Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-22
LAWS OF THE UNITED STATES.

n.y. aI.I ms frnn, arss goods ~shinwTeck or Incurred In
trade. and debts ascertained to be worthless, Du' /.
Guiding all estimated depreciation o. 'nIars' AMI ~
Tie amount paid for rent or LABOR 70 , Ss.
tivate land. or to conduct any other ouS n,
ness nom which income Is derived: Ine ainU ntn
paid for the rent or the house or premises occupuS.
as a residence for himself or his family, anu ~
amount paid out for usual and ordinrir repairs: ~
deduction shall be made for any amour, pau w Hct,sr.
ments made TO Increase the value OF any p'"pefs"
estate,
hcreinbeforc provided shah 10 assessed upon the
gains, profits, and income for the rear endlns on
the thIrty-drs day Of December next precedlng tne
be levied on the frst day OF March, ~eigetecn hundred
and sevcnty-one and eighteen hundred and seventy
two.a and be due and payable on or b~efore,the thiIi.etn
day Of April In each Of said years. And IN nduinTn
u any sum annually due aud unpaid aftcr the thlr,
tieth day OF April, and for ten days after notice ah1
demand there0fby the collector. there shall DC IcSse
and collected, rs a penalty. the sun. OF nve per GEM,
UNI on the amount unpaid, and Interest on saiI
amount at the rate Of one per ecntuln pr montn
from The e. time nre.ttns same 1n!, became an In SSs; cSGG peIs .oD@ 'A'
SEC. II. Aad BE- IL further enacted. That snan
be the duty Of every person or lawful age. whose
gros: income during the ptserdIng ysa, e ! pssnTn
on or before the day designated Dy LAW, 70 ,he Asssp.
ant assessor Of the district In which he RESIDES W Tue
gross amount Of his income, gains. AMI pfonts as
Aforesaid: hut not including the amount received
from any corporation whose officers, as aulhoIiasu
by law, withhold and pay as taScsa per eenInmo, q
dividends made and OF the Interest on COUPONS pail
BY such corporation. nor that portion OF NE SALARY o.
pay received, for services In the civil, military. naval
or other service OF the United states, or a. senhtoi,
representative, or delegate IN Congress, rom Whlen
tax has been deducted, nor the wages OF minor cnlu-
rem not received; and every guardian ana uustee,
executor or administrator. and any pcIson aesnrs
In any other ndncIary capacity; orasn resident nssnt
for, or copartner OF, any NONRESIDENT alien, denSl,s
Income. gains. and profits from any business, tfn,e,
ranfu nj raal aafata siffateu tllprplu. SNAIL Hlnkt III
render a return a. aforesaid TO the assistant assessor
OF the district in which he resides or the amount OF
,nSoT,e IL gains acis AM Tb pso ossistant assessor shall require
every such return 10 be verified by the oath OF 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 unidentified. IN
case any person having u gross income as aooSe. W
two thousand dollars or more, shall neglect VI iSIuSe
to make and render such return, or shall renucr q
false or fraudulent return. the Assessoro or the assistant
assessor shall make such return, according 20 the Dest
| InfOrmationhe can obtain by the examination Ofsalu
ncrson' or OF his books or accounts, or by any other
evidence, and shall add, as u penalty, 10 Tue nhlouns
Of the tax due thereon, my per cchtuln III AZ eases
Of wIllnil neglect D. refusal 10 make anu rehuer q tt-
turn. and one hundred per centunl In all cases nl q
false or fraudulent return hAring been rendered; Inc
tax and the addition thereto IN penalty snali DC ny
sessed and collected In the manner pr0ylded LOT III
cases OF wiilful neglect or refusal TO render a return.
ar N rendering a false or fraudulent return. Dht no
penalty DsnSl. 81 shall lnf Ss Sss or FOR making maxim or %rrcndering a false
| or fraudulent return, except after reasonaplc notlSs
ofthe time and place oihearing, TO be reSuI.ted Oy ~, m
Commissioner OF InternS Revenue, SO a. 10 give thc
Hcrs%n charged an oppOrtu nifty TO be heard: Pro-
rided, That no cOllectOr,d deputy collector assessor, OF
assistant assessor shall permit TO be publlshea ~ any
manner such income returns, or any part thereof
except such general statistics, not specifying tne
names Of indIvIdualso Or firms. as be may make pubic
under such rules and regulations as tlie Somni'ssioh
pr OF Internal Revenue shall prescribe:
SIC. II. And b. il further 'Hdcted. That when ,ne
return OF any person Is Increased ~ the assistant ns.
