Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-27
LAWS OF THE UNITED STATES.

amount OF interest paid during the year. ana
re amount PAID lot rent % INV tAV Other busi,
ness nom which income IL derived; the amount
paid for the rent OF the house or premises oecapisa
=, 2 rs,idMee iSr nfnse1i ~ Of o nh rsnairs Ma
deduction shall DO made for any amount paid ouL iot
new buildings, permanent improvements or better.
ments mado to increase the value OF any properly OF
estate. on ..i.. HH
SIC. 10. And b. Il further Enacted. That the tax
hereinbefore provided shall DO assessed upon tne
gains. profits, and income for the year ending on
the thirty-nrst day Of December next preceding the
time for leyying and collecting said tax, and shali
be levied on the nrst day OF March. eigeteen hundred
and seyenty-one and eighteen hundred and seventy
two. and be due and payable on or before, the THIRTEEN
day OF April In each OF said years. And In addition
to any sum annually due and unpaid AFTER the tnlr.
tieth day Of April, and for ten days ater notice and
demand thereofby the collector. there shall be LEVIED
and collected. a. . penalty, the sum Of nye per oent;
um on the amount unpaid, and interest on said
from he time The same became due, Except from ths
estates OF deceased, insane, or insolventp persons; =,
SEC. II. And BE- u further enacted, That It shall
Be the duty Of every pc person OI.c o. J ,aS, Hs, 1se; ,e ~sUss
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 he refldes Or the
gross amount Of his income, gains, and pronts as
aforesaid; but not including the amount received
from any corporation whose oncsrs, as authoriIed
By law. withhold and pay astaxesa per sSntum Q, the
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;
tax has been deducted, nor the wages OF minor child
rem not received: and every guardian and trustee,
executor or administrator. and any person acting
In any other fduciary capacity; or asA resident agent
for. or copArtner or any nonresident allen, derylnH
Income, gains, and profits from any business, trade,
or profession carried on in tho United States. or from
rents OF real estate situated therein, shall make ana
render q return AZ aforesaid TO the assistant assessor
or the district In which he resides OF the amount or
whom be scts, The assistant assessor shall require
every such return to be verified by the oath OF the
| party rendering II. and may Increase the amount OF
any return, after notice to such party, II ne has
reason 10 believe that the same is understatsd. In
case any person having a gross Income a. ABOVE, OF
two thousand dollars or more, shall neGleSt OF leIusc
to make and render such return, or shall render a
false or fraudulent return, the assessor or the assistant
assessor shan make such return, according 10 the pest
Information he can obtain by the examination oI saIa
| person, or OF his books or accounts. or by any otncI
evidence, and shall add. as . penalty, TO the amount
Of the tax due thereon, my per centunl In all cases
Of w1llfui neglect o; refusal 70 MAX ana y i, uer ross. 81 4
false or fraudulent return haying been rendered. Inc
tax and the addition thereto rs penalty shall De as
| sessed and collected In the manner provldcd lot III
cases OF wIllful neglect or refusal 70 render q reiurn.
or n rendering o false or fraudulent return. but no
penalty shall be assessed upon an! person ', !, %,,xa
neglect or refusal, or for making or rendering q inise
or fraudulent return, except alter reasonable hotise
ofthe time and place ofheAnng, to De reguiateID y w
Commissioner Of lnternl itsSsnue, 70 10 ~ hs 20 Sa.e Prov smc
prSidsJ That no eoIIectSr deputy collector, assessor. or
a~sslstant Assessor shall permit to be publlshed ia any
eIeept such general Statistics. not specifying the
names OF individuals or = as he may MAKE Puolc
under such rules and regulations as sne eomh'i's'on
er OF internal Revenue shall prescrioc:,
Src, IL. And BE- IL further enacted. That when inc
return OF any person IL increased by the assistant as
SCISSOR. such person may exhibit ms Socks anu nnisr
oath, the amount OF income liable 10 be assessed;
but such oath and evidence shall not DC eonSmsirs
on the facts. aud no deductions claimed In such cases
shsil be allowed until approved by the assistant as
sessor. Any person may appeal rom tne aecson
ofthe assistant assessor. in such cases, 70 the assess
OF S.S Of the 10 di sss Sd Sna nss SesI' Of Internal iTsiTSi' Revenue.
| shall be inal. Tie form, time, and mAnnerol pro
ceedIngs, shall be subject to regulations 70 Dc pre-
| scTIbcd By the Commissioner OF Internal Revenue.
SIC. rs. And Be Il further enacted. That any per.
sop, in his own behalf, or As such nduclary or agent,
| shall be permitted 10 declare, under oath, that me-
OF Ss, s.s Sa1 ID G Isee@s " iS Sf P shOGssnd SS 49, liable
TO be assessed according to the provisions OF thls az;
or may declare that an income Lax has been a aN,SSrf.
~ ofthe United States, upon his income, gains. ana
profits, or those or his ward. beneficiary. or prlnel.
man be satisfied OF the truth Of the declaration, such
! person shall thereupon be exempt from income TAX
In the said district. ,h,
| Of foreign governments who are not citizens OF the
United State. shall be exempt from any income tax
Imposed by this act which may b ederiyed rom thslr
cn"nsl,,.. pSo.idSd' That The Governments which
such consuls may represent shall extend Nniilaf eA'
enptiop 10 consuls Of the United States.
