Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-24
LAWS or rHE UNITED STATES.

arising nom irts, Hoods. shipErcek. or neufIsa ~
trade, and debts ascertaned 70 C .,on ~ TsIues: he
amount OF interest paid during the ye,f. cmL
tie amount paid Tor rent or labor 70 eui-
n nss'f rom 1an SIhls e .n sS sSD Is derived; tic .nnogn.
paid for the rent Of the house. or prrmlses oSsSp ~
as q residence for himself or MS laInlly. anu ~ "
deduction shall DO made for any amount paio Su. it
new buildings, permanent Improvements. or DS..e..
menu made to Increase the value Of any proper! OF
estate. 20 ..Il. ria w.. a.. a.
SIC. 10. Aad BE- 10 further enacted, That the az
hereInbefore provided shall be assessed upon tne
gains, pronts, and income for the year endhng on
the tiirty-nrst day OF December next precedlns tns
time for levying and collecting said tax, and snal,
be levied on the lrst day Of March, elgetecn nunoleu
and seventy.onr and eighteen hundred anu seSsn.I,
two. and be due and payable on or beiorethe tniIteta
day OF April In each Of said years. And In addition
to any sum annually due and unpaid Aiter ,ne tnIr
iieth day Of ApIril. and for ten da ;S. n.! * Y, hE ~ irr Yea
and collected, as a penalty. the sum Of nye peI GEM;
uin on the amount unpaid. and interest on ssiS
amount Of the rate OF one per Sentuin pet f,n menu ~
SEC. ii. Aid BE- Il JHrfGsr enacted. That It shall
S Ss sse lS Ss,x 81 d sTsiE t Rs'' p&ree 81 lIs! year ss;xeesdsd
two thousand dollars, to make and render q return
on or before the day designated ~ laN, 70 Lhe SssS,hh nv
ant Assessor OF the district IN which nc rcslues oi Tue
gross amount OF his income, gains, anu prom. ~
Aforesaid; but not including the amount tscelsed
from any corporation whose omesIs, - nn ~ N
by law, Withhold and pay AZ taxesa per ccntumol VIZ
dividends made and or the interest on COUPONS pau
by such corporation. nor that portion 81 the saa.y II
or other service OF the United States, or a senator.
representative, or delegate In Congress, Ioni whiS t
tax has been deducted. nor the wages OF Mlh' ,res,ac
rem not received; and every guardian and uustec,
executor or administrator, and any person hclIk
In any other fduciary capacity; or asa Iesluent asGms
for, Or copartnero o. any non ldS Snv h asn = trade,
or profession carried on In tho United States, or rom
rents OF real estate situated therein, shall make anu
OF The district In which lie resides OF the amount 81
income, gains and profits ofnny minor or person ioI
whom he acts. The assistant assessor shall require
every such return TO be verified by the oath Of the
party rendering It, and may increase tne antount y
any return, after notice to such party, u ne nns
reason 10 believe that the same Is unidentified: AZ
case any person having \ gross Income as above, OF
two thousand dollars or more. shall neglect or rrIuNe
to make ano render such return. or snnu Ielus.
false or fraudulent return, the assessor rthe assistani
assessor shall make such return. accordingly thc besi
Information he caaobtaln by the examination OF salu
pSIscn.e OF md M III sSnIlI add. a. . penalty, 10 The amount
OF the tax Jue thereon, my per centrum III AZ 49,
Of willnl neglect o: refusal to make anu nenoen =
turn. and one hundIsd per centunl IN all, CASES y.
fal,r or fraudulent return having been rendered: Inc
tax aud the addition thereto IN penalty shall pe as
seSscd and collected In the manner p,osiasu ~ -, NJ
cases OF willful neglect or refusal TO render q return.
or n rendering a false or fraudulent return. But no
penalty shall be assessed upon any person lor snSn
neglect or refusal, or for making Or rendering lhisc
or fraudulent return, except after reasonably notice
ofthe time and place ofhearing. 10 Dereeuialed W t n
Commissioner Of lnternL Revenue. soas tos' ~ ~
uerson charged an opportunity TO be heard; FRO
rided, That no collector, deputy collector assessor. OF
assistant assessor shall permit TO be nubrsneu ia anS
manner such income fsturhs: ~ no any spec c,S The
names OF individuals or frms. az heinay make puone
under such rules alri regulations as the Co!iitiissioh-
or of Internal Revenue shall prescribe.
