Page:United States Statutes at Large Volume 28.djvu/586

FIFTY-THIRD CONGRESS. Sess. II. Ch. 349. 1894. 557 or societies composed of members who do not participate in the profits thereof and which pay interest or dividends only to their depositors ; nor to that part of the business of any savings bank, institution, or other similar association having a capital stock, that is conducted on the mutual plan solely for the benefit of its depositors on such plan, and which shall keep its accounts of its business conducted on such mutual plan separate and apart from its other accounts. Nor to any insurance company or association which conducts all its c0“j“3;j_ *¤¤¤¤¤°° business solely upon the mutual plan, and only for the benefit of its P ' policy holders or members, and having no capital stock and no stock or shareholders, and holding all its property in trust and in reserve for its policy holders or members; nor to that part of the business of any insurance company having a capital stock and stock and shareholders, which is conducted on the mutual plan, separate from its stock plan of insurance, and solely for the benent of the policy holders and members insured on said mutual plan, and holding all the property belonging to and derived from said mutual part of its business in trust and reserve fdr the benefit of its policy holders and members insured on said mutual p an. That all State, county, municipal, and town taxes paid by corpora- Taxwincluded in tions, companies, or associations, shall be included in the operating and ”°“’°"°°“ °“’°“"“‘ business expenses of such corporations, companies, or associations. ‘ Sec. 33. That there shall be levied, collected, and paid on all salaries ufcr ¤¤ G•>v¤¤·¤m¤>¤¤ of officers, or payments for services to persons in the civil, military, ° mw naval, or other employment or service of the United States, including Senators and Representatives and Delegates in Congress, when exceeding the rate of four thousand dollars per annum, atax of two per centum on the excess above the said four thousand dollars; and it shall be the duty of all paymasters and all disbursing officers under the Government of the United States, or persons in the employ thereof, when making any payment to any officers or persons as aforesaid, whose compensation is determined by a fixed salary, or upon settling or adjusting the D,,,,,,,,,,,,,, by djs_ accounts of such officers or persons, to deduct and withhold the afore· hmm: <>¤H¤¤r¤- said tax of two per centum; and the pay roll, receipts, or account of officers or persons paying such tax as aforesaid shall be made to exhibit the fact of such payment. And it shall be the duty of the accounting Accounts. officers of the Treasury Department, when auditing the accounts of any paymaster or disbursing officer, or any officer withholding his salary from moneys received by him, or when settling or adjusting the accounts of any such officer, to require evidence that the taxes mentioned in this section have been deducted and paid over to the Treasurer of the United States, or other officer authorized to receive the same. Every corporation which pays to any employee a salary or compensa- §_;{¤;¤i¤¤ reid by ¤¤r- tion exceeding four thousand dollars per annum shall report the same °° °°°' to the collector or deputy collector of his district and said employee shall pay thereon, subject to the exemptions herein provided for, the tax of two per centum on the excess of his salary over four thousand dollars: Provided, That salaries due to State, county, or municipal officers §¤>vi¤¤£i shall be exempt from the income tax herein levied Imp °”' Sec. 34. That sections thirty-one hundred and sixty~seven,thirty-one 1z.s.,Bs¤.a1sv,p.cos, hundred and seventy-two, thirty-one hundred and seventy-three, and "‘“°“°°°‘ thirty-one hundred and seventy-six of the Revised Statutes of the United States as amended are hereby amended so as to read as follows: _ _ _ Sec. 3167. That it shall be unlawful for any collector, deputy col- ,_,£“`,,';f,·‘g}Q§d"{,§,*Q;j lector, agent, clerk or other officer or employe of the United States emsomtmuniswsm. to divulge or to make known in any manner whatever not provided by law to any person the operations, style of work or apparatus of any manufacturer or producer visited by him in the discharge of his official duties, or the amount or source of income, profits, losses, expenditures, or any particular thereof, set forth or disclosed in any income return by- any person or corporation, or to permit any income ret urn or copy thereof or any book containing any abstract or particulars thereof, to be seen