. any two or more adjoining SUPERVISOR dis
tricts, and 70 retain or appoint one supervisor Tor
SEC. l?. And be Il further enacted. That as soon
as practicable after the passage Of this act the num-
bar OF assistant assessors employed shall bO penIIa-
nently reduced by the discharge OF all officers Of that
class who arc asstgnDl specially to the assessment Of
any taxes which shall have been abolished hy Law.