Page:United States Statutes at Large Volume 16.djvu/291

FORTY-FIRST CONGRESS. Sess. II. Ch. 255. 1870. 257 barges and flats ; on legacies and succcssions; on passports; and on gross lggggggfg §‘g’,j,° receipts. · ‘ SEO._4. And be it further enacted, That on and after the first day of t 0mm" mm? October, eighteen hundred and seventy, the stamp tax imposed in schedule 3x?,,:; $8;;;,, B on promissory notes for a less sum than one hundred dollars, and on Post, p. 275. receipts for any sum of money, or for the payment of any debt, and the stamp tax imposed in schedule C on canned and preserved fish, be, and the same are hereby, repealed. And no stamp shall be required upon the M<>¤‘*g¤8<>¤· transfer or assignment of a mortgage, where it or the instrument it secures has been once duly stamped. And the proprietor or proprietors Commissions of articles named in said schedule C, who shall furnish his or their own *°.°‘;"“‘gfl£,_ die or design for stamps to be used especially for his or their own pro- jifsschgdule prietary articles, shall be allowed the following commissions, namely: On C. amounts purchased at one time of not less than fifty dollars nor more than five hundred dollars, five per centum; and on amounts over five hundred dollars, ten per centum on the whole amount purchased: Provided, That _ Matches, cigar lucifer or friction matches, and cigar lights, and wax tapers, may be re- ffggfg ;‘;‘,;iy’{)’;‘ moved from the place of manufacture for export to a foreign country removed from, without payment of tax, or afiixing stamps thereto, under such rules and &9t} ¤"0¤‘t¤>gL$><>1”¤i regulations as the commissioner of internal revenue may prescribe ; wl mu ’ °' and all provisions of existing laws inconsistent herewith are hereby re ealed. [Sec. 5. And be it further enacted, That section one hundred and fifty- Penalty for eight of the act entitled "An act to provide internal revenue to support ;’;;‘,’;‘§l·g"§,‘;“€· the government, to pay interest on the public debt, and for other pur- my ,,,,S,§,,,,,,e,, poses," approved June thirty, eighteen hundred and sixty-four, as ingpgigrrégggmv amended by section nine of the internal revenue act, approved July thir· zquim ,0 bc teen, eighteen hundred and sixty-six, be, and is hereby, amended ‘by emmpeeymedg. striking out the words " fifty dollars " in the second proviso, andinserting 5§‘;h6 ch 184. in lieu thereof the following: “ double the amount of tax remaining un- VOL ,{,,,_ ,,, ,4, paid, but in no case less than five dollars "; also, by striking out the words _ Time for ntnx- " sixty-six " in the third proviso, and inserting in lieu thereof the words gg j§;‘,“;§c‘;('$;’_ " seventy-one "; also, by striking out the words *‘ sixty-seven " in the last ,g,e_ extended, proviso, and inserting in lieu thereof the words " seventy-two_." Sec. 6. And be it further enacted, That there shall be levied and col- twanggrpeg Iected annually, as hereinafter provided, for the years eighteen hundred er cw, to be and seventy, and eighteen hundred and seventy-one, and no longer, a tax ijevged res the of two and one half per centum upon the gains, profits, and income of ;’§_?{¤ ;E&°n=;¤d every person residing in the United States, and of every citizen of the Iongéh United States residing abroad, derived from any source whatever, whether within or without the United States, except as. hereafter provided, and a. like tax annually upon the gains, profits, and income derived from any business, trade, or profession carried on in the United States by any person residing without the United States, and not a citizen thereof, or from rents of real estate within the United States owned by any person residing without the United States, and not a citizen theéi; 7_ And be tgfmgher gnggted, That in estimating the gains, profitsé ing:\;;t¤‘¤;¤£;;¤g esa income of any person, there shall be included all income d<-mveu ,,,,,,,,,,,,,,,,_ from any kind of property, rents, interest received·or accrued ulpona notes, bonds, and mortgages, or other forms of indebtedness earing interest, whether paid or not, if good and collectable, giterest upon? notes, bonds, or other securities of the United States; and .t e amopnt o all premium on gold and coupons; the gains, profits, and incopnpyo apy business, profession, trade, employment, office, or vocation , ing u ings y amount received as salary or pay for services in the oivi, mira-ry, naval, or other service of the United States, or as sefngtor, repipesipntapégg or delegate in Congress; except that portion thereo po? Bw I;. gg1mm authority of acts of Congrless previous hereto, a tax 0 v P vcr,. xvr. PUB -—