The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-05

allowance of $4,000 year cover all
needful expenditure, and If a person
above the age of Il years gees beyond
his sum he does so at his own ex-1
1ense and must pay FER cent. upon
The surplus. For instance If a man
arms $1,000 year and spends the en-
Ire amount in living expenses he must
account TO the government for 81 900
And pay taxes upon that amount
Expenses for medical attendance.
store accounts. family supplies, we ges
OF donestics and SERVANTS, G. st OF
board, room, or house REM for family
or personal expenses cannot be deduct
ca from the gross profits or incomes
in making the annual returns 1t Is
evidently the legislative Intention
says the commissioner. THAI 81, 600.
should cover all the expenses eEuMer-
ated .
In the case of arm the returns
must show the earnings which the in
|dividual members are entitled -. and
each OF the partners is allowed an ex-
enption to the amount Of 81, 200.
No exemption whatever is allowed a
corporation. unless it IS conducted for
charitable or religious r,tGroses. II re-
gard TO societies which claim 70 be in
/ the interest of some religious sect, or
for charity, the collectors are INSTRUCT
T ed that they should examine the artf-
cles OF ASSOCIATION, the charters and
business methods. II they find that
che concern Is not Icing run as repre-
scented they are authorized TO pros Ted
TO make return as in the cise of other
corporations. The law affects all rail-
roads, telegraph and telephone lines
and corpora tions of every nature do
| ing business within the collector dis
| trict, all of which must ily the tax
! upon the entire earnings Tor the year
lending on Dec. 81 last and each year
thereafter during the Continuance Of
the law.
The necessary blanks will be fur
nished as soon as they can be got out
10 all persons who are thought to be
amenable to the law. Returns must be
made to the collector OH or before
March 10 next
Every corporation, company, individ-
ual and firm is required to make this
return if the income in the case of in
dividuals exceeds $500. The purpose
of the law undoubtedly is to place the
department in possession &C the facts
where persons do not earn quite
enough to be taxed. While there is nc
tax upon the income of PERSONS receiv-
ing less than $4,000, the limit for max
ling returns Of what is actually earned
or taken in is placed at 5000. The re-
turns must cover the time rom the
] first day Of January, 1884, 10 the 31st
day Of December, 1894, both inclusive
Only one deduction will be allowed
Tor one family, unless there are chill
dren above the age IF Il years. Nc
deductions are to be allowed for money
paid out for improvements TO increase
the value Of any property on estate.
1t Is a violation IF the law to pub
fish any income statement or any in
formation in regard to any persons
income. The officer who gives any
tips of this nature is relieved from the
service of the government, and both
he and the party obtaining the infor.
nation are subject to fine and inpris
comment.
{. In. the case of refusal or neglect tt
make the returns required there are
i also heavy penalties. Cor failure tC
i report 30 per cent is added to tht
amount of the assessment, and fol
false and fraudulent return 100 pei
leent. is added.
And the collector is not Obliged tC
take the statement of the party n in
terest. Should he have reason to doub
the truth of the statement submitted
to him, or believe that there has beer
an undervaluat ton or underestimation
| the collector may proceed On his owr
account to ascertain the facts. Fol
this purpose he may so anywhere IT
his district or in any other district IL
the country, subpoena and exanlin,
witnesses, books and records and FIND
out the amount of the income Withou
reference to the return made to him
Il Amounts in excess of 81 COO a veal
are taxed at the rate of 2 per cent.