Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-20
LAWS OF THE UNITED STATES.

trade, and debts asccrtAlned TO be worthless, but oN-
slaSlnS OF 81 e I1iS1sst ps SspFs Sanins III, 4, v ysar. and md
tivate land, or TO conduct any other bus.
ness from which Income Is derived; the anlount
paid for the rent Of the house or premises occupied
Is a residence for himself or his family, ana NJ
amount paid out for usual and ordinary repairs. W
deduction shall be made for any anlouLt p.sa Sat ss
ments made TO Increase the valueo Of any propeft! VI
estate.
hercinbcforc provided shall &c assessed upon the
gains, profits, and Income for the year ending on
the thirty-nnt day OF December next preceding inc
y for levying and collecting said iax. ana ma,
and seventy-one and eighteen hundred and seventy
two. and be due and payable on or bcioretthe thlI,isth
day OF April IN each OF said years. And In addition
10 any sum annually due and unpaid nGtcr the thir.
tleth day Of April, and for ten days alter NOTICE ana
demand thereofby the collector, there shall ic levied
and collected. as u penalty, the sum OF nve per crni,
UNI on the amount unpaid, AMI interest on said
amount nj the rate OF one per centum per month
FROM the time the SAME became due, except iom inc
estates Of deceased, insane, or ~lnsolvent persons:
SIC. II. Aad BE- it further enacted. That II sham
be.the duty Of every person OF wful aye, whose
gross Income during the preceding year excceied
two thousand dollars. TO make and render q return
on or before the day designated by law, TO the assist
ant assessor OF the district In which he resides 81 the
gross amount Of his Income, gains, ana pronts as
aforesaid; but not including the amount iecelNci
fr6in any corporation Whose officers. as authorized
by law. withhold and pay "a taNcsa per Genuine OF Tue
dividends made and Oi the interest on coupons nall
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 ~ senator.
representative, or delegate In Congress. from which
tax has been deducted, nor the WAGES OF l',inor ciu'l-
rem not received: and every Guardian ana trustee,
executor or administrator. anl any person acting
In any other fiduciary capacity; or ASA resident agent
for, or cOpartncr Of, any nonresident neil, deriving
Income, gains, and profits rom any business, trade,
or profession carried on In the United States, or from
rents Of real estate situated therein, shLil make AMI
rpfidaF "A FpfuYn M afDraaail To the assistant n s'SsDr
OF the district In which lie resides or the amount OF
income, gains and profits Of any minor or person. ioI
| whom he aAts. The assistant assessor shall require
every such return 10 BE- verified by the oath Of the
party rendering Il, and may Increase the amount Of
any return. AFTER notice to such party. u ne mas
reason to believe that the same Is unierstAtcd. IN
| case any person having d gross Income u above, Of
two thousand dollars or more, shall neglect or refuse
to make and render such return. or shall render a
false or fraudulent return, the assessor 81 the assistant
ASSESSOR shall make such return, according 10 the best
| information he can obtain by the examination oisald
person. or OF his books or accounts, or by any othei
evidence, and shall add, rs u penalty. TO the amount
ofthc tax due thereon, my per centum In all cases
| OF wIlnII neglect o. refusal to make and render u re-
turn. and one hundred per eenlnln ~ al cas1S ~ q
tax and the addition thereto ~ penalty shali DC as
sessed and collected In the manner provided loI lh
| cases OF willful neglect or refusal TO render n return,
or N rendering a false or fraudulent return. But no
| penalty shall be assessed upon any person lor kucn
neglect or refusal. or for making or rcnIctihs a Iass
on fraudulent return, except after reasonable noiiCt
| ofthp time and place GfhcAring. TO he regulated by M
| Conmlssioner OF Internsl Revenue. no us to gi'e th'
person charged an opportu nifty To be heard; FRO
ssideJ' That no collector deputy collector, assessor, o.
