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Internal Revenue

Internal Revenue image
Parent Issue
Day
8
Month
March
Year
1888
Copyright
Public Domain
OCR Text

TO BKDUCE UI' - WASHINGTON, M::rch 7. - Tb'' new interna!revenue bill was submitted by the Democratie majority of the W.iys :m.l Meuns Committet t-o the full oommittee jvsierday. It beeins by removin? tlic t;.x f rom tobaco on July 1, 1888, after whteh date manufacturen of cigars wi'.i pay a special tax of threc dollar eacli. and dealen m tobáceo shall each puy one dollar annually as a special tax. Drawbacks rebuled to the full amount oí the tax will be Bllowed on original and unnrokcn pack ajres held by manufacturrrs ana dealers on July 1. The statute and all the laws imposing restrictkms iipon the tale of lesf tobáceo aro repealed. Wherever minimum puntinments are laid down lor infractions of internal-revenue laws in the statuets they are abolished. and it is lei in the diserction of the c-uurt to rix the punishraent, not exceeding the maximum limit tixed by the statutes. Warrants under the internal revenue laws, lipon amdavit making charges upon information and belief, shall only issue wben tb affidavit is made by a collector or deputy collector; with this exception warrants will only be issucd on a sworn complaint setting forth the facts anl alleKlng them to be within the personal knowledge ol the amant. Fes to court oflicers in prosöcutions under the internal-revenue lawi; thall only be paid in cases where a conviction :s secured, or wherein th' district approves of the prosecution, or wherein the prose cution befan with information or indictment. Persons arrested upon warrants under the intrnal-revenuc laws must be taken before a cieslftnated judicial ofiieer in the county of arrest, or if there be none. in another county rearest the county of arrest, and this judicial officer sha li have power to make the preliminary examiuation and discharge, admit to irail, or commit to pnson the person arrested. This sectior. does not apply to the Indian Terrltory. The Commissioner of Internal Rcrenne, with the approval of the Secretary of the Treasury, niay compromiso civil or criminal cases and reduce or remit fines, penalties or assessments under the interual-revenue lawi, When the returns are not madfl or are made iraudulently the collector may enter the prero.scs of any one haVillg taxable property and p-epare a t.ix returti apon whteh the tax shall be assesM'il with a penalty ol 36 per cent. and interest at 10 {,-r cent. Ali fruit tiramlies made trom any fruit are brought under ihe provisions of the act of Warch "i, 1887. "Whcn a ii,-r Uery la scized the mac.hinery and appttratui must be Bold without being muülated or destroyed. D.stillerics which masb Ie than twenty-five oushels of gTain per dav shall be taxed upon their capacity. and may be operated without store-keeper or gauger. Special warehouses may be e6tabiished where the product of any designated number of thosc distilleries may be deposited. which product shall then bec-ome bubject to the customary laws. All special taxes on manufacturers of stills, retail dealers in liquors and ïetail dealers in malt liquors are repealed. The act provides that it shall go into effect JulJ', 1888. The total reduction in revenue made by the act is about $5,000, OtKI, made up of $20,000,000 on tobáceo and $.",000,000 on the special taxes removed. The Democratie niembers of the Ways and Means Committe have resolved to add this bill to the Mills Tariff bill, making it au integTal part of the seheme lor revenue reduction. The total reduction by the two bilis wiJl be about $7.", 000, 000.

Article

Subjects
Old News
Ann Arbor Register