The Albany register. [volume] (Albany, Or.) 1868-18??, 1870-10-29
U. :. Internal Revenue.

meutS to the revenue laws, Wilcn should
be cut out by business men, aud placed
somewh here for handy rcfcreuce:
lst. Canned and preserved fish, shell
fish, meats, fruits and vegetables, are ex-
passage OF the law, July 14th, 1900
I'd. On aud after the 1st of October,
1870, the stamp tax imposed in Schedule
one hundred dollars, and on receipts for
any sum of money, or for the pay
mcnt Of any debt, are exempt. And no
stamp shall be required upon the trans
fer or assignment of a mortgage, where it
or the Instrument it secures has been
once duly stamped" The stamps re
quired on Bank checks, Drafts or Orders,
Bill Of exchange. Certificates of Deposits,
remain as heretofore.
/ Sd Persons furnishing their own die
| or design for stamps to be used especial
ly for his or their own proprietary arti-
cles named in Schedule G, shall be al
lowed the following Commissions, viz:
/ On amounts purchased ut one time Of not
! less than fifty dollars nor more than FIVE
! hundred dollars, five per centum; and on
amounts over FIVE hundred dollars ten
pei centum on the whole amount pur-
! chased. ProrI{ed, That lucifcr or fries
/ ton matches, cigar liz hts and wax tapcrs,
may be removed from the place Of man
ulactures Tor export to a foreign country
without paymeEt Of tax or affixIng stamps
! thereto, and such rules aud regulations
as the Commissioner Of Internal Revenue
may prescribe.
4th. That on and after the 1st of Oc-
tober, 1870, the several taxes ON sales
imposed ty the interna! revenue laws
! LOW in force sauiag and excepting such
taxes on sales as are by existing laws
paid by STAMPS; aud wholesale dealers,
wholesale liquor dealers, cattle dealers,
! cattle brokers, apothecaries, butchers,
couiectioners, plumbers and gas filters,
and sales of leaf tobacco, manufactured
tobacco, snuff, cigars, forei sn and domes-
tic distilled spirits aud wines. now i'm
posed by existing laws approved July 90,
1868, aud acts amendatory thereof, be
and the same are hereby repealed.
9th. hat on and after the lst of Oct,
1870, the tax now imposed on articles in
Schedule y Carriages, watches, bill
lad tables kept for private use, gold aud
silver platc) the special tax on boats,
bargcs aud flats ON lcsacies, and sue
ccssion on passports, and on gross re-
ceipfs are repealed.
9th. That on aud after the Ist of May,
1871, all the special taxes Oiceuses) ex
eept the special taxes on brewers, distill
ers, rectiiers. conipounders of liquors,
wholesale aud retail dealers, manutac /!
turers of tobacco, snuff aud cigars, are
repealed; and with the special taxes that
are rcpeaied after the first of may, 1871,
is also repealed the tax on monthly /
sales.
7tll That section loS (tl,is section re-
lates to instruments in Schedule u, that
from someI cause were omitted being |
stamped, is amended by striking out the /
words fifty dollars" in the second pro-
viso, and inserting in lieu thereof the /
following: double the amount of tax
remaining unpaid. bat in no case less
than five dol ars )" also by striking out
the words sixty SIX in the third proviso
(''shall within twelve months after the
1st Of August, 1866" &c, &c.,) aud in
serting in lieu thereof the woI DIS Seventy
two;" also by striking out the words
''sixty in the last proviso ('aud
the record thereof shall be as Valid" &c,
&c ) and inserting in lieu thereof the
words ''sesenty>two."
9Th There shall be levied and collect
ed annually, as hereinafter provided, for
the years 1870 aud 1871, and no longer,
a tax Of two and Que half per centum
upon the gains, profits and income of
every person residing in the United
States and of every citizen In the United
Stit& residing abroad, derived from any
source whatever, whether within or with
out the United States, except as herein
after provided and like tax annually
upon the gan, profits aud Income derl-
we'd IRON any business, trade or profes-
sion carried on in the United States by
any person residing without tie United
States, and not citizen thereof, or from
rents of real estates within the United
States owned by any rerson residing
without the United States, and not citi-
zen thereof. The other provisions from
which incomes are made up a, similar
to the last law, also the exemptions are
the same except now 81 900 is exempt
inst cad OF 81 900 as heretofore.
9th. Incomes are made up for the en-
the year FROM January 1st TO December
3 list, in elusive, ''aud shall be levied and
TO the Assistant Assessor on the
first day of March, 1871 and 1872, aud
be due and payable on or before the 3Oth
day of April in each year"
10th. There shall be levied aud col
lected for and during the year 1871, a
tax of q per centum on the amount Of
all interesto on coupons paid on bonds OF
other evidences Of debt issued and pay. I,
able in one or more years after date by .
any of the corporations in this section
enumerated, and on the !,
amount, of all dividends of earn> ,
Ings, income, or gains hereafter 8.
declared by any bank. trust com
oany, saving institution, insurance com- :
oany, railroad company, canal company,
turnpike company, canal navigation COM
oany, and slackwater company, whenever !,
ind wherever the same shall be payable.
md to whatsoever person the same may Il.
De due, including nonresidents, whether :
'itizens or aliens, and on all undivided
'rohts of any such corporations which
lave accrued and been earned and added :