Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-16

LAWS OF THB UNIFIED STATES.

arising from nres, noods, snlpMIeck, y. insu,Isu .h
Guiding all estlmatef depreciation OF Vaiues; tne
amount Of Interest paid during the year. anu
ire amount paid Tor rent or iao osb. 70 s ss.
meas nom which income is derived; the amount
paid for the rent OF the house or premises oeeupisu
as . residence for himself or nv iamns, Hru M
de IuctIon shall be made for any amount palu out ioI
new buildings. permanent improvements. OF os.sel.
ments made 10 increase the value OF any property Ut
Sc. 10. And BE- Il further enacted, That tho tax
herelnbeCore provided shall be assessed upon tne
s e, ,Si RsSLs1: az. as1 o aGf psesm ,St me next sg presiding esiins the
time for levyIng and collecting said tax, anu snAI
be levied on the nrst day OF March, elSeteen hundlea
and seventy-one and elshteen hundred aha , ,sS !,
day OF April in each Of said years. And 10 sddihon
~ any sum annually dus and unpaid after we INT
s.m, Day ,S q ADFil; t tSs &a iST s1 si tns S.i .s. Ips sc levied
and collected, as q penalty, the sum oltve per CEN,
um on the amount unpaid, and Interest on sag
sgTu n. time The same Became due. except from the
ssistaa OF decrased, insane, or i~usolvent persons;
SEC. II. And b. IL yRthr enacted, That u snam
Sross income during the preceding year exeee led
two thousand dollars, to make and renIet = le.IIn
on or before the day designated ~ hw. 70 Lhs 1 ~ ~
gross amount OF his income, gains, and ,pronts as
sioresaid; but not including the amount IsceiSed
fr6m any cooperation whose oinSs, H. = ccn,um Of tSe
dividends made and OF the Interest on eoSpons pau
by such corporation, nor that portion OF the salaly or
pay receive !. FOR :s :, ". i- NJ uSs s s.st, " or as senator.
representative, or delegate 10 Consresl mTn, mn,Sn
tax has been deducted nor the wages Of mlnoI eniIo'
rem not receivti; and every GUARDIAN anu sr,,rs
In any other nducIary capacity; Or as Lssiacht asems
Tor, or c~opartner or any nonresident Allen, deriving
tSe nTass! sI5n' :. sna Ps On IL H., aS' raI i States. Or fSSm;
rents or real estate situated therein. snsu ihane an
render q return as aforesaid TO te assistant sssessoI
income. gains and prohts o fanny minor or person ,r
whom he acts. The assistant assessor shall require
every such return 10 b. verified by me oath OF ths
party rendering IL, and may Increase the amount Ol
any return, after notice " such party. " he mas
reason 10 believe that the same Ia unierstated. ~
case any person having 4 gross Income a. ABOVE, OF
TWO thoussnd dollars or more, shall neglect or refuse
10 MAKE and Iehler such return. or shall render a
Ialse or fraudulent return, the assessor orthe a sl,tant
assessor .nsIImaxe o sSeh 'e sH n. s sxsTInsiiSn oissid
person, or OF hi. bpofs or accounts, or by any otnet
evidence and shalt add, as . penalty, to the amount
OF willful neRIeci 0. refusal ~ make and render q To-
! turn, and one hundred per centum In all cases nI q
false or fraudulent return having been rendered; Inc
Tar and the addition thereto as penalty SHAH be as
,cssei and collected In the niahner provided for IN
cascs or wIllful neglect or refusal u render . return.
or II rendering a false or i,suIuIent rstnpn' ~ Su srr no
NEGLECT or refusal, or for making or rendering q Iaisc
or 1raudulen; return, except after reasonable notlSe
c 3 If = 9" Of InsernI Revenue, so as to give III
Derson charged al opportunity 20 De heald; ITO.
gided. Tnat no eollectof,depuiy COLLECTOR assessor, %
assistant assessor shall PERM. 10 n pe n PTo mari thereoi.
| except sueh general statistics, mol speciIyns "
names Of individuals or iirins, as heniay MAKE puolc
under such rules and reputation as tue |oinnils'''h'
sr OF Internal Revenue shall prescri6e.
SIC, II, And be 10 further enacted. That wnen inc
return Of any person Is ineIeaseI " Y. 'n Sn ass,S mi S-
counts and be permitted TO prove anu declare, unusr
oath, the amount Of Income liable 10 be assessed;
but such oath and evidence shall mol 1e eonS'usins
Of the facts, and no deductions claimed In such cases
shall De allowed until approved BY tue asslstanh ~,
sessor. Any person may appeal rom the DECISION
ofthe assistant assessor. ~ snfo CO., ~ n,IesS 70.
versed by the Commissioner or Internal Revenue.
shall be Inal. The form, time, ana manner o. pc,
scTISed Gy The com%lssioncr Of internal Revenue.
SIC. is. And BE- Il further enacted, That any per-
son, In his own behalf, or as such ndnelnry' or agent
shall be permitted 10 declare, under oath, tnat ne
or his ward. beneficiary, or principal, was not pos
sesScd Of an Income OF two Thousand dollars. liable
to be assessed according TO the proyislons o. u ; ae.j
or NAV declare that an income TAX mas Dcch useessen
and paid elsewhere In the same year, under aulhorl,
~ Ofthe United States, upon bis income, gains, aug
pronts. or those Of his ward, esnsaslS!y, o. pIsn
Shall be satisfied OF the truth Of the declaration. such
person shall thcreupon be exempt .om Income lax
IN s !ae I ID. And Gs q further enacted. That consul.
or foreign governments who are no. cltfens oI tnc
United State shali be exempt from any inconlc tak
imposed BY this act which may bederiyei from thelr
e e1lIiTsr PSoridsd, That the governments which
such son:uls MAJ represent ~ CSC TS snS1 s sn.esl NH"
SIC, Is, And Be il further eHdeted.. That thete
SHAH be levied ana collected for and duriny the year
onehaIf Der centum on the amount OF all Interest or
coupons paid on bonds or other evidences OF Ieol -.
sued and payable In one or more years after date, oy
any OF The corporations N tnn sec.Yh d, rstS,as 81
earnings, income, o. gains hereafter reclAreI, oy M
bank, lust company. savings institution, lntuLanse
company: r.ilio. company, s ea, ea,n SompI SSt s IaeE.
water company, whenever and wherever ne same
shall DO payable. and tn Whatsoever person the sanie
may Be due, ~includins non"resiients. whether GU.