SIC IL. dndb Dc Il further enacted. That when the
| return OF any person u increased by tile assistant ss-
SCISSOR. such person may exhibit ms eook a, sm "nJsr
oath, the amount Of income liable 70 Dc aSsSsssui
but such oath AMI evidence shall not be conclusive
Of the facts. and no deductions c'nitied ~ sIin SaS ne
SCISSOR. Amy person may appeal Ioni Ihe asS.s0n
OF the assistant assessor. IN shch cases, 10 the assess
or OF the district, and his decision thereon, unless re-
yersed by the Commissioner OF Internal ltevenhe,
shall he final. The form, time. anu manner .. pro
ceedings, shall I've subject to IeSniatiohs 20 De pre-
ScrIbcd by the Commissioner OF Internal Revenue.
SEC. Is. And be H. further Enacted. That any PCT
son, In his own behalf. or A. such Iiduclary or ageh'.
sisl, be ps,m 1,aIsa 70 IeS oT nSi;n uiIusii wa, moi Dos:
scsscd Of ali income u Two thousand d"lars, naOie
TO he assessed according TO the provisions oi lhtJ ael;
or may declare that an incOln" tax has been assessor
and paid elsewhere In the same year, upder antloIl,
~ oithe United States. upon his Income, ghlns. anu
profits, or those Of his ward. beneficiary. or pnhei.
nal, an required by law; and II the assistant assessor
shall be satisfied OF the truth OF the declaration, snch
person shall thereupon be exempt from Income Tax
!" s r. a. Aud be IL further eaaeted, That consuls
| OF foreign governments who arr not citizens OF inc
United State. shall Ia exempt irom any income ,aN
/ lmIDstu u ~ INV \ " tiNu ihey
| conntrirs: IToridsd, That the governments, which
en,ption 10 consuls 81 the United States.
SIC, Is. Ami be u further enacted, That theIe
shall be levied ami collected for and durihg tne yssI
eighteen hundred and scventy-onc a tax Of two anu
one-half per centum on the amount OF all nterest "
coupons paid on bonds or other evidences Of debt ~
sued and payable In one or !, more NOR yesrS a'i Tsr Gn,si "
enumerated. and on the amount OF all dlvidends oi
eamings. income, or gains hereafter declared. ny any
bank. trust company. savinIs insu'ntsOn; arm.
| pike company. canal navigation company, anu sllch-
water company. whenever aud wherever the sailie
shall be payable. and to whatsoever person tne aaI,e
NAV be due, Including non.reslients, whether cltl.
zens or aliens, and oil all undivided pronlh OF any
such corporation. which have Accrned anu oeen
earned and added to any surplus. CONTINGENT or other
fund, and every such corporation having paid the
tax as aforesaid. Is hereby authorized 70 deduct and
coupons, and dividends an amount equal 10 the tax
oftwo and One-half per centum on the same anu
the payment to the United States. rs provided py
law OF the amount OF tax so deducted from tho In
tercst, coupons, and dividends aforesaid, shall dis
charge the corporation from any liability for that
amount ofsaldintoreit coupons. or divldenus.c .ainied
| corporations have provided otherwise by an express
contract: Proridcd. That the tax upon t.le dividends
| INSURANCE companies shall not be deemed due un.
