Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-08
LAWS OF THE UNITED STATES!

4 fYAtR 20 IaEU.. OF u INu a. SthNA OAEs
msss rom Which income Ia derived: the hnoun;
paid for the rent Of the house or prrnises occupied
as a residence for himself OF ILLS fllnly, ana ne
amount paii ont Tor usual aud ordinary repairs. 40
d~eIuctlon shall be made for any amount pail out iof
new buildings permanent improvements or DETER
ments made to Increase the value or any properly OF
SIC. 10. Anil b. Il Jurfhrr e,,dcied. That the tax
hrrrinbcfore provided shall DO assessed upon the
gains, profits, and income for The year enliIg gu
the tiIirty-urst lay Of December next preceding uc
lime Tor ievyins and collecting said tax, and shall.
he levied on the first day OF March. elgetcen hundred
and s .SS ~ S,s ,n ndd ns s,ShIss on or before Inc ihiriicilI
day OF April In each OF said years. And N addition
to any sum annually dus and unpaid alter ne INT
ticth Jlay OF April. and for ten days after notice ann
dcnsnd thcre0fby the collector. there shan he LEVIED
and collected, as a penalty. the sum or i've per cent,
um on the amonn: unpaid, and Interest Oh saiI
from the time the same became due. except from the
estates OF deceased. Insane, or insolrcnI persons;
SEC. u. And be Il farther eLaetsd; Inal II snaI
he the duty Of every person OF I1wIul age, WHOSE
gross income dlrinS the preceding year exercised
Two thousand dollars, 10 make and render = return
on or before the day designated by law. 10 the assist
mi assessor uf thu district IN which he resides VI tie
gross amount Of his Income. gains, ana pronts q,
nforesall: but not Including the amount recciyei
f6m any corporation whose aficers. as sn,aoti,sa
dIvIdenls made and OF the interest Oh coupons PAID
By such corporation, nor that portion Of the salary o.
nay received, for services IN the civil, military, naval,
or other service OF the United States. or as senator.
epnSentatlve. or delegate In Congress, rom whisn
tax has been deducted. nor the Wages OF ilhior Sni.a'
rem not received: aud every guardian ana trustee,
executor or administrator. and any person hcllhS
In any other fiiuclary capacity; oras resident assht
for. or c0par;ncr Of, any nOr'resiien, a!lSn, ueinIns
income. gains, and pT0lts from any business. trade,
or profession carried on In the United States. or from
rents Of real estate situated therein. shall make ana
render 4 return as S SicIs as r,, u = 81 Inc anSun; Of
income, gains mil profits Of any minor or person ior
whom liz acis. The assistant assessor shall. require
every such return TO BE- verified by the oath OF the
party rendering II, and may lncreasr the amount, Of
any return, Httcf notice to such party, II ne mas
reason 10 believe that the same IL uiiierstate1. In
case any person having Il gross ltconns as above. OF
two thousand dollars or more, shall neglect or refuse
10 make aud rcnieT such return, Or shall render y
false or fraudulent return. theaEsetsororthea sintant
usSse,Or shall make such return, a~cCoElliig lothc Oes.
lnforniatiunl lie can obtain BY the examination 81 salu
person. or Of his books Or accounts. or by any othet
evidence. and shall add, a. q l,sllaiiy, 20 inc Il, nhi c".ns
Of willIul neglect o. refusal Ia make hild render a tc'
turn, and one hunlred per ccntnni IN all casss 9l =
falls. or frAndulcnt return having been reiIlercd. lhe
tax and the addition thereto As penalty shali DC as
scssed ard collected In the manner ~providei Tor IN
cases OF willful neglect or refusal % render 4 retnri.
or II rendering n false or irnudtlenl rciurh' Dhl ~
penalty shall be- assessed upon any person Tor ahcii
neglect or refusal. or for making or renieIlnS a ialse
or fraudulent return, except alter IcasonnD!e ,lo,lCc
0tthc time and Place ofhcarinR. obe regulated ny lhc
Commissioner Of Internal Revenue. so a. toglSc ,hc
person charged an opportunity 10 he ieard' RIO
rided. That 10 coliect0r,depnty lretorIsssIs,o a. !" ~
assistant uSsesSor shall permit 10 be published IN any
manner such income returns, or any part thereSi,
except snch general statistics. not specifying tne
names Of individuaso or trIis. as lac may MAKE Puonc
under such rules aud regulations as Tie COMMISSIONS
or Of Internal Revenue shall prescribe.
