260 FORTY-FIRST CONGRESS. Sess. II. Ch. 255. 1870. m:l°;'°g:;§g¤¤ Sno, 13. And be it further enacted, That any person, in his own behaln Smit from infix` or as such fiduciary or agent, shall be permitted to declare, under oath, come tax in any that he, or his ward, beneficiary, or principal, was not possessed of an ind“°"‘°t· come of two thousand dollars, liable to be assessed according to the provisions of this act; or may declare that an income tax has been assessed and paid elsewhere in the same year, under authority of the United States, upon his income, gains, and profits, or those of his ward, beneficiary, or principal, as required by law ; and if the assistant assessor shall be satis lied of the truth of the declaration, such person shall thereupon be exempt from income tax in the said district. Consuls of SEO. 14. And be it further enacted, That consuls of foreign governf°'°*€“ 8°"°"“‘ ments who are not citizens of the United States shall be exempt from any ments exempt . . . . . . . g-,0,,, income income tax imposed by this act which may be derived from their officml ¤¤¤¢,iS &¤· emoluruents, or from property in foreign countries: Pmmfded, That the governments wh1ch such consuls may represent shall extend similar exemption to consuls of the United States. Tax otiltvpo Sec. 15. And be it further enacted, That there shall be levied and colggfbfggosbih? lected for and during the year eighteen hundred and seventy-one a tax of dends or interest two and one half per centum on the amount of all interest or coupons paid Mid b1' °°mi¤ on bonds or other evidences of debt issued und a able in one or more corporations;I Z p. y . . · years after date, by any of the corporations IH this section hereinafter enumemted,and on the amount of all dividends of earnings, income, or gains hereafter declared, by any bank, trust company, savings institution, insurance company, railroad company, canal company, turnp1ke company, canal nliwxgatxon company, and slack-water company, whenever and wherever thel same shall be payable, and to whatsoever person the same may be idue, mcluding non-residents, whether citizens or aliens. and on all undivided profits of any such corporation which have accrued and been earned and added to anysurplus, contingent, or other fund, and every such corporation having paid the tax as aforesaid, is hereby authorized to amount paid deduct and withhold from any payment on account of interest, coupons §;’g_b° Wim and dividends an amount equal to the tax of two and one half per centuni p,,!,,,,,,,, mth, on the same; and the payment to the United States, as provided by law, gpg2dr5g2z2s0T of the amount of tax so deducted from the interest, coupons, and dividends from m%,my_ a£ores3t<i',sl1all discharge the cprporation from any liability for that amount o sm in crest, coupons, or ividends claimed as due to an erson except in cases where said corporations have provided otherwise? by ati ex- Dividends, sm press contract: Provided, That the tax upon the dividends of insurance
- gr;¤§;:’;;*;·¤° companies shall not lbe deemed due until such dividends are payable, either
1,,,,,.8,, pm m money or otherwise; and that the money returned by mutual insurance zgggiggsatpsajn cppnpagnes to their pfolicy holders, and the annual or semi-annual interest d. ., I dl u owe or pm to the depositors in savin s banks or savin in~titutio t, ri(Et;;t;1‘;:l1(;dn¤- shall not be C0¤Sid@red as dividends ; and that when any dividend is mad;
- >¤m_${3;1“;¤; or interest as aforesaid is paid, which includes any part of the surplus or
im,.,,, contingent fund of any corporation wh1ch has been assessed and the tax N(ssf°gnb.n¤s. paul thereon, or which includes any part of the dividends, interest, or ,,08,,}). 387. coupons rccewed from other corporations whose officers are authorized by law to vv1thhold a per centum onlthe same, the amount of tax so paid on Lhatbportton of the surplus. or contingent fund, and the amount of tax which as een withheld and paid on dividends, interest, or coupons so received, Cm { M mag be deducted from the tax on such d1v1dend or mterest. l, ·r . poration? 1; CM mo. 16. Anil be at further enacted, [hat every person having the m,_k°,.,mms,° e or management of any corporation liable to be taxed under the assessors. lust preceding section, shall make and render to the assessor or assistant assessor- of the district in which such person has his office for conducting the busmess of such corporation, on or before the tenth day of the month following that in which any dividends or sums of money become due or mfucgrm erm. p;):tble_as afoxkesaid, a true and complete return, in such form as the rmssxoner o internal revenue may prescribe, of the amount of in,