III such dividends arc payable. either In money or
otherwise: and that The money returned by mutual
Insurance companies to their poucy.holders, ana the
| annual or senil.annunl Interest allowed or paid 10
the depositors In savings banks or savings institu.
lions. shall not be considered as dividends, and that
when any dividend Ia made or Interest a. aforesaid
Is paid, which Includes any part OF the surplus or
contingent fund OF any corporation which has been
assessed and the tax paid thereon. OF whisn inSIuGss
| ceived from other corporations whose officers are au.
thohzed BY law to withhold n per centum on the
same, the amour! Of tax :, S,I paid an on , ,SS I pSfs,Ua OF
tax which has been withheld anu PAID on alSllehns:
Interest, or coupons 80 received, may be deducted
from the tax on such dividend or interest," H.af
aYr IL. Aadbf II further elldcted, That every per-
son having the care or management OF any corpora
lion liable to b. taxed under the last preceding sec
lion, shall make and render 10 the ASSESSOR or assist
ant assessor OF the district In which such person has
bis once for conducting the BUSINESS OF such corpor-
alton. on or before The tenth dayol the month follow:
become due or payable ~ Aforesaid, . true and com.
plctc return, In such form as the Commissioner "t
Internal Revenue may prescribe. OF ne amour. o,
there shall be annexed thereto q declaration OF the
president, cashier, or treasurer OF the corporation
plete account OF tho income and profits and OF taxes
as aforesaid. And for any default In the making or
rendering Of such return, with such declaration an
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 payment OF the TAX ny
collection OF the tax and penalty shall be in accord
ance with the general provisions OF law In other cases
ofnegiect and refusal. l...
one hundred aud twenty. one hundred and twenty:
ono, ono hundred and twenty-five. and one hundred
and twenty.throo OF the act OF June thirty. eighteen
hundred and sixty-four. entitled An act to provide
internal revenue to support the government. TO pay,
interest on the public debt. and for other purposes"
a. amended BY the act OF July thirteen, eighteen
hundred and ~sixty-six. and the act OF March two
eighteen hundred and sixty-sevcn. shall be construed
to Impose the taxes therein mentioned TO me nrst
day OF August, eighteen hundred and seventy, but
amer that date no further taxes shall be levied OF a.
scsscd under Sald sections; and all acts and parts OF
acts relating 70 the taxes herein repealed. and fhdi
oil the provisions Of said acts, snail continue ~ nmI
scyseI or liable TO be assessed, or scc,,llng under tne
Provisions or former acts. or drawbacks. the right TO
which has already accrued or which may hereafter
accrue under said acts. aud for maintaining and con;
unujng liens, lines, penalties, and forfeitures incurred
under ann BY virtue thereof. And THIS act snail NOT
be construed TO affect any act done. right accrued, OF
| penalty Incurred under former. acts, but every suen
fight Is hereby saved. And for carrying out and
completing all proceedings which have been alrrady
commenced or that may be commenced 70 enforce
suca fines, penalties. and foT!e!tures, or criminal pro.
| cecdlngs under said acts. AMI for Tie punishment OF
crims,of which any party shall be or has been iouhu
SIC. IL, And be II further enacted, That the Pres
klent Is hereby authorized TO annex TO. ana unite
with each other. two or more adjoining collecuon
| districts, whenever In his opinion. II VIII reduce tne
cxpcnses OF collecting tho internal revenr;e, without
impalring the efficiency Of the service aud there
mon snail retain but ono collector and ono assessor
for such enlarged district, And tho President Is also
authorized to consolidate In like manner, az MS ais-
c,rtion. any two or more adjoining superrtsors dis
tricts, and to retain or appoint one supervisor ioF
such consolidated district;
SEc. 10. Ind be Il further enacted, That ~ soon
as practicable after the passage OF thlsaSt tae NUM-
nentiy reduced NJ the discharge or all officers OF tina.
class who are assigned specially TO the hs>essmcnlo ~
ony taxes which shall have been abolished by law;
and the Commissioner OF Internal heNenIe sna, "