/ assistant assessor shall permit TO be p~Nb!lshed III any
manner such income returns, or any part thVrcoi
4 cxccpt such general statistics, not specifying u,
names OF Individuals or firms. as he may make pubh'
under such rules aud regulations ~ the Commission
or OF Internal Revenue shall prescribe.
SEc. IL. and be Il further endcted. Thht wncn W.
return or any perSOn Is increased by the ~nssiStai,t as
SCISSOR, such person may exhibit Ills books anu &c
counts and he permitted to prove and declare. unto
a..t. .In R,nV at lt1entua. Iuhla TN lp .lsSsFslIi
but such oath and evidence shall not b. conclusive
OF the facts, and no deductions claimed In such casc'
shall BE- allowed until approved by the assistant as
sessor. Any person. may appeal nom the decision
or the assistant assessor, in such cases. TO the assess
or or the district, and his decision thereon, unless re-
versed by the Commissioner OF Internal Revenue
shall be fnal. The form. time aud mannero OF pro-
ceclInss, shall be subject TO regulations 10 lE' pre-
scrlbed by the Commissioner OF Internal Rcrcnne.
SIC. IL. And be II further enacted. That amy per
son, In his own behalf, or rs such ilduciaTy or agent,
shall be permitted to declare, under oath, that he
sesscI Of an Income OF two thousand dollars, liable
to be assessed according TO the provisions Of thls act;
| Or MAY declare that all Income tax has been assessor
and paid elsewhere In tile same year, under autiOrl'
| ~ Oithc United States, upon his Income, galiiS, anu
| profits, or those Of his ward, beneficiary. or princi'
pal, as required BY law; AMI u The assistant assessor
| shall be satisfied OF the truth N the declaration, sucI
person shall thereupOn be exempt from Income tax
In the said district.
SIC. II. And be IL further sIaeted. That consult
| Of foreign governments who are not citizens OF tht
United States shall be exempt from any Income taH
| Imposed BY this act which may be derived from tllcii
S SiaS1sI emG p9orid@d. That r. "T the P ppSefnf %hici
| such cUnsuls mas represent shall extend similar cS
| emptIon 10 consnls Of tho United States. -
SIC. Is. And be IL further endcted,. That thct'
shall br levied and collected for and during the yeal
eighteen hundred and seventy-onc tax ot TWO an,
One-half per centum on the amount OF all Interest o.
coupons paid on bonds or other evidences VI debt j.
sued and payAble In Oin or more years aitcr date, b!
any Of the corporations In this section hereinafter
enumerated. AMI OH the amount OF all d~lSllcnis o
..En. IarA naE TNuEl Tl nv III
bank, trust company. savings Institution. INSURANCE
company, railroad company. canal company, iurn
pike company. canal navigation company, ailis'ack
wafer company. Whenever aud wherever the SANE
shall he PAYABLE, aud to Whatsoever person the sam,
may be due, Including non.reslicnts. whether Gill
Eens OF aliens, and on all undivided profits OF an,
such CORPORATION, which have accrued AMI beer
earned and added to any surplus. contingent or othcl
fund, and every such corporation having paid III,
tax rs aforesaid. Is hereby authorized 70 deduct am
withhold from any payment on account oil interest
coupons, and dividends an amount equal To the LAY
oftwO and Onehalf per centnm on the same; and
the payment to the United States. Us provided b,
terest, coupons, and dividends aforesaid, shall dis
charge the corporation nom any liability Tor thai
amount ofsaid Interest, coupons. or divlietds% .clIiilcG
as due 10 my person, except In cases wlcrc said
corporations have provided otherwise by all express
contract: Irorided, That the tax upon the dividends
reinsurance companies shall not bc deemed due un'
III such dividends are payable. either ~ money OF
otherwise; AMI that the money returned by mutual
Insurance companies to Their l'Olicy.iolicrs. ali tnS
the dcpositors In savings banks or savings illrtitn'
lions, shall not be considered Us dividends, and that
when any dividend Is made or Interest ~ aforesaid
IL paid, which Includes any part OF the surplus OF
contingent fund OF any corporation which has been
assrssed and the tax paid thereon, or which includes
any part Of the dividends, interest or coupons re
ceiyed from other corporations whose officers atchu
thOTi7ed By law 10 withhold n per centurl on I'll,
SANE, the amount OF tax so paid on that portion o
the surplus or contingent fund, and the amount o
tax which has been withheld and paid Oh DIVIDENDS
interest, or coupons so received, may b Jciuctct
nom the tax on such dlvlioii or Interest.
