Year: 1865

For the benefit of taxpayers, we collate
some important decisions, rulings and regula,
t;ons Of the Treasury Department


ssWhere party holds an unexpired permit
70 trade. granted by any authorized agent OF
The Government, civil or military, and IS
assessed for a license tax as dealer, collectors
81 internal revenue will receive such permits
in mart Of entire satisfaction Of the license tax
assessed ;.
ssAnnlications for heremission of penalties
;mnosed in courts of the United States must
he made directly to the Secretary OF the Trea
sury. !, 90
act Of June 80, 1864, as amended, to pay their
dnt;ps on or before the 3Oth of each month,
without notice. Section 81 allows dlstralnt
only on failure to pay within ten days after
demand.


';When license is applied for, which is to
be entered and returned upon the annual llst
and is certified to the collector, finding recep-
tion of the annual list, he may make out the
license and notify the party that it is ready for
him; but he cannot dist1ain until the annual
list is returned to him and all the formalities
prescribed in connection Herewith have been
complied with, although if the party should
refuse to take the license be might oe liable
for doing business without a license 1t a
license tax cannot be entered upon the annual
list, but is In consequence returned upon a
special list, demand may be made Immediately
upon the receipt OF each special list, and dis
traint follow in the prescribed time.


'sIn the case of a subscription list, where
the heading inVolVesa promise to pay thesums
annexed, the party signing is liable to the stamp
duty reuuirea On promissory notes unless he
cav the amount annexed to his name at the
time Of signature, in which case the sign
ing of his name should be regarded
as q mere part of a memorandum. =
Where the heading Of the list involves con
dition on which the subscribers will pay the
sums annexed to their names, then such sigma
ture isheld to create an agreement, and Is sub
ject to.a duty of five cents.


"Where, in the sale of lands by State or
county authorities for taxes, the purchaser is
required to pay expenses Of sale transfer,
conveyance made to such purchaser would Fei7
quire stamp, since the expense thereof Would
fall on the grantee but where the State Or
county would be subject to duty on a, convey.
ance, it is.held that such duty is DOT due and
no stamp required


Where's bond is secured by two mortgages,
the stamp duty required to validate all the in.
struments will be doubled (if governed by the
mortgages, when it would have been IN the
case of one mortgage. II, however the stamp
appropriate to bond be affixed to the same,
then the bond will be valid, though the mort,
gage might not be-


The Commissioner of Internal Revenue de
cides that the attorney or agent Of the drawer
of a check may af6x stamp thereto, and
cancel the same if duly authorized SO: to do,
such drawer being absent But the Initials OF
the drawer should be used. 1t check IS J,
used before the stamp is affixed and cancelled,
the user is liable to penalty, consequently the
attorney or agent should afiix and cancel the
stamp before use thereof.


The National Inteligencer of this morning
says;-'sIt is of the utmost importance that
military low cb al ho eunarsada1 as fast as