Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-05-04

each taxation period thereafter mentioned in Section 127s
being in lieu of the
Provided further that where allowable under this Chapter,
only deduction of Five Hundred Dollars for the first
ton period and thereafter One thousand Dollars for each taxa
ton period shall be made from the aggregate annual income Of
all the members of family composed of both parents
and minor children, husband and wife, that
guardians shall be allowed make deduction in favor of
each and every ward except where wards
prised in family in which the aggregate deduction in
their favor shall exceed Five Hundred Dollars for the first
taxation period and One Thousand Dollars for each taxation
period thereafter.
Provided further that assessing the of any person
corporation there shall be included the amount received
from any corporation dividends upon the stock of such cor
poaton if the of two per cent has been assessed the
profits of such corporation required by this Chapter
any requests inheritance otherwise taxed as such
SECTION g. Section 1899 of the Revised Laws of Hawaii
hereby amended so to read as follows:
"Section 1899. Corporation Returns Every corporation
doing business for profit in the Territory shall make and
der the Assessor of its DIVISION between the first and
days of January in each year. beginning with the
wear 1906 full verified by oath affirmation of its
duly empowered officers in such form the Treasurer OF the
Territory may prescribe of all the following matters for the
taxation PERIOD ending December 3s next preceding the date
of such return whether that period be the first taxation period
any succeeding taxation PERIOD
First: The gross receipts of such corporation from sales
made home abroad and from all kinds of business of any
nature;
Second The expenses of such corporation exclusive of in
terest, annuities and dividends;
Third: The amount paid account OF interest," annutes
and dividends stated separately;
Fourth: The amount expended on permanent improve
ments;
Fifth: The amount paid in salaries compensation of
than Three Hundred Dollars each person employed during
the first taxation PERIOD and of than Six Hundred Dol
lars for each person employed during each taxation period
thereafter, and the name and amount paid to each
SECTION Section 1888 of the Revised Laws of Hawaii
is hereby amended to read as follows:
"Secon 1888 Individual Returns shall be the duty of
all persons of lawful age having income OF Five Hundred
Dollars more for the first taxation period and having
income of One Thousand Dollars for any taxation
period thereafter from all and of all corporations made
hay
the first and thyr days of January of each in such
form the Treasurer of the Territory may direct to the Asses
of the Lewiston in which such corporations re-
side do business of the amount of their its ncom
gains and profits aforesaid and all guardians trustees ex
ecutors administrators agents. receivers and all corporations
persons acting in fducary capacity shall make or render
list aforesaid to the Assessor of the division in
which person corporation acting hduciary capacity
resides does business of the amount of income gains and
profits of any minor or person for whom they act ana the
Assessor shall require list return to be verified by tho
oath affirmation of the person authorized officer OF the
corporation making the
If any person corporation refuses negec to render
such return within the time required aforesaid renders
which in the opinion of the Assessor is false and fraud
uent and contains understatemen it shall be lawful for
the Assessor such person. of the officers of
such corporation person having possession custody
of books of containing entries relating the bus
mess Of corporation any other he
deem proper wherever residing found appear before him
and produce such books time and place named in the
MONS and to give testimony or answer nterrogaons under
oath respecting any income liable the returns thereof
False wfu testimony given before such Assessor shall be
deemed PERU and punishable SUCH"
Sect. Section 1886 of the Revised Laws of Hawaii
is here "a read as follows:
"' .-,e. Appeal Any person corporation who
wh..- made legal return aforesaid may appeal from
the essed the Tax Appeal Court constituted under
Chapter 0S in like allowed in of property
appeals and the ad court authorized hear and determine
such appeals subject the revision of the Supreme Court
provided in the of property Where the words va
uaton of property" similar words in said Chapter
concerning such appeals the of taxable income
shall be understood in all proceedings regard appeals from
judgments in income tax matters Any
corporation appealing from the of the Assessor
shall lodge with the Assessor before the fifteenth day of
May of each year, notice in writing of his intention appeal
and the grounds of such appeal and deposit with him the costs
of appeal prescribed in of property which costs
shall be subject the regulations prescribed in said Chapter
The said Tax Appeal Court shall sit for hearing appeals
under the authority of this Chapter between the fifth and
tweny-ffh days of July of each year."
Sof tbo lava Of Hawai-