SCISSOR. such person may exlllDt his 9con as anu nnSSr
oath, the amount OF income liable 70 DC nSssssu,
hui such oath and evidence shall not be conclusive
ofthc facts, and no deductions claimed In such cases
shall be allowed until approved ~ The assistant az
SCISSOR. Any person may appel rom tiS deelsIon
| OF the assistant assessor. In such cases, 10 the assess
or or the district, and his decision thereon, nhiessie-
versed By the Commissioner Of Internal Revenue,
shall be inal. The form. time. and nannero. pro-
c~ecdlngs, shnll be subject TO re;niatiohs ~ oe pse'
scribed By the Commissioner Of Internal leSehuc.
SIC. Is. Had be IL further Enacted, That any per-
son, In his own behalf. or IN such %iiduclary or agent
shall be permitted. to declare, under oath, thAt me-
| scsSed OF an income 0f two thousand dollars. liable
to be assessed according 10 tue provisions OF thls acl;
or may declare that an Income tax has Desn aSSrSSca
and paid elsewhere In the same year, under autholi,
Is Ofthc United States, upon his Income, gains, anu
profits, or those Of his ward, beneficiary. or lrlhcl-
paI as required By law: and n the assistant assessor
Shall be satisfied OF the truth OF the declaration, such
person shall thereupOn b. exempt rom lheohe 'aA
In the said district. ,,
SEc, IA. Aud be Il further enacted, That coIsuls
Of foreign governments who are not citizens OF ".
United States shall be exempt rom ehy lncon'" 'aN
imposed by this act which NAV be derive nom .lcns
OFFICIAL cmOluments, or frn,t prort'ty IN iOlcisn
countrirs: Pr0r;ded, That t.g governments WHICH
such cOnsuls may represent shall extend similar eS'
cDIutlon 10 consnls 6f the United States.
Src. is. Ind be Il further enacted. That there
shall be levied and collected for and during the yeai
eighteen hundred aud sevcnty-0ne tax oi tMoa hI
onc-half per ccntum on the amount OF all in'crest o'
coupons paid OH bonds or other evidences Of debt Is
sued and payable IN one or more year, after date. .!
any OF the corporations IN THIS section hcrcIuh''ei
enumerated. and OIL the amount OF all DIVIDENDS %
earnings, income, or gains hereafter declared, D! any
bank, trust company, savings Institutions: Insurance
company. railroad company, canal eoihpanSi , ,uIr
pike company, canal navigation company, aili SLACK
water company, whenever aud wherever the sanit
shall be payable, and TO whatsoever person the same
zens or aliens, and on sl undivided profits OF any
such corporation, which have accrued anu Deer
earned and added to any surplus. contingent or 3thel
tax MS aforesaid, Il hereby authorized TO deduct and
withhold from any payment on account OF Interest
coupons, and dividends an amount equPlto the tax
OF two and one-half per csntllm on the sanle; and
the payment TO the United States, as provided by
law, 0f the amount Of tax 40 deducted from the In
terest, coupons, and dividends aforesaid. snail Gus.
charge the corporation from any liability Tor that
amount olsaid% Interest, coupons. or DIVIDENDS, claimed
a. due to any person, except In cases where SAID
contract: IrOrided. That tho tax upon the dividends
ofinsurance companies shall not be deemed due I'M
Ill such dividends are payable, either - money or
otherwise: aud that the money returned by mutual
Insurance companies TO their policy.t older, and the
annual or scmi-annual interest allowed or pald "
the depoSltors In savings banks or savings lnslitu.
