The Hawaiian gazette., 1902-06-27
MUST PAY
INCOME TAX

ert year musi 1Eain he made by th
citizens uf tfe rrrui1iy durlue Dol.
month uf luiy Treasurer Wnrhi iu
sent out such Notices tn 600 tho A.
seasons of the Islands. and ny Au
thurity" advpri isemcnts are publ she.
tor the fret time to-day
Citizens nf the Territory who pal,
their income tax last November undp.
protest. expecting 10 secure rofunt
~ their money when the supreme Cour|
Knocked oui the law. were disagree.
ably surprised when that body upheld
the action ~ the Legislature ln iti
more important details. Then hop,
arose again when the commercial bod
les Of the city announced their inten.
ton Of appealing to the United States
supreme Court, attorneys assuring
them that the statute would undoubt-
edly be Killed in the highest court OF
the land. The failure to perfect tho
appeal has, however left the law still
on the statute books and Treasurer
Wright is going ahead on the sound
theory that the law is good until PROV
en- otherwise. The notices published to-
day that returns must again be made
viii come as a rather unwelcome sur
prise to the people who believed that
the income tax paid in November
would be the last collected Cat least for
year,, as the Supreme Court of the
United States would declare the law
Invalid. No appeal has been taken
though Ii would not be surprising il
such action would now be taken.
The income tax hits oahu Island the
hardest, as the returns for all sugar
plantations must be made to Assessor
Pratt in this city. Last year the col
lections In Honolulu were $2J2, Il.
which was nearly one-thrd of the to-
tai tax collected on the island. The
tax collected on Oahu from all sources
last year was 1922 ,SI2Ol, and the tax
OFFICIALS expect the total to be larger
TINS year. They anticipate, however,
reduction i'm the amount Of the in
come tax collections because of the
iact that number of the plantations
have been rather backward in the mat
ter OF paying dividends this year. Slack
business and lower rents is also given
ny sficiais as reason why the in
come tax returns will be smaller this
year than before.
Enough the per cent tax is assess
able only against persons receiving an
Income Of mere than $1,000 per annum
RETURNS must be made to the Assessor
BY all persons in the Territory receiy-
iHs an income in excess of 5000. This
VIII include the majority of people in
the Islands and the Assessors promise
to have busy time during the month
or July when all returns must be in.
The following are the provisions of
the law governing returns:
Section 6. II shall be the duty of All
persons Of lawful age having an income
OF $3.50 or more for the preceding year
from all sources and of all corpora-
tione made liable to income tax TO
make and render a list or return. be-
tween the Grst and thirty first DAYS of
July or each year, in such form as the
treasurer of the Territory may erect.
to the Assessor of the Division in
which such persons or corporations re-
side, locate or do business of the
amount OF their or its income, gains
and profits as aforesaid: and all
guardians, trustees. executors. admin
lstrators, agents, receivers, and ali cor
porations or persons acting in fidu-
ciary capacity, shall make or render
list or return as aforesaid to the as
SCISSOR OF the division in which such
person or corporation acting in a fidu-
ciary capacity resides or does business
of the amount of income, gains and
profits of any minor or person for
whom they act, and the assessor shall
require every list or return to b. veri-
fed by the oath or affirmation of the
person or authorized officer of the cor
poration making the same.
III any person or corporation refuse
or neglect To render such return within
the time required as aforesaid, or rem
ders return which in the opinion of
the assessor is false and fraudulent or
Rn nt tnx gt,,ta II
be lawful for the assessor to summon
such person, or any of the officers of
such corporation or any person having
possession, custody or care of books
of accounts containing entries relating
to the business of such person or cor
pOration, or any other person he may
deem proper, wherever residing or
found, to appear before him and pro-
duce such books at a time and place
named in the summons, and to give
testimony or answer interrogations I'M
der oath respecting any income liable
to tax or the returns thereof. False
wilful testimony given before such as
SCISSOR shall be deemed perjury and
punishable as such.
SPECIAL RETURN OF CORPORA
TIONS.
Section 5. Every corporation doing
business for profit in the Territory
sHaiI MAKE anu TeHueT 10 the dSSeSsOT
Of it's tax division, between the first
and thirty-first days of July, of each
year, beginning with the year 1901. a
full return verified by oath or affirma-
ton of its duly empowered officer. in
such form as the Treasurer of the Ter
ritOry may prescribe. of all the follow
ing matters for the whole twelve
months ending June Goth last preced-
ing the date Of such return
First The gross receiDtS of Sllch
poration from sales made at home or
abroad, and from all kinds of business
Of any name or nature;
Second. The expenses of such cor
poratiOn, exclusive of interest, annui-
ties and dividends;
Third. The amount paid on account
of interest, annuities and dividends
stated separately;
Fourth. The amount expended on
permanent improvements;
Fifth. The amount paid in salaries
or compensation of more than 5000 to
each person employed, and the name
and amount paid to each.