IeIIi or aliens, and on all undivided prod = or any
such corporation, which have accrued and been
earned and added TO any surplus, eonanSeIt OF 9tner
tax as aforesaid. Is hereby authorized " deduct anL
Withhold from any payment on account OF Interest,
coupons. and dividends an amount eqnalto tne YAK
Of and One-half per ccntun on the same and
the payment to the United States. as provided by
law OF the amount Of tax 30 deducted from tho In
shsne inc corpporslion from any liability. Or tina.
amount olIaid~ Interest. coupons. or diviiend claimed
. hue 70 any ,[ psT nTo y, ssss ePse n = Sa'f sy annex W. exp 1s.a
contract: Presided, That the tax upon the d%iyltenls
ofInsurancc companies shal. not be deemed due I'M
I'll such dividends are payable, either 10 money or
Otherwise; and that the money returned BY mutual
Insurance companies TO their policy.h6lderS, and the
annual or seItl-annual Interest allowed Of paid T.
the dcpositors In savings banks or savings insiitu.
lions, shall not be considered as dividends, and that
when any dividend Is made or Interest US Aforesaid
Is paid, which includes any part OF the surplus or
assessed and the TAX paid thereon. or which Include.
any part OF the dividends. interest or coupons re-
ceivcd from other corporations whose oficers Alcau-
thoHIcd 6y law 10 withhold u per cen,um on the
same, the amount OF tax 50 paid on that portion Of
the surplus or contingent funi, and tho amount Of
tax which has been withheld ani paid on dividends,
| intpfqkt. or commons 40 received. may be QeuuCked
from the tax on such dividend or Interest.
SEC. IL. Andb b. il further ,naettd, Thatevery per
son having the care or management OF any corpora
lion Liable to be taxed under the Inst preceding sec
lion, shall make and render TO the assessor or assist
ant aI,eSlo' Of the district IN which suen person MAJ
alton. on or before the trnth hayo the month follow
lug that In which any dividends or sums Of money
become due or payable as Aforesaid, a true ana com
pletc return, IN such form a. the Comm Ssloner d
lL.ernal Revenue MAY prescribe, OF the amount o.
Incoms AMI prohts and Of taxes a. afdrcsaid; and
there shall be annexed thereto u Declaration OF thS
under oath. that the same contains \ true and com
plete account OF the income and PROFITS and Of take
as aforesaid. And for any default Ia the making vi
CnfeIns OF such return, with such declaration an
ncxed, the corporation 90 In default ahall forfeit, As Q
penalty, the sun OF one thousand dollars; and In
case OF Any default In making or rendering said re-
urn, or Of any default in the pnymento OF The tax a.
required. or Of any part thereof, the assessment and
collection Of the tax and penalty shall DO IN accord
ance vita the general provisions ofiaw In other cA'e'
SIC. II. Aad % Il further enacted. That sections
one hundred and twenty. one hundred and twenty.
one. ono hundred and TWENTY-FIVE. AMI one hundred
and t~wcnty.,h co OF the act o. June thirty. eighteen
hundred and alxty-four. cntltled An Aetto provide
Intei nal revenue TO support the government, to paw
Interest on the public debt. and for other purposes"
as amended by the Nct OF July thirteen, eighteen
hundred and ~tix,y.six; and the at Of MarSh two,
eighteen hundred and sixiy-sevon.s shall b. construed
10 Impose the taxes therein mentioned TO the hr1t
day OF Ausust, eighteen hundred AMI seventy, but
aftsr that date 20 farther taxes shall be levied o. ~.
sessed under sail sections; and all acts and parts Of
all the provisions Of said acts. shall continue IN null
force for levyins ana collecting al taxes properly as
sess.d or liAble 20 be assessed, or Accrulng under the
provisions Of former acts, or drawbacks. the right TO
accrue under said scts. antfor maintaining and con.
tlnuinx liens, fties. penalties, and forfeitures incurred
under an BY virtue thereof And this act shall not
be constructs affect any act done, right accrued, or
pansly incurred under former acts, but every such
right Is hereby sarod; And for carrying out and
completing all proceedings which have been already
commenced or that may be commenced 10 enforce
such hnss, psnAllieA and fo!ielturss. or criminal pro.
ceedings under said acte, and for the parliament OF
erimrsof which any party shall be or has heen found
guilty. .
SEC. "a, AID be iiJvther snoeisd, That the Pres.
fent 10 hereby authorized 10 annex 10. and unite
with each other, two or more ~alIoiulng collection
districts. whenever 10 his opinion II will reduce the
expenses OF collecting the internal revenue. without
upon shall retain but one collector an one Assessor
for such en- lrged district. And the President Il also
Authorised 10 consolidate In like manner, at his dis.
eietion. any two or more Adjoining supervisors dts
uict'. AND 70 retain or appoint one supervisor for
SEQ ~ Andbs q further s,aet.d. That rs som
a. Practicable after the passage OF this act the mum.
Der OF assistant aisttsors employed shall he pernIa-
nently reduced by the discharge OF all ofieers Of that