lions, shall not be considered US dividends, and that
when any dividend Il made or Interest as aforesaid
Is paid. which includes any part OF the surplus or
contingent lI nj Of any s ro igsIsdn o. % TSisS h lns, SSSs
any part OF the dividend. Interest or coupons re-
ceivet from other corporations whose on1cers arenu'
thorizcd b. law TO withhold a per celtuni on INC
same, the amount OF tax NO paid OH that portion o
the surplus or contingent fund, and tile amount ol
tax which has been withheld and paid OH dividends
InNnroat nv "a u n rafGlNRd may hn ulNinFtPt
from the tax on such dividend or Interest.
SEC. 10. lndLe il further Enacted, Thatevery per
son having the care or management OF any corpora
ton liable 10 be- taxed under the last preceding sec
lion. shall make and render TO the Assessor or assist
ant assessor ofthe district In which such person hH'
alton, on or or before the tenth day Of the month follow
Ing that In which any dlyi,Snds or sums OF none!
become due or payable AS Aforesaid, a true and COM
plcte return. IN such form as the commissioning o. o
Income and profits and OF taxes ~ aforesaid: anl
there shall be annexed thereto = declaration or the
president, cashier, or treasurer OF the corporation
under oath: that the same contains u true and COM
plete account Of the income and profits and Of taxes
as Aforesaid. And for any default IN the making or
rendering OF such return, with such declaration an
ncXcd. the corporations 30 IN default shall forfeit, ~ q
penalty, the sum OF ono thousand dollars: aud IN
case OF any default In making or rendering said re-
turn, or Of any default In the paymen. OF the tax az
required. or Of any part thereof, tho assessment and
collection OF the tax and penalty shall be ln accord
ancc with the general provisions OF law IN other cases
SEC, II, And be IL further enacted. That sections
one hundred and twenty. one hundred anu twenty:
one. One hundred and twenty-five, nnd one hniuren
and twenty-three OF the act OF June thirty. eighteen
hundred and sixty.fsiir. entitled An act 70 provlle
Internal revenue to support the government, TO pay
Interest on the public debt, and for other purposes
as amended by the act OF July thirteen, eighteen
hundred and S~ixty-six. and the act OF March two,
eighteen hundred and siXty-seyen. shall be construed
10 Impose the taxes therein mentioned TO tho iirst
day OF August, eighteen hundred aud seventy, but
after that date no further taxes HflAll be levied or a.
unSsai nnIar salI Eartinns. and nil acts And marta of
acts relating to the taxes herein repealed, and that
ali the provisions OF said acts, shall continue In full
force for levylng and collecting all taxes properly u.s.
sexscd or liable TO be assessed, or accruing under tho
provisions OF former acts. or drawbacks. tile right 10
which has already accrued or which may hereafter
accrue under said acts, andfor maintaining and con.
tlnuinK liens, fines, penalties. anu foneitNlrcs incnrrcd
under and BY virtue thereof. And this act shall not
be construed to affect any act done, right accrued: Or
right Is hereby saved. And for carrying out and
completing al proceedings which have been already
commenced or that may he commenced 10 enforce
Suoh hnes, penalties, and forelturcs, or crminAl pro-
~ccedings under said acts, and ior the punishment OF
crimes OF which any party shall be or has been found
sEc. IL. And b. 70 further maeied, That the Pres
ldcnt is hereby authorized to annex 70. and unite
with each other, two or more adjoining collection
expenses Of collecting the internal revenue, without
Impairing the efficiency OF the service and there
upon shall retain but one collector ami one assessor
for such enlarged district. And tho President u also
authorized TO consolidate IN like manner, at his dis
c,etIon, any Two or more ayolnIn. supervisors dis
tricts, and TO retain or appoint ono supervisor Tor
such consolidated district. .E- L 40.
SIC. 10. And b u further enacted, That as soon
as practicable amer the passage or thisast me mum
nently reduced by the discharge ~ all oficcrs o. that
class who are nssigned specially 20 the assessment or