SIC. II. tad be 10 further enacted, Thatcvcry per
son having The care or management Of any corpora
ton liable TO be Taxed under the last preceding sec
lion, shall make AMI render to the assessor Or assist
ant assessor OF the district In which stich person ha
his ONCE for conducting the BUSINESS OF such corpOr
alton. on or before the tenth dayo OF the month follow
Ing that In which any dividends or sums OF none.
become due or payable as Aforesaid, a true AMI com
pletc return, In such form rs the Commissioner q
Internal Revenue may prescribe. OF the amount 0
income and profits and OF taxes rs aforesaid; an
there shall be annexed thereto o declaration OF tEi
president, cashier, or treasurer OF the corporation
under oath. that the sanie contains q true and CON
plrte account OF the income and profits AMI Of take
as aforesaid. And for any default In the making y
rendering Of such return. with such declaration an
neXed. the corporations 10 In defaui shall forfeit. rs
penalty. the sum Of ono thousand dollars: and u
turn, or Of any default In the payment nf the tax a
required, or OF any part thereof. tha asa ,n'ti'i ~,
collection Of the tax nnd penalty shall b. II accord
ancc with the general provision. oflaw In other caS
SIC. il. Aad be Il further enacted. That section
one hundred and twenty, one hundred and twenty,
one. one hundred and twenty.two. and one hundnt-
and twenty-thrcc of the act OF June thirty. ciGhtGrn
hundred and sixty-iOur, entitled AM act tn provide
Internal revenue TO support the government, 10 pa.
Interest on the public debt, and for other purposes.
ns amended. by the act OF July thirteen; eighteen
hundred and ~slxty-slx. and the act OF March two:
eighteen hundred and sixty-seyen, shall be construed
10 Impose tho taxes therein mentioned TO the frst
day OF August, eighteen hundred and seventy, but
after that date no further taxes shall be levied or as.
scssed under nIi sections; and oil acts and PARTS Of
acts relating 10 the taxes herein repealed. AMI that
all the provisions VI said ects. IhalI continue IN null
force for leyying and collecting all taxes properly a.
sessed or liable to be assessed. or accruinH under tine
| provisions OF former acts. or drawbacks. the right 10
which has already accrued Or which may hereafter
| accrue under said acts, and for maintaining and con.
tInuing liens, fines. penalties. and fOrfeitnres Incurred
under and by virtue thereof And this act shall not
be construedto affect any act done, right accrued. or
right Is hereby saved. Aud for carrying out and
completing all PROCEEDINGS which have been already
commenced or thnt may he commenced TO enforce
such lnca, penalties, and furfclttires or criminal pro-
cccdings under said acts, and fur the punishment Of
crimes Of which any party shall be or has heen found
SIC. IA, And be u Nrlher enacted, That the Pres
Ident Is hereby authorized to annex to. AMI unite
with each other. two or moro adjoining collection
districts, whenever In his opinion II will reduce the
expenses OF collecting the Internal pvcnuc. without
lmpairing. the efficiency Of the service. and there
upon shall retain but one collector and one assessor
for such enlarged district. Aud tho President Is alsO
authorized 10 consolidate In like manner. at his dis
cictlon. any two or more ~atJolning supervisors DIS.
trlcts, and 20 retain or appoint one supervisor for
SIC. ". And Be u further enacted. That as sosn
a. practicable after the passage OF this act the mum.
Der OF assistant Asscssors employed shall be perma-
nently reduced by the discharge or ali dfficers 6f that
alaEN ~hn ara aQRIRnah GRanl lila. a n Ia.