Page:United States Statutes at Large Volume 14.djvu/169

 THIBTY—NINT H CONGRESS. Sess. I. Ch. 184. 1866. 139 interest, or any such company that may have declared any dividend in ot‘ra¤rpad,cm91.l, scrip or money due or payable to its stockholders, including non-residents, ;':‘:§;t;;n‘i°:¤d whether citizens or aliens, as part of the earnings, profits, income, or gains ,],,,,§’.w,m, of such company, and all profits of such company carried to the account companies. of any fund, or used for construction, shall be subject to and pay a tax of five per centum on the amount of all such interest, or coupons, dividends, _ or profits, whenever and wherever the same shall be payable, and to gm crux, whatsoever party or person the same may be payable, including non-resi- p dents, whether citizens or aliens; and said companies are hereby authorized to deduct and withhold from all payments on account of any interest, _0ompanies to or coupons, and dividends, due and payable as aforesaid, the tax of five Fgzltgld 3*; per centum; and the payment of the amount of said tax so deducted ,,,,,,,,,,_ P from the interest, or coupons, or dividends, and certified by the president _Paymcnl=t¤ or treasurer of said company, shall discharge said company from that  gg"; amount of the dividend. or interest, or coupon on the bonds or other evi- dsimdusss. dences of their indebtedness so held by any person or party whatever, except where said companies may have contracted otherwise. And a list or return shall be made and rendered to the assessor or assistant assessor on Begum, when or before the tenth day of the month following that in which said interest, tv   read; ta coupons, or dividends become due and payable, and as often as every six ;;§§:S°r’ °° mx months ; and said list or return shall contain a true and faithlhl account of the amount of tax, and there shall be annexed thereto a declaration of to sm.-, what, the president or treasurer of the company, under oath or afiirmation in ¤¤dh0WV¤'i6°d· form and manner as may be prescribed by the commissioner of internal revenue, that the same contains a true and faithful account of said tax. And for any default in making or rendering such list or return, with the Penalty for declaration annexed, or of the payment of the tax as aforesaid, the com- gsfflglfujg ;‘“k‘ pany making such default shall forfeit as a penalty the sum of one thou- pagqneut; sand dollars; and in case of any default in making or rendering said list m SMU ¤¤S¤ or return, or of the payment of the tax or any part thereof, as aforesaid, 2$$§£,?t,;°%,, the assessment and collection of the tax and penalty shall be made accord- accerdingtogsning to the provisions of law in other cases of neglect or refusal. ***1 P"°VlSi°”· That section one hundred and twenty-two be further amended by adding thereto the following proviso: Provided, That whenever any of the 1:71;,,.,5,1.,], companies mentioned in this section shall be unable to pay the interest on ¤°mP¤¤l¤S 8*6 their indebtedness, and shall in fact fail to pay such interest, that in such gxgtliiltgolyg, cases the tax levied by this section shall not be paid to the United States interest on that until said company resume the payment of interest on their indebted- f);l;hé*:1fu§’1°g‘;° ness.' That section one hundred and twenty-three be amended by striking out section mg, all after the enacting clause and inserting in lieu thereof the following . Past, p. 480. That there shall be levied, collected, and paid on all salaries of officers, hx on thsin or payments for services to persons in the civil, military, naval, or other f8;"Z?`fi§*£‘3‘?tL" employment or service of the United States, including senators and rep- rv_ 0,- ,,,{,-ali;,,-I resentatives and delegates in Congress, when exceeding the rate of six €i¢¤<>f¢h¤U¤it¤d hundred dollars per annum, a tax of live per centum on the excess above bm°s' the said six hundred dollars, and a tax of ten per cent on the excess Rate oftax. over five 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, or upon settling and adjusting the accounts of such Amolgnt to be officers or persons, to deduct and withhold the aforesaid tax, and they d¤¤[¤¤•=9d· shall, at the same time, make a certificate stating the name of the officer bBi:;:,'§fgg°s;;, or person from whom such deduction was made, and the amount thereof, to office of comwhich shall be transmitted to the office of the commissioner of internal ’“i”l°“°'· revenue, and entered as part of the internal tax; and the pay-roll, re- f,°"·"· Pi,‘8°· ceipts, or account of officers or persons paying such tax, as aforesaid, shall shodysnigh gy. be made to exhibit the fhct of such payment. And it shall be the duty ¤¤¤¤*- of the several auditors of the Treasury Department, when auditing the Auditors, in