The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-12-21
TIE INCOME TAX.
Regulations for It's Collection Approved
when the Taz Is Due and CoIlectibles


when the Tax Is Due and CoIlectible.
WASHINGTON, Dec. 1A-The secre.
tary of the treasury yesterday APP
proved the regulations prescribed by
the commissioner of internal revenue
for the enforcement of the collection
of the income tax under the late tariff
act. Under the regulations provided
pursuant to law every citizen of the
United States, whether residing at
home or abroad, and every person re-
siding and doing business in the
United States who has an annual
income of more than $500 shall
make a full return of the same,
verified by his oath, to the collector of
internal revenue of the collection dis
trict in which he resides, or if not a
resident in which his business or prop
erty from which income is received is
situated Cn or before the first Monday
of March of each year. The first re-
turn under the law shall be made on
or before the first Monday in March,
1895, and shall include all in
come from every source received
in the year 1894, from the LIST
day of January to the 31st day
of December of said year. Guardians,
trustees and all persons and corpora
tions acting in any fduciary capacity
are required 70 make similar returns
for all minors, wards or benefciaries
for which they act The affidavit to
be attached to the list to be subscribed
and sworn to by the person making the
return is to the effect that the affiant
has included in said return all gains,
profits and incomes from every source
whatever received by him, or to which
he is Justly entitled for that year and
that he is honestly and truly entitled
to make all the deductions entered on
his return and that he has truly an
swered the heterogeneous set forth on
said blank form. When completed and
duly verified by the oath of the person
sending the same must be delivered by
mail or otherwise to the collector at
any time between the first dav of jan
nary and the first Monday of March of
each year.
The tax due from salaries OF officers
and from pay of employees of the United
States will be deducted from the first
excess payment over $1,000 by paymas-
tiers and disbursing officers in paying
the same, and will be paid over to the
collectors of the several districts
wherein such distressing officers reside
ar make payments. 1t is provided that
40 part of the salary, fees or emolu-
ments of any state, county or munich
pal officer is subject to income tax and
no return thereof shall be made of the
salary or fees of such officers. Salary
received by government officials in
1894 shall be included in the first an
nual return, to be made on or before
the first Monday in March, 1895.
Appeals, and the methods thereof,
are allowed and prescribed in all cases
where the person charged with the tax
is dissatisfied with the decision of a
deputy collector. Severe penalties are
imposed on all officers and other per-
sons who make known in any manner,
or any fact or particulars contained in
or relating to any return of any tax
payer, or any fact as to the source or
amount of the income of any such per-
SON Collectors are strictly directed
by the regulations to rigidly enforce
this provision.
The tax on incomes for the year 1894
will be due and payable on or before
the 1st day of July next.