Sc. is dnd be q farther enacted, That there
shall be levied and collected for and during the year
eighteen hundred and sevcnty-one atax o. TWO ano
one.half per centum on the amount Of all lnteress o.
coupons paid on bonds or other evidences OF debt is
sued and payable In one or more years amer date, oy
any OF the corporations In this section hereinafter
enumerated, and on the amount OF all DIVIDENDS OF
.ariiines. Income, or gains hereafter declared, by any
bank, trust company. savings institution. insurance
company. railroad company, canal company, ,urr
water company, whenever and wherever the same
shall be payable, and 10 whatsoever person the same
Iens or aliens, and on all undivided pronis or any
such corporation. which have accrued and been
earned and added TO any surplus. contingent or Other
0lnd, and every such corporation having paid the
tax as Aforesaid, is hereby authorized TO deduct and
withhold nom any payment on account OF intercst,
coupons. and dividends an amount equalt 20 the tax
OF w and one-half per centum on the same ana
the payment 10 the United States. as provided by
law. OF the amount OF tax 20 deducted from the In
tercst. coupons, and dividends Aforesaid. shall dis.
charge the corporation from any liability for that
amount ofsaid Interest coupons. or dividends .claimed
as due TO any person. except In eases where said
eSnptTnct: PSoridsd, That the tax upon The dividends
ofinsurance companies shall not be deemed due nm
I'll such dividends arc payable, either IN money or
Insurance companies TO their poncy-holders, and the
annual or semi-annual Interest allowed or paid to
t tIUns aG .Saii not i bs Considered san,TIaEs SI as DIVIDENDS. and that
when any dividend Is made or Interest NJ aforesaid
is paid. which includes any part OF the surplus or
assessed and the tax paid thereon. or which includes
any part OF the dividends. Interest or coupons re-
ceived from other corporations whose officers atcau.
thorIed by law to withhold a per cSntum on inc
same. the amount OF tux so paid on that portion Of
the surplus or contingent fund, and the amount OF
tax which has been withheld and paid on dividends,
Interest, or coupons SO received, may be deducted
from the tax on such dividend or Interest.
SEC. Is. Andbe Il further enacted, Thatevery per
son having tho care or management OF any corpora
ton liable TO be taxed under the last preceding sec
lion, shall make and render to the assessor or assist
ant assessor Of the district In which such person hal
his ONCE for conducting the BUSINESS OF such coTpor
Ing that In which any dividends or sums OF money
become due or payable an aforesaid, a true and com
Plste return, IN such FORM a. tGe y So I'M %H,n. o Q
income and profits and Of taxes IS Aforesaid: and
there shall be annexed thereto q declaration OF tho
under oath, that the same contains = true and com,
plctc account OF the income and profits and OF take
rs aforesaid. And for any default In the making OF
rendering Of such return, with such declaration an
ncxed, the corporation so In default skall forfeit. as q
penalty, the sum OF ono thousand dollars; and In
case Of any default In making or rendering said re-
turn, or OF any default In the payment Of the tax a,
required, or OF any part thereof, tho assessment and
collection OF the tax and penalty shall be In accord
ance with the general provisions OF law in other cases
SIC. II. And be Il .Guther enacted, That sections
one hundred and twenty. one hundred and twenty.
| one, one nunuTcu anu lWCUtl-tNus hlll " lNl
and twcnty+threc OF the act OF June thirty. eighteen
hundred and sixty.four. entitled IAN act to provide
internal revenue TO support the government. 10 pay
Interest on the public debt, aud for other purpOscs,'
Is amended by the act OF July thirteen, eighteen
hundred and ~slxty-slx, and the act Of March two,
eighteen hundred and hixty-seven. shall be construed
to Impose the taxes therein mentioned to the nrst
day OF August, eighteen hundred and seventy, but
after that date no further taxes shall be levied or as.
scssed Under said sections; and all acts aud parts OF
acts relating to tho taxes herein repealed, and that
all the provisions Of said acts, shall continue In null
force for levying and collecting all taxes properly as
provisions o fiormcr acts, or drawbacks. the right to
which has already accrued or which may hereafter
accrue under said acts, and for maintaining and con.
tlnuing liens, fines. penalties. and fOrfeitures Incurred
be construed to affect any act done. right accrued. or
| penalty incurred under former acts. but every such
right Is hereby saved. And for carrying out and
completing oil proceedings which have been already
commenced or TIM! may Se commenced 10 enforce n
~eeedIngs under said acts, and for the punishment OF
crimesof which any party shall be or has been found
guilty. .
ident Is hereby authorized TO annex to, and unite
districts, whenever In his opinion II VIII reduce the
expenses OF collecting the internal revenue. without
lmpAiring the efficiency Of the service, and there
upon shall retain hut one collector and one assessor
for such enlarged district. And the President 10 also
authorized 10 consolidate In like manner, at his dis.
cietion. any two or more adjoining supervisors dis.
tricts, and 10 retain or appoint one supervisor for
such consolidated district. IH. ar
SEC. 10. And b. u further tsdettd. That a. soon
Is practicable arer the passage Of this act the mum.
nently reduced by the discharge OF all oficors Of that
class who are assigned specially TO tho Assessmcnt OF
any taxes which shall have been abolished by law;
and the Commissioner OF Internal Revenue shall be
| nooftlrad NtFfhRr "a radupn thu nunnhAr of aasiafant