SIC. L.. dndLe il further enacted. That when thc
SCISSOR, such person may exhibit his. books ahl PC
counts AMI be permitted 10 prove and declare. uhu,f
oath, the amount Of Income liable to DC asse,Hn;
hut rica oath and evidence shall not be conclusive
Of the facts, and no deductions claimed III shch cases
shall he allowed until approved by The assistant A.
scs.nr. ANY pcrso! may appeal from lhs dsei',Yh
4 - H. aat4 Ii RnN .Y.Al ~ AtIr = III IHN men
or OF the district. and his decision thereon nnlesslc
yerscd by the Commissioner OF Internal Revenue
shall h. ilnal. The form, time, and manner o. pr.
cce.illgs, shall ~ subject to regulations ~ be pre-
scTibei by the Commissioners OF Internal Revenue.
Snr. Is. Ind be d Jurih1 raact.d. That any per
son, In Ills own bthalT. or as such iiduc.ary or Hgrat,
slail IL. permitted to declare. under oath, that he,
or his valid, beneficiary, or principal; WAS MOI p 70
srs>cd NJ al income Of two thousand hoiiais. naoie
10 be- as,.sScl according 20 the provisions O' th's ACT;
or NAV declare that an INCOME tax liz, seen ar>cnNci
aud paid elsewhere In the same year, Under authoIl,
iy oithc United States. upon bis Income, gaiiis. anu
Profits. or those OF his ward, beneficiary. or prIilci.
bal, a. required by law: and u tbs assistant aSses'Cr
shall be satisfied OF the truth Of the declaration, sucn
person shall thercupon be exempt Tom ineoihe TAX
SEC. IL. lad be Il further enacted. That eon.nis
I or foreign governments who nre not citizens OF thc
imposed by this act which may bederived from tirlr
Official cInoiuncnts, or from properly ~ Horrigh
c%ountrIr,: PrOriIed, That thr Eoysrnnents whIsi
such consuIS may represent shRli extend similar eN'
enlntIop TO consl.s OF the United states.
Sec. Is. Ahd BE- Il further enacted, That There
shall be lev!el ari collected for sirl dunnS tne yeai
eighteen hundred ami scycnty-0De a tax Of two anu
Onchalf per crntuin on the amount OF all lntcrc,t ot
coupons paid oil bonds or other evidences OF ,iebt y.
sued ani payaD:e ~ one o. more ySaT 1. a'i nar.ins her
enumerated, mt on the amount Oi all dlNIiehis "
earnings, Income, or gains hereafter hrclared, Oy any
bank, L t't company, savings institution hsuTanSr
company, railroad company, canal company. turn
pike company. canal u Nlgatlon company, hli stASh-
water company, " hrncvrr ana wherever the same
I .h.l 10 "a aN1 ln whatsoever rTNDn INC huule
may be due, including non'residents. whether CHI
zeiis or nlici,s. and on all undivided prom OF any
silch corporation. which have accrued ami been
earned mid added 10 any surplus, contingent or other
fund, and every such corporation having paid tue
tax as aforesaid. II hereby nuti!0rtfcd 10 ucIuct AMI
withhold from any payment on account OF Interest.
coupons, and diviicnLs an amount equal to tho tax
OF two and One-hali per ccntlin on the same amt
the payment 10 tho United states. as pIoSluel by
law, OF the amount Of tax so deducted fron the In
terest, coupons, md dividends Aforesaid, shall dis
charge the corporation from any liability Ir that
amount ofSaitintcrcSt coupons. or lSl'!cnis .cliiincu
a. due TO any person. except In cases where said
cOrpITatIons Il ave provided otherwise by an express
contract: Pforidci. That the tax upon the dividends
ofinsutance companies shall not be dccnlel Que ti.
