Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-24
LAWS OF THE UNITED STATES.

trade, and debts asccrtained 70 be worthless, but ex-
Guiding all estimated depreciation Of values the
e., s%0u amS 81 inss esis pa rs1 1e'G aT ' lsso! y't q e eui!
tivate land, or 10 conduct any other bus.
ness from which income Is derived; the amount
paid Tor The rent Of the house or premises occupied
a. . residence for himself or his family, and the
amount paid out for usual and ordinary repairs. No
deduction shall be made for any amount paid out for
new buildings permanent improvements. or better.
estate.
SEC. 10: Asd b. u lsrtAer enacted, That the tax
hereinbefore provided shall be assessed upon the
gains, prohs. and income for the year ending on
the tbirty-irst day OF December next preceding the
time for levying and collecting said tax, and shall
and seysnty.onc and eighteen hundred and seventy
two. and be due and payable on or before,t the thlrtieth
day OF April In each OF said years. And in addition
70 any sum annually dye and unpaid after ne =. t anT
demand thercofby the collector. there shall bo levied
and collected. as q penalty. the sum Of Ave per cent;
UNI on the amount unpaid, and Interest on nld
amount at the rate Of one per eentum per month
from the time the same became due. except from the
estates Of deceased, insane, or i%nsolvent persons;
SEC. u. And bs u further e,aetsd, That II shall
be the duty OF every person Of lawful age, whose
gross income during the preceding year exceeded
" thousand dollars, 70 make and render 2 retnrh
on or before the day designated by law. to the assist
ant assessor Of the district In which he reridcs o. the
gross amount Of his Income. gains, and prohts a.
aforesaid; but not including the amount iscslseS
from any corporation whose of1cers, as huthollLe1
by law. withhold and pay a. taxesa per Genuine OF INC
dividends made and Of the interest ON coupons pala
by such corporation. nor that portion Of tne sa,aIy y
ar or oibey seTyice M the limited States. or as senator.
representative, or delegate In Congress, rom when
tax has been deducted, nor the wage OF minor snia-
execntor or sdm,nIstrstor. and any person acting
In any other nduciary capacity; or Asa resident agent
for, or copartncr Of. any Nonresident allen. deriving
Income, gains. and profits from any business. trade,
or profession carried on In the United States. or froni
rents OF real estate situated therein. shall make anu
~ tbs Si.,rtst In ~,hich ne resid.s OF Inc amount or
Incon,e gsins and mani. M any minor or person Tor
,Hhom ~ .nis Tha sssistsnt assessor snail require
SHu,X mn se rs,urn- ~ hc vsr,atsd nv Inc oath Of the
n,rty rendering II. and may Increase the amount Of
nrny rs,nTn af.r notice 10 such party, n he has
~ y h..,a ~ ,hs, ~, s.me a. nnIerstatsd. In
Ieason W o ~ !. v,nr : @rnss income as above. of
s ,asN . ~ "a doiis,. ns ,nnss shalI neglect or refuse
~ maze and render such return. or shall render a
a.se :, ~ III m.Ss snch ,stnrn acconIinct 10 the beat
nsormstIon he canobtain by The examination ofsaid
,nr.nn or ~ hts boois orSsccounts. or by any other
evidence. and shall Sdd, as a, = pc pens snS,u no inc IN iii IIiD ea.es
~ NJ ,sSInnr nccieci n rein al 10 make and render q re-
,,,n s%i one hundred Der centunI in ali cases OF q
tuIn' anu one nunuIsu ~ s a = I'm ,cnderad Tho
!hiseuI HauuutteImunx ,snra1o ~ nen.Ity shaII he ns.
tx anu tne aMuluoa ~ Lne = p nroyjdcd for in
sessed ana colecteu w !. III Ip.nJas . rst,,rn
cases OF willful neglect Of rei9saI 70 IsnuT' Rnt no
or II Ienastlng aiaIseo nMon INV ncrson for such
pennIty snsH DC ~, az naSins or rendering A false
or fraudulent return, eXeept alVeI tsS LII nv ,he
ofthc time ana pace oInsa,ans; sn ~ 10 1--WE the
commissioner 81 Inie,nn = ,nI'u 70 i've hesri FRO.
