Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-12-14
TOCOLLECT THE INCOME TAX
Regulations Governing 1t Issued BY the
Secretary Of the Treasury.
Every Citizen of the United States,
whether Residing at Home or
Abroad, Must Make Return.

The Secretary Of the Treasury has issued
lengthy and comprehensive regulations
for the enforcement of the income tax pro-
visions Of the tariff law. Under these regu-
lations every citizen Of the United States.
whether residing at home or abroad, and
every person residing or doing business in
the United States. who has an annual in
come Of more than $500. shall make full
return of the same. verified by his oath, to
the collector Of internal revenue Of the col
lection district in which he resides, or IL not
a resident, in which his business or prop
erty from which income is received is sit
uated. on or before the first Monday in
March of each year. The first return under
the law shall be made on or before the
first Monday in March, 1895; and shall in
clude all income from every source, re-
ceived in the year 1894. from the first day
of Jaiuary to the 3lst day of December, in
said year.
Guardians, Trustees and Corporations
Guardians, trustees and all persons and
corporations acting in any fiduciary ca
pacity are required to make similar re-
turns on or before the date mentioned, for
all minors, wards or beneficiaries for whom
they act. Persons having less than $500
annual income are not required to make
the return, but all persons having an in
come in excess of that amount, whether 1t
reaches the taxable limit of $4,000 or not.
must make return as prescribed. the
blank form prescribed by the regulations
for the annual returns of persons con-
tains a list specifying all sources Of in
come and all allowable deductions. to be
filled out by the person making the same.
with footings for gross income and total
deduction allowed, leaving the taxable in
come upon which the PER cent tax will
be assessed. The affidavit attached to the
list must be subscribed and sworn to by
the person making the return.
On Failure to Make Return.
The blank form contains full printed in
structions as to the manner of making
return and, the method of computing the
net income for taxation. If any person
fail to make return in the manner and
time provided by law or make a false or
fraudulent return, the collector shall make
the return from evidence obtained by sum-
mOning the person and examining his
books, and from all other evidence OBJ
tainable, and shall add 80 per cent to the
amount Of tax found due as a penalty
in case of neglect or refusal to make re-
turn, and 100 per cent penalty In case OF
false fraudulent return.
All corporations, companies and associa-
lions, both resident and foreign, doing
business for profit in the United States.
shall make annual return OF all net prohts
above business and operating expenses OH
a separate blank prepared for them, and
when duly verified by the oath of the
president or other chief officer of such
corporation the return must be delivered
to the collector on or before the first Mon
day in March of each year. The first re-
turn of corporations shall cover all net
profits and income for the calendar year
1894. The exemption of $4,000 allowed to
persons is not extended to corporations.
but the return must cover all net proiits,
without exception. Corporations are re-
mi rad hooks account,
and may be requested to allow collectors
to inspect the same in verifying returns.
If the annual return is not filed with the
collector in the time required by law the
CORPORATION making default shall forfeit a
penalty of 81 ,O6O and per cent month on
the tax due until paid.
Certain specified corporations for charita-
BILE and like purposes and certain savings
banks mutual insurance companies and
building and loan associations are exempt
from the income tax. In such cases II is
held by the department that the fnten-
ton of the exemption is to extend Dement'S
to the small depositors and beneficiaries
Of such mutual and savings institutions.
and that the corporations as such, and
those who speculate in the shares, stocks
or funds are not the intended benenclarles
of the exemption.
The tax due from salaries of officers and
fl ON pay of employees of the United states
will be deducted from the first excess pay
ment over $4,000 by paymasters and dis
bursting officers in paying the same, Salary
received by government officials IN 1874
shall be included in their first annual re-
turn. to be made on or before the first
Monday in March, 1895.
Method of Appeal.
Appeals and the method thereof are al
lowed and prescribed IN all cases where
the person charged with the tax is dissat-
isfied with the decision of a deputy COL
lector or collector.
Severe penalties are imposed upon all
officers and ether persons who make known
In any manner any fact or particulars con-
tanned in or relating to an annual return
of any taxpayer or any fact as to the
sources or amount of the income of any
such person. Collectors are strictly d.
rected by the regulations to rigidly enforce
this provision.
The tax on incomes for the year 1894 will
be due AMI payable on or before the first
day of July next, and il not paid at that
time the penalties will attach for non-pay-