III such dlyidcnts are payable. either IN money or
otherwise: AMI that the money returned by mutual
Insurance companies to their pollcy+holders. and the
annual o.. scniI-annual interest allowed or paid To-
INC ,rpoSitors In savings banks or savings instltu.
lions, shall not be considered as dividends, and that
when any dividend Is made or Interest as Aforesaid
IL paid, which Includes any part OF the surplus or
contingent (und Of any corporation which has been
assessed ami the tax paid thereon. or which includes
any part OF the dividends. Interest or coupons re-
\ ceiyed from other corporations whose officers are all.
thoiizcd b. law 10 withhold n per ccntum on the
sane. the amount OF tax so paid on that portion Of
the surplus or contingent nni. and the amount %
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. ii. AHd6s IL fH,thrr enacted. Thatcvcry per.
son having the care or management OF any corpora.
lion liable to bs taxed under the last preceding sec.
lion, sllall make aud render TO me assessor or assist
ant assessor OF the district IN wIish sGeh person has
alton, on or before the tenth day OF the month iollOW'
lug HAT In which any dividends Or SINUS OF money
become due or payable rs Aforesaid, . true ana com.
plctr return, IN such form ~ the Commissioners Of
Internal Revenue may p~trscrbc. OF the anIonh' oi
Income AMI profits and Of taxes as a'orrsaif: and
there shall he annexed thereto a declaration OF the
president, cashier. or treasurer Of the corporation.
nndnr oath. that the same contains a true and com.
plcte account OF the Income and profits and Of taxes
as aforesaid. And for any default In the making or
rendering of such return. with snch declaration an.
ncSed. the cOrpordtions ~ In default shnll forfeit, as q
penalty, the sun Of one thousand dollars aud ~
case Of any default IN making or rendering said re-
turn, or Of any default In tho payment OF the TAX rs
required. or Of any part thereof. the assessment AMI
collection OF the tax and penalty shall be In Accord
ancc with the general provisions Of law In other cases
OF neglect and refusal.
Size. IL. Ind BE- IL further cndcied. That sections
ons hundred and twenty. onc hundred and twenty
one. onr hundred ana twenty-five, ami one hundlred
anil twcnty.ihrcc OF the act OF June thirty. eighteen
hundred and siSty.four. entitled An act 10 provide
Internal revenue 10 surportGIc government To pay
intcrcs, ON The pnblic debt, aud for other pnrposts."
as amended by tho act OF July thirteen, eighteen
hundred and sIxty.six. and. the act Of March tive;
eighteen hundred and siSty-sfre1i. shaI DC construed
to Impose the taxes therein mentioned TO the hrst
day OF August. eighteen hundred and seventy, but
after that date no further taxes shall be levied or as
sessed under said sections: and all acts and parts ot
acts relating TO the taxes herein repealed. and that
oil the provisions OF said acts, stall continue IN iuh
force for lcvyiny and collecting oil taxes properly as.
scnsCl or Liable to be assessed, or accrullg under the
provisions OF former acts. or drawbacks. the right TO
which has already accrued or which may hereafter
accrue under said acts, and fof maintaining aud con.
tinuInI liens, fines, penalties, and forfristircsl Incurred
under AMI by virtue thereof. Aud this act shall not
lie construed TO affect any act done, hight accrttee, or
penalty incurred under former sets. but every such
right Is hereby saved. AMI for carrying; out aud
completing all proceedings which nave hren ALREADY
commenced or that may he commenced TO enforce
such fines, penalties, and forteltures. or criminal pro-
cecdlngs under said acts, aud for the punishment Of
crimrsof which any party shall! Oe or has been iound
guilty.
ilcnt IL hereby authorized 10 annex TO. and unlte
with each other. two or more adjoining collection
districts, whenever In his opinion u Will reduce The
expenses OF collecting the Internal revenue, without
impniring the efficiency OF the service. and there
upon shall retain hut one collector AMI one assessor
for such enlarged district. And the President is also
authorized to consolidate In Ike manner, at his DIS
tricts. ani 10 retain or appoint one supervisor for
such consolidated district.
SEC. 10. dad be IL further enacted. That as soon
rs practicable after tie passage or thisaet the hunl-
her OF assistant assessors employed shall be pcrinA-
nanuy reduced ny the discharge or all optees Of that
class who are assigned specially 10 the assessment OF
any taxes which shall have been abolished by law;