person charged an opportunity 70 ns asr nv
rided. That no collector. deputy collector, H aSsesT 10 .n VI
assistant assessor snal PENNY W oe my nsrt Thereof
manner sush income ttII not speeifyinr the
except sueh gsneIa, s'Ss nns he nakc nublIc
names OF lholyiuuaso L ~ as me C"n.n,i,slo
under such ruies auu IesuLations
or s o. ih y a,aS, n HartIST enacted. That when the
return OF any person Is lncIeasem ~ 'I 49,. smd az.
SCISSOR. such person may y, eE nraye md declare. under
o ooibH , ~ amount Of Income liable 10 be assessed
hut SUCH oath anu sSiuen.o ~ ~ IN snnh casns
ofthe facts, ana no deuuetonst M a. assIstant as-
shall be allowed uluI approsSa " y ,hs Gcci.ion
sesSor. Amy person may appeal from the nesision
OF the assistant assessor. ~ such cases, y " nsseS.
or olthe ID dl ~ ! anna hs assr1 Of Internal Revenue,
shall be tnal. The form, umc, ann hlAnTsiH, Pr"
ceedings, shall be subject 10 reguiaIlons 70 oe p'e-
scSl1ed by nc JomT,t SSriSr, ~ That any Der.
son, In his own behalf. or as such hduciaIy OF as"n.'
shall be permitted TO declare, under oath, Ihat ne.
Sessed or an Income OF two thousand dollars; X, liable
10 DO assessed according TO the provisions Oh TINS act;
or may declare that an income TAX ns wv aS,bori.
and paid elsewhere In tile same year. under authorl,
~ ofthe United States, upon mis- INCOME gNns, anu
profits, or those OF his ward. 6erenclary. or piInvi.
psl. as required by law; and II the assistant assessor
sS y be ssstIsned Of the truth OF the declaration, such
person shall thereupon be exempt hoin Income u1
In the said district.
| Of foreign governments who arc not citizens OF the
| United State. shall be exempt from any income tax
Imposed by this act which may be derived IRON 10 ar 1lSl
countrrs: Provided, That the government wnlcl
such consuls may represent shall extend SIMILAR eS
cnptiOn to eenspl. e The United s.stsf' rb,, ,her,
shall BIO levied and collected for and during inc yea
eirhueen hundred and Seventy-one . tax OF two and
one.half per eentSm on the Smo svi5s 81 ss ~ m' Ssbt Is
sriei and payublc I'm one or more years nfter date. BY
any OF the corporations in this section hereinafter
safnlnss. Income ans on on gains saS . hsrearer Declared ss a BY any
bank. trust company, savings INSTITUTION, lnsutanss
company, railroad company, cahai eompany; lay
pike company. cana! navlga., nh SSIunpn tbs sam.
water company, whenever anu MnvIssvt ,ho ssms
snal DC payaoie. nnu . nna.SDsIssS ssI'.ibcr ciii
may be que. ineIuuIns non,rs,idnS nrnS,S ~ an,
fens or Aiens, anu on Al unui',u.a wi 49,
such corporation, which have a s,RCon sn 10 o ISsI
earned and added 10 any surplus, sohtinSens VA w. ,S,
fund. and every suSh eOrpotatIom na,n ~ 1ar, w. W.
withhold from any payment on account OF interest
coupons. and diyiiends an amount e!naiuo .ne ts1
The pSy Tna a" 70 the vi United States. as provided Sy
Law. OF the amount OF w 70 aedueten ,roh ~ ~ ~
tsrest, coupons, ana aiyi In nj rigpiT sSIuiy ~ gnr thai mt,
enarEe we e1tpo,as.'h san Um ssnng, di~iicn,Is Claimed
am9unto isaluinterss. eoupou.s' ~ nsScs WSere ss,d
as uue 70 any pe, nsnr,SoJ tb.rxiss Nv nm cxpres.
corpe.saonn n na;IJSY Thai 10 lay npon tbedIyldends
oSIn.n,s nee connsnies shalI NOT be deemed dine un.
