Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1872-05-10
THE VIRGINIA TAX ACT.

The revenue act passed by the Vir-
GINA Legislature now adjourned lays
taxes as follows:
On land, so cents on the 500 of
valuation on collateral inheritance,
per cent; on polls, 81 for school
purposes on tangible personal proper
ty, also on chooses in action, toll bridg
cs and ferries, so cents on the. 500 /;
on incomes over 1000, one per cent /;
on the real and personal property OF
railroads and canals, and upon the
/ market value of their Indebtedness,
so cents upon the 500; upon the
real and personal property and upon
| the gross receipts of express and trans
portation, and steamship, steamboat,
stage and sleeping car companies, 90
cents on the 500 of property, and
two per cent, on gross receipts; on
the net assets of telegraph companies,
so cents on the 500, rating their
lines at $125 to the mile; upon every
conveyance or other recorded contract
for estates. 10 cents on each 500
over 81 900; Opon all lawsuits, $40
on each 500 over $4,000 N
suit. Licenses are eXacted as fol-
lows: For wholesale Igor business,
500; retail Igor, $50; and in addi-
ton to the wholesale license, a scaled
tax upon the gross sales ranging from
So upon the $1,000 up to 500 upon
$4,000, and So upon each additional
! $40, 900 in excess of this sum and in
addition to the retail license \ tax of
3 per cent on gross amount OF sale; on
! the commission business $35 license
and per cent. on amount ofcommis-
sions; on the travelling salesman bust
ness $25; peddling $50 fortune tell
ing $50; upon each sale of a patient
right $25 on the land agency bust
ness $50; license on book agency $40 !;
on agency for manufactures of other
States $40; auctioneers $40, and one
quarter per cent. on gross sales; real
estate auctioueers $50, or in town
500, and one quarter per cen, on
gross sales; tobacco auctioneerS $50 f.:
Junk dealers $50, and sealed tax on
gross sales; ship brokers $40: stock
and commercial brokers $50 to $3.50
according to capitol; pawnbrokers
| $3.50; on manufacturers ofSpirits $50,
aud of malt Tigers S25; On rectiferS
$50, aud cent per gallon; ordina-
ries S25, and S. on each Sl90 of the
annual rent; on houses of private en-
tertainment and boarding houses So,
and l per cent. on the annual rent ;
eating houses $50 and with license to
have liquors drank on the premises,
$50; on bowling saloon $50, and SIS
on each alley; on billiard saloons $50.
and SIS on each table; on bagatelle
saloons $40. and S. on each table on
theatres and panOramas s.. for each
performance on SHOWS, circusses and
menageries $50 for each performance
and per cent. of gross receipts; on
public rooms $40: attorneys. physi-
clans, surgeons and dentists SO; da
guerrean artists $50 to so. according
to population Of thetown on stations
and jacks SO; on agents for renting
houses $50 to $40; according to pop
ulation Of town; on labor agents S25
on warehouses and wagon yards $40,
according to population of town; liv-
cry stables $40. and 20 cents on each
stall; on insurance companies $500. and
u per cent, on gross receipts; on tele'
graph companies $500, and y per cent
on gross receipts; on live stock dealers
SO; on each charter of corporation SIS
and on each 5000 ofcapital above tbs