Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-21
LAWS OF THE UNITED STATES.

arising nom nfes, noods, aa'p n W nSo,,hiess but ex.
IadS. and deos aseeiIain nnrsc,stIon Of values: lie
cludlhS al! esuulAted IeP' SnI.r IN, wear and
amount or Interest paid uutins ~ 40 rnI.
TIC amount paid LOT rent U n,hcr hnsi.
uvate land, or TO conhuSt anS ,Sc ,nount
ness rom which Income is uetisea, ~ o,rnnisd
paid for the rent OF the nou% " p'rrnmTs NJ thc
as . residence for himself or M IaniIs, ~ No
amount paid out LOT usual anI a ,,n nsiJ ont Tor
deduction shall BIO made for any AIiouh, petu Ss,,nr.
new buildings, permanent Improvements VI ~ , ).
ments made to Increase the saiueoi any pi'p'''' "
estate. rha, IN. ,,y
SIC. 10. AMi be IL JhEfher enacted, lhAt 'ue .aS
hereinbeiOre provided shall be aasessed upon lne
guins, profits, and Income for the year enulhs on
the thlrty-first day Of December next pteeedins y
be levied on the FIRST day OF March. ~e.geteeil htindrcu
and seycpty-ols and eighteen hundred and seventy
two. and DC due and payable on or bcfore,thc thirtleth
day OF April IN each OF kdid years. And In addition
10 any sum Annually due and unpaid after the thlr-
ticth day OF April, and for ten days after notice ana
demand thercofby the collector. there shall be Levied
and coIlecteJ ns 4 nenaIty. the sum OF dvc per cent
UNI on the Amount unpald, and interest on Maid
amount nj the rate OF one Der centum per month
from the time the same became due, except from The
estates OF deceased, insane, or ~InsOlyent persons.
SEc, II. dHd Be IL further eadefsd, That II shall
be the duty OF every person OF LAWFUL aSc. whose
gross income during the preceding year eSceeIen
two thousand dollars, to make and render . return
on or before the day designated by law, TO the assist.
ant assessor Of the district In which LIE RESIDES oi inc
gross amount Of his income. gains, anu prohts as
but not Including the amount received
from nny corporation whose Officers, as authorized
by law, withhold and pay ~ taNesa per ccntumo OF NC
dividends made and Of thu Interest on coupons pau
by such corporation, nor that portion OF the salary or
pay received, for services In the civil, military, naval
or other service Of the United States, or as senator.
representative. or delegate In Congress, nom whien
lax has been deducted, nor the wages OIL minor chllu'
rem not received; and every guardian ana trustee,
executor or administrator, and any person acting
In any other dduciary capacity: 9r asa Lesldeht assn.
for, or copartner OF, any nonresident allen. deriving
Income, gains, and profits from any business, ttaur,
or profession carried On In the United STATES, or RON
rents Of real estate situated. therein. shall nlake NM
render q return ~ Aforesaid 10 the assistant as,rssoI
OF the dIstric, In which lie resides OF the amount OF
Income, gains and profits OF any minor or person wa
whom he acts. The assistant assessor shan lel1ms
every such return 10 be verified by the Data OF Tue
party rendering II. and may Increase tue amount OF
any return, after notice to such party, " ne mas
reason TO believe that the same Is unherstatsu: ~
case any pcrson having a gross Income As aoovr, "
two thousand dollars OF more, shal nefleSt oI ISIn''
to make and render such return, or shnh Ielu.t q
false or fraudulent return. the assessIrG nns =, Sn hn.i
ansSeSor sllall make such return, accOrdllIgi othc Oes,
information he can o6taln by the examination oI sa.a
person. or Of his books or accounts. or ny any QUIZ,
evidence. and shall add, a. . psi'a anS;u 10 i IN nI l't Sss"s
or willful neglect 0. refusal 10 make and render u re-
turn. and one hundred per centunl In oil cases 81 q
false or fraudulent return harinS been rendersd; ihe
scsscI and collected 10 the manner provided .@f 10
caxr, or yillnII neglect or refusal 10 render q return.
or il rendering a false or fraudulent return. But no
NEGLECT or refusal, or for making or rcildcTin. q iaiSc
or fraudulent return, except after reasonable notice
oftle time and place oilIeaIing. 10 be rcgulateJ ~ ~, w.
person charged M opportunity 70 De heafd' ITO.
rifSL. That no collector. deputy collector assessor, VI
assistant assessor shall permit TO Dc published " an$
except such general statistics, not specifying tnc
names Of individuals or firms. AS he N make puOIc
under such rules ari regulations is the C"'i''NlSs'oh
~ NJ Internal Revenue shal! pro>crlir.
SIC. Ia. dnd DC il Jrrther S"',ted. That when thN
return Of my person. Is Incn.asct ly the asslS,an' ~.
SCISSOR. such person may exhibit LIS 9ooss am rI hs,
o,th the amount Of Income liable 10 be assessed
but such oath and evidence shall not be conclusive
OF tho facts, and no deductions claimed III sue. raScS
shail be allowed until approved by the assistant ~
sessor. Any person may appeal from tue decision
OF the assistant aSsess0r. In such cases, TO tne hsscss'
or OF tho district, anti his decision thereon miliessie'
yersad by The Commissioner OF Internal Revenue
shaIl be tinal. The form, time. and manner "i pro-
ceedInys. shall he subject to regulations 10 DC pre-
scrlbed by the Commissioner OF Internal Hcs,lin".