., insIIans1 So.np" y na~shio cJth.r IN nancy ar
w such ai'iIsnds arg psSo oDc ,stuTncd nv mutual
T,nsr%,ce; .o anu .nSs 10 q thrIr po,Icy.hotiers. and the
annual Or .emi,snnGsl Interest s,sS. above, nE sIu or paid s,tI, TO-
.ne ucpost ~ ~ ~ sor !, to,sS a. JJ,yidsnds and that
.luns, s,,a,' ~ . 1. 80 AZ in,ersst as afore.aid
when any S,Ssa snni,,Sn. any, mari ~ lie ,nrnlns or
Is pa,d, when inSiauS, nusp. IIo which hps been
sonsanss.s ~. - m,.tj tSsrcon ar which include,
s ~ 1s " NJ, te ,J1xIS"nds interest," or coupons re-
any PabLo. Wy etn.nTnnorn,ii lions whose anscers arc nm.
ssissu t,V u. Vsnv /, q uIpp,nSSoiI a nsr centum on In
.no,I1cI " m" az ,ax M neI5 ON thnt portion o
s ~ s,r ~ ~ continvrnt TunJ' and tho amount d
,as chtns IT, Nam ,yi,hhciI and nall on diyIjenhs
49,, ~ cornnrS ~ ncceITsJ may be deiuctct
meSSD,,va IT, ~ ~ yp"nh d,rLiend nv interest
rom tncIAA " sucn w t,euu :. rha; y.r n.,
bEc. 10. hsdoe ltyHrIAn enaet.a, Innsu'ety P..
sou having the care or management oi NY SoIpoIa
tlon liable TO De taxed unueT tne hst preceulng ~.
lion, shall make and render 10 tne assessor OF assist
ms once ior e2ndueuns .ne 9usnSs = s on, r XIX
auen, on or ptiIIe lne .rn.l oaI" y, ~ ro n
Ing thai IN whlcl any ulvnsu.n ~ sunisoi aioms!
Plets return. in such form as tue Commissioner o
ihteInal ne'enue Hsy pISsS'.os'o w ~ !"
iheoIn9 III p.onos a. ~ ,nor.,o . 5s.I.r.tIon ~ H.
tnoIe sma" y - ,rcasnpcr ~ ne cornnr.,ion
ppnJ.r n.,h that he s,mr sontaIns a tr,ie md com
nhas, oaer; ,n ~ ~, = incnwe nnd nrosts Snd n ~ taxe,
~ aSoressId. AMI Tor sny default in INC making OF
ronaorsnc ~ .,eh rs,prn Min such dscI,p,fion nm,
n nsnsS,y 'n rs Sor rpm ~ nno ,hons"nd " soIi,rs and h =
ehsco VI any uclnutt ~ nanmk VI Ie..eLti az, 's
IurnI or OF any oeiaun in sns psyhnen.oa ~ ~ n ni
Ieanliea, OF o. any PAT. tr nmSaI,,v ~ sS,II Ss IN .ccor%.
c0nsctiHh 81 81. INC TAX anu noi pena,,y ~ sh Z " I Ge a NJ cS,Ss
ance wlntne ge1sIai pfo'"'onSo " "oaA'''~S
OF negpect anu JeIusai; r,.,..,,to,.
skc. ~: hnn &c y,n'nn enau,s",d y y 1870
ono one h nnn bunS ana sngH tS,cn y and IN bnndrcJ
anu twenty I,nIcuo " u oe,,,,.a ~ : nj, n,nrIIn
nuna.eI anu s,a'y'oup; ,hc ronsrnn,sn, to nav
, m,e, nn IN nrS,ic 5aht AMI ud Sor othcr n,,rnosas "
~. omcnded nv he st Of July thirteen, cIrhtecn
nunuteu AHu hAtye!A: hhu nv " 1antsn wi