About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

Joint Resolutions approving the Policy of the President of the United States, in reference to the Reconstruction of the Union. 1865 57 (1865.12)

handle is hein.slavery/ssactsva0852 and id is 1 raw text is: ASSESSMENT OF TAXES. sand dollars, he shall be allowed one-fourth of one per centum on such excess; which commission shall be paid out of the treasury, by warrant from the auditor of public accounts. lhat is capital in licensed business. 76. Capital invested in any trade or business, in respect to wn,,,t in capitni which a license has been issued and taxed, and by reason In licnsled bus i thereof exempt from taxation, shall be held to consist of the money employed in the necessary, actual and active opera- tions of the business, and the goods, wares and merchandise which are the subjects of sale under a lisense, and such other capital as may be named and exempted in specified cases, if any; hut credits, other than those accruing from the licensed business, within the year or licensed term, anrd the year next preceding, shall in no case he held to be capital; nor shall moneys, not used as in this section specilied, he held to he capital; nor shall credits be ollet against debts created in the course of such trade or business until such debts are taxed as credits. Shoriffs and collectors to report licenses. 77. Every sheriff and every sergeant of a corporation who slerifrfn, ol is collector of the public taxes, shall note and keep a memo- c,,o,. to report randmn of every omission or violation of duty of every corn- lienes missioner of the revenue which he discovers; and he shall report in writing, on oath, to the commonwealth's attorney and to the anditor of public accounts all such omissions and violations of duty. If none be discovered by him, he shall in like manner make report thcreof. For a failure to make such report, all commissions and other compensation allowed hiim for the collection of the taxes anrid other public dues, shall be withheld until such report is made, or tile fhilure to make the same satisfactorily accounted for to the auditor of public accounts. Rcdress against erroneous assessment. 78. Any person assessed with a license tax, aggrieved Itedres. ngnlnmt thereby, may, within two years after such assessment, ap ply sL'oiclt- for relief to the court in which the commissioner gave bond and qualified. The attorney fbr the commonwealth shall de- fend the al)plication ; and no order made in favor or the applicant shall have any validity, unless it be stated on the face thercof that such attorney did defend it; that the com- missioner or his successor was examined as a witness touch- ing the application, ant the facts proved be certified. 79. If the court he satisfied that the applicant is erro- A s.mnent, neously charged with taxes, and that the erroneous assess- low .or...ed ment was not caused by reason of the failure or refusal of the al)l)licant to furnish the commissioner, on oath, the neces- sary information, such as the law requires, it may order that the assessment be corrected by increasing or diminishing time 8

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most