SIC, IL. JHd BE- IL further enacted. That M! per
,on I'm his own behalf, or rs such iducihry or agent
shall lie permitted to declare. under OATH. that ne
or his ward, beneficiary. or principal; W, n'' ptpSs,
scsse4i Of an income Of two thousand doiLlls. haplF
10 be assessed according 10 the provisions oil tIlis hct;
or may declare that an income tax has been a.sSssel
and paid elsewhere In the same year, nnn'I Nv onJ
profits, or those VI his ward, beneficiary. or prince,
pal, az required by law: and 1.-THE assistant assessor
shall be . ;sil' tSsIc OF aSS t !. cse On from Income lax
I'M the said district.
SEc. II. Ani BE- Il further enacted. Thai consul
q foreign government. who are IU' SIr' ;ncnn - t ~
imposed by this act which may BE- derived rom lhfl
orclal enioluncnu, or from property In iDreisi
eountrir,: Pyoridsd, That tine governments wlicl
such conSuls may represent shall extend simiiar rS
emptIon TO conSuls Of the United states.
SIC. Is, AAd be IL further ~'hdci:s.. Thnt tnet
shall sf.h,s be- ls SHndr AM and GSIs ssVsn, iSL a tax Of Two m,
unr.half per crntum on the amount Of all Interest .
COUPONS paid on bonds or other evidence. OF debt j.
sued and payab.CIn one or more years after date. D.
any Of tn. Corporations IN this section herclnaftc
enumerated. aud on the amount OF all dividends o
earnings, Income. or gains hereafter declared. D! All!
hank, trust company, savings Institution. insurance
| comnany. railroad company. canal company. turn
nIxc roInnany. canal navigation company, and sack
water company, whenever and wherever the SAINT
sh,,i N. n,ynhIc' and 10 whatsoever person the sam,
may Sc die. Including non.resilrnts, whether citi
1en, or aliens. and on sll undivided prof's Of an.
such CORPORATION, which have accrued AMI bcci
rnnd' and every such CORPORATION having paid IT,
law NJ Aforesaid. Is hereby authorized 10 deduct an,
withhoid rom any pnynient OH account OF interest
rnnnanS ami d%IvijenJs an amount equal to the Ia.
oSt ~" and one-hai( prr centuin on the same; all,
Tho uaymrnt 10 the United States. as provided b,
law Iof Inc amount Of tax NJ deducted from the IN
tcrest, coupons, AMI dividends aforesaid. shall dis
charge me corporation from any liability for tina
amount ofa,dinterc,t coupons or dividends, clainr'
A. due TO any pcrsOn, except IN cases where sal,
cornoratiOns have provided otherwise by m expires,
contract: Roriied. That the tax upon the dividends
OF Insurance companies sail not he deemed due I'M
III such dividends are payable. either In money Of
otherwise; and that the money returned by mntna
Insurance Companies 10 their polIcy-holders. and. thu
annual or rcmI.unnual interest allowed or paid "a
Inc dsposltors in savings banks or saving, instltu
inns shall moi be considered as dividends, and tina
when any dividend is nude or inicres; rs aforesaid
ia paid, which includes any part OF the surplus oil
contingent fund OF any corporation which has been
assessrJ and The tax paid thereon, or which include,
any part OF the dividends. interest or coupons re
csiyeS from o;hcr corpora,Ions whose Officers arcau
thorizad by law TO withhold a per ccn;um on tn
The surulus or contingent fund, and the amount &
tax which has been withheld and paid on dividends
interest, or coupons 30 received, may BE- deductc'
nom thc lax on such dividend or interest.
SIC. M. BE- n further enacted, Thatevcry per
,on having the care or management OF any corpora
tion Ii.bie 10 be- taxed under the las, preceding sec
No. IT, Iii nS.[s snJ ycnJrr 10 Tho Rssessor or asi,i
ami 1880, ~ The district In which such person In
hi. onnre for conIluctinr the bu,ins,, OF such corpor
nn,nn,vn.h y :, ~. W. Sos're ,ha s.niS Javn M Inc month follow
IN" H., in which any ,iiyIIcnis ar sunIs OF none
hhcco,nc due ar nsrabic as Aforesaid. a true aud com
nicte rstnTn m such form "A Inc Commissioned q
Internal Revenue may prescribe. OF the amount Q
there shall be annexed thereto d declaration OF I'll,
president. cashier, or treasurer OF the corporation
under oath. that the a contains a true and com
a. sforeuId. And for any default In the making 0
rrnJcring OF such return, with such declaration an
ncnsIiy Inc ann OF onu thousand dollars; and II
case OF anv default in making or rendering said re-
iurn. or Of any default IN the payment Of the tax u
reouircd. or OF any part thereof, tina assessment an,
collection OF tho tax and penalty shall be IN accori
ance with the general provisions OF law In other case,
0 fncglect and refusal.
Src. Il. Aud D, Il further SndeIed, That sections
one hundred anL twenty, one hundred aud twenty,
one. one hundred and twenty-five, aud one hundred
and twcnty.lhrcc or the net OF June thirty, eighteen
hnndrsd and sixty.iour. entitled Al act 10 provide
internal revenue 10 SUPPORT the government, TO paw
interest on the public debt, aud for other purposes"
m amended by the act OF July thirteen, eighteen
bundled and sISty-sIr, and the nct or March two,
nIghtser hundred and siSty.seven. shall be construed