New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-28

persons 10. -. ,.o, 81, ,,
cH emf > Rsrtnbefos provided cr BY anG Win the
ey ami sources Of income the United states and com
plying Vim the Provisions s OF saftn nccm+ h shall IN
cudc all income from every source but unless ne DE- ~
part Of the income which derived from any in
such statement Of each district shall collect
The 1S on the nc9ms ndom ns making no ac~an
for exemptions and all property belonging TO such non
'' s~ '" Pro ' That "res due state county
municipal Officers shall be exempt from the income tax
The form for returns OF incomes OF corporations
differs materially from the foregoing. Its first
page bears the following extracts from the Income
Tax law:
form No $685.
UNITED STATES INTERNAL REVENUE.
INCOME TAN OF CORPORATIONS, ETC. 1884,
ACT OF AUGUST. Is. 1894
Extracts
AN ACT entitled An Act to reduce taxation to provide
Re enacted Sec q That from and ssf me
hs DAY Of eighteen nspS'a an sp Sundre
a~a "s sha the be mr.. ey.d and
preceding calendar yeai BY every ci,i.,n Of the United
person residing therein whether said gains profits or
Income be derived from any Kind OF rI9pery I'm ,d
employment vocation carried N the United s'ate-
o., two per ccn,ufn the derived over and
above four thousand dollars and IKE tax .h- nroa re
ard ncom. from properly owned ara q eyey snsin',.
residing without the l..s s",,. AND "1 ,.s
herein pIod,a for h@ be css and ps upon The
gains profits and income for the year ending the ,hry
Collecting eofs Sin u ana nt' paying said Tax
Sec - Provided also That IN computing the IN
there hall not BE- Included received from .nl
corporation company association as diyidend- ur'n
,he stock Of such e'pgan .oP hl o,a sD m n
profits By sd corporation company or "''''''"'" -
& az 2rhs ,,xs. On income. herein imposed shall
due ara pa ava on or s,ors the ~, day July
ssSs and ID. to any n sum n" T SUN" n" so ana @
days notice and demand thereof by me collector
there levied. addition thereto the sum ~
i've per ccntum on tie amount u unpaid. and IN
,,s The s 'sT n 81 s ea' n dun .. pen.y
estates q deceased insane u nsoNen'
sec 81 Tina, there shall be ss'..,.a isv.a END Cd
eenum ANNUALLY IN n. net pIsn Or noS", Sposs
Tor materials purchased H s :. ,uah,et
resale losscs and Interest on bonded ana oihet na"u
saving Institutions Are marine NE and other inufan
slack w,er telephone teicgraph cEpre, llsht
water street Hallway companies and all other cor
profit the United states no matter how created oF or
q, ay 'a each iesf and II the president or other
oacor 81 any corporation company
the Of any foreign corporation company ~ ass,
Tefuse to ' Me With the Collector Il tn.
asc, IL which ss,a eor'of.on oSp'ny or
verified by his oath affirmation IN su,h form,
Tas showing m. amount Of net profits or incon,
csy"S M ssd corpors,i"n company n association during
the whole calendar preceding the date Of MINIS
said Statement, as hereinafter required ne ,ortS,-on
company association making default shall ferf.t 40
esniun on the amount Of due Tor each month unu
the paid the payment 81 rsid prnaiy 70 .. en-
make return Of taxes under The internal revenue Laws
a. n n Nv, , p ,hnI include ne amounts paid to share
holders. carried to the account Of any fund or used for
pendulum paid from the net annual profits
made acquired by said corporations companies OF as
IS . sgsH .Ss ss. s"G ,Sd, s "a.
collector ~ IS collection district on or befos ne mrs,
eighteen hundred and nn,,, hv- full return verified by
Of internal revenue may prescribe Of all The following
matters for he whole calendar year last preceding the
First The gross Yrohis Of such corporation company
citation from all kinds Of business Of every
:sqHa tn: IF .ns@ GSDse" .,
Third The ne, pfos Of eh y or
Fourth The amount paid on account Of Interest an
rinh The amount paid IN salaries OF four thousand
sixth The amount paid IN salaries Of more than four
address Of each Of such and the paid
association doing business FOR profit to keep
all its Transactions shall be entered from day 10 day in
regular order and whenever collector or deputy col
Sl ns IS sha Seere sa u. and
or ASSOCIATION has not been made he ,ha make an aida
", q such belief and Of The grounds on which !, is
,ernal Revenue and II said Commissioner shall.
given to all the parties good ground Tor
such eslst he shall issue request in writing to .ush
ion Of the ohs Of spch cGrpoFs'i9n s9mpany or ss-o
association shall refuse comply with such request then
o,o sS nrmn as he can obtain an snn MAKE
The 81 such income and then add hfty per
lawful assessment Of such income
On pages Nos and are these blank forms
to be filed up:
UNITED STATES INTERNAL REVENUE.
Return by Banks. Banking Institutions Trust companle.
ss,l ' s % Ca. T' 2ss Tss Rsr Ma
Companies and all other Corporations compan.es Or
sS,'a@s' %S1s ' sns S A"su
or before The nr,t Monday OF March. 1903. and the
da s .; july Js S''S se tue '''' ''''' ~ "''
3 , sal, I" the G:." sya Of renders a"d to
owing q all gains. prohi, incom. received BY
IS to he day Of s! 1884, ssh
inclusive puisuani to the provisions OF the Internal
''f;s is:. Or : an, s. ::'
From interest coupons. due paid
any bonds OF other evidences OF In
| deDtedness Of any corporation. company,
From Dividends or niere., on the stock ''
capital, deposits Of ans corporation.
company. or association NEUTRALITY-SUSPICIOUS..
From undivided profits Of corporation,
| companf association
| FROM pre- MUM bonds stocks. notes. orf
'ouPohN
y from commissions. or percentages.
J ~ from interest On notes. bOnds. other So
curies Of the United States. except xu, b
bonds ~ the United States the principal
and interest of which exempt from
Federal taxation.
from Interest received accrued on all
: notes. bonds, other forms
~ 'ndeb edn-ss not included IN the fore
toHH items.
% From forts realized within the year from
sdIcs y. real estate purchased since DE
'~mber III. 1897.
~ From ien;s received accrued .
! ii From all enumerated
/ specifying samej. Viz: