tiquated roof and the substitution of a more modern one, raising the walls to conform thereto, this would be "an improvement" of the property, and could not be deducted from the income. A foreign consul residing in this country is liable to excise duties, and also to income tax, except as to rents derived from real estate not within our jurisdiction. The Shaker Institution at New Lebanon (and probably other Shaker establishments) is allowed to deduct $1,000 for each male covenanting member, these being about one-fifth of the whole community. The rate of taxation (whether three or five per cent.) to which an income is subject, will be determined by the net amount after those deductions are made which have been specified, but the rate must be determined before the $1,000 allowed by law is de ducted. All persons neglecting or refusing to make return of income, except in case of sickness, are liable to an addition of fifty per cent. to the amount ascertained by the assistant assessor upon such information as he can obtain, and to a fine of $100. Income returns are to be made out in the month of March, and the income tax is to be paid before the thirtieth day of April, following, under a penalty of five per cent. additional. All papers necessary to be used for the collection from the Government of claims by soldiers or their legal representatives of the United States, for pensions, back pay, bounty, or for property lost in the service, require no stamps. Internal Revenue Stamp Duties. Stamp Duty. Acknowledgment of Deeds. (Sco domestic and inland bills of lading, and those specified in this schedule; any appraisement of value or damage, or for any other purpose; for every sheet or piece of paper upon which either of the same shall be written... Provided, That if more than one appraisement, agreement or contract, shall be written upon one sheet or piece of paper, five cents for each and every additional appraisement, agreement, or contract. $0.05 Applications for Bounties......Exempt. Applications for Pensions......Exempt. Assignment, of lease, stamp duty the same as on original instrument, increased by stamp duty on the consideration or value of the assignment equal to that imposed upon the conveyance of land for similar consideration or value. (See proviso to "Mortgage.") Assignment or transfer of mortgage, or policy of insurance, or the renewal or continuance of any agreement, contract, or charter, by letter or otherwise, is subject to the same duty as the original instrument. (See proviso to "Mortgage.") Assignment, ordinary, as of bond, without guaranty. ...Exempt. Bank Check, draft, or order for the payment of any sum of money whatsoever, drawn upon any bank, banker or trust company, or for any sum exceeding $10 drawn upon any other person or persons, companies or corpoations, at sight or on demand.. Bill of Exchange (inland), draft or order for the payment of any sum of money, not exceeding $100, otherwise than at sight or on demand, or any promissory note (except bank notes issued for circulation, and checks made and intended to be forthwith prosented, and which shall be pre 02 Stamp Duty. sented to a bank or banker for payment), or any memorandum, check, receipt or other written or printed evidence of an amount of money to be paid on demand, or at a time designated, for a sum not exceeding $100. And for every additional $100 or fractional part thereof in excess of $100..... Bill of Exchange (foreign), or letter of credit, drawn in but payable out of the United States. If drawn singly or otherwise than in a set of three or more, according to the custom of merchants and bankers, shall pay the same rates of duty as inland bills of exchange or promissory notes. If drawn in sets of three or more, for every bill of each set, where the sum made payable shall not exceed $100, or the equivalent thereof, in any foreign currency in which such bills may be expressed, according to the standard of value fixed by the United States. And for every additional $100 or fractional part thereof in excess of $100.... [The acceptor or acceptors of any bill of exchange or order for the payment of any sum of money drawn, or purporting to be drawn, in any foreign country, but payable in the United States, shall, before paying or accepting the same, place thereupon a stamp indicating the duty upon the same, as the law requires for inland bills of exchange, or promissory notes; and no bill of exchange shall be paid or negotiated without such stamp; and if any person shall pay or negotiate, or offer in payment, or receive or take in payment, any such draft or order, the person or persons so offending shall forfeit the sum of $200. 80 05 Bill of Lading or receipt (other than charter party), for any goods, merchandise or effects to be exported from a port in the U. S. to any foreign port, but not to or from ports in British N. America 0 10 Bill of Sale by which any ship or. Stamp Duty. vessel or any part thereof, shall Exceeding $1,000, for every additional amount of $500, or fractional part thereof.. Bond, for indemnifying any person for the payment of any sum of money where the money ultimately recoverable thereupon is $1,000 or less.. Where the money altimately recoverablo thereupon exceeds $1,000, for every additional $1,000 or fractional part thereof in excess of $1,000.. Bond for the due execution and performance of the duties of any office Bonds of any description, other than such as may be required in legal proceedings, or used in connection with mortgage deeds, and not otherwise charged in this schedule...... Bond and Mortgage. (See "Mortgage.") Bounty Applications. (See Exemptions.) Certificate of Stock in any incorporated company... Certificates of Profits, or any certificate or memorandum showing an interest in the property or accumulations of any incorporated company, if for a sum not less than $10 and not exceeding $50. 0 10 Exceeding $50 and rot excceding $1,000.. Exceeding $1,000, for every additional $1,000 or fractional part thereof.. 25 25 of Certificate.-Any certificate damage, or otherwise, and all other certificates or documents issued by any port warden, marine surveyor, or other person acting as such.. Certificate of Deposit of any sum of money in any bank or trust company, or with any banker or person acting as such: If for a sum not exceeding $100 If for a sum exceeding $100... Certificate of any other descrip. tion than those specified [N.B.-As a general rule, every certificate which has, or may have, a legal value in any court of law or equity, will require a a stamp duty of 5 cents.] Stamp Duty Certificates of measurement of wood, hay, coal, live stock, etc. (See Exemptions.) Certificate of Record of Deed. (See Exemptions.) Charter Party.-Contract or agreement for the charter of any ship or steamer, or any letter, memorandum, or other writing between the captain, master or owner, or person acting as agent of any ship, or vessel, or steamer, and any other person or persons for or relating to the charter of such ship or vessel, or steamer, or any renewal or transfer thereof, if the registered tonnage of such ship, vessel or steamer, does not exceed 150 tons.. Exceeding 150 tons and not exceeding 300. Exceeding 800 tons, and not exceeding 600 tons.. Exceeding 600 tons. & 00 5.00 1) 00 Contract. (See "Agreement.") Contract.-Brokor's note or memorandum of sale of any goods or merchandise, exchange, real esstate, or property of any kind or description issued by brokers or persons acting as such, for each note or memorandum of sale.... 0 10 Bill, or memorandum of the sale or contract for the sale of stocks, bonds, gold or silver bul. lion, coin, promissory notes, or other securities, shall pay a stamp tax at the rate provided in section 99. Conveyance, deed, instrument or writing, whereby any lands, tenements, or other realty sold, shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other persons, by his, her, or their direction wher the consideration or value of the interest or property conveyed does not exceed $500.. 50 25 When the consideration or val. ne exceeds $500, and does not exceed $1,000.. 1.00 And for every additional $500, or fractional part thereof in excess of $1,000........ [N.B.-In convoyance of real estate, the law provides that the stamp affixed must answer to the value of the estate or interest conveyed. No stamp is required on any warrant of attorney accompany. ing a bond or note, when such bond or note has affixed thereto Stamp Duty. the stamp or stamps denoting the duty required; and whenever any bond or note is secured by mortgage, but one stamp duty is required on such papers, such stamp duty being the highest rates required for such instruments, or either of them. In such case, a note or memorandum of the value or denomination of the stamp affixed should be inade upon the margin or in the acknowledgment of the instrument which is not stamped.] Entry of any goods, wares or merchandise, at any custom-house, either for consumption or warehousing, not exceeding $100 in value.. Exceeding $100, and not exceeding $500 in value... Exceeding $500 in value. Entry for the withdrawal of any goods or merchandise from bonded warehouse Insurance (Life).-Policy of insurance, or other instrument, by whatever name the same shall be called, whereby any insurance shall be made upon any life or lives: When the amount insured shall not exceed $1,000 Exceeding $1,000, and not exceeding $5,000.... Exceeding $5,000. Insurance (Accidental), certificate of. (See Exemptions.) Insurance (Marine, Inland and Fire).-Each policy of insurance or other instrument, by whatever name the same shall be called, by which insurance shall be made or renewed upon property of any description, whether against perils by the sea or by fire, or other peril of any kind, made by any Insurance company, or its agents, or by any other company or per son, the premium upon which does not exceed $10.. Exceeding $10, and not exceeding $50 Exceeding $50.. Lease, agreement, memorandum, or contract for the hire, use, or rent of any land, tenement, or portion thereof, where the rent or rental value is $200 per an num, or less...... Where the rent or rental value exceeds the sum of $200 per annum, for each additional $300 or fractional part thereof in excess of $300..... Stamp Duty [N.B.-Lease of coal and iron lands, subject to duty under head of "Conveyance," perpetual lease, subject to stamp under head of "Conveyance,"-the stamp duty to be measured by resolving the annual rental into a capital sum. Clause of a guarantee of payment of rent, incorporated or indorsed, 5 cents additional.] Letters of Credit. (Sco "Bills of Exchange, foreign.") Letters of Administration. Boo "Probate of Will." Manifest for Custom-house entry or clearance of the cargo of any ship, vessel, or steamer for a foreign port: If the registered tonnage of such ship, vessel or steamer does not exceed 300 tons... Exceeding 800 tons, and not exceeding 600 tons... Exceeding 600 tons.. Mortgage of lands, estate or property, real or personal, heritable or movable, whatsoever, where the same shall be made as a security for the payment of any definite and certain sum of money lent at the time, or previously due and owing, or forborne to be paid, being payablo; also, any conveyance of any lands, estate, or property whatsoever, in trust, to be sold, or otherwise converted into money, which shall be intended only as security, and shall be redeemable before the Bale or other disposal thereof, either by express stipulation or otherwise; or any personal bond given as security for the payment of any definite or certain sum of money exceeding $100 and not exceeding $500.. Exceeding $500, and not exceeding $1,000.. And for every additional $500, or fractional part thereof, in excess of $1,000. Provided, that upon each and every assignment or transfer of a policy of insurance, or the renewal or continuance of any agreement, contract or charter, by letter or otherwise, a stamp duty shall be required and paid equal to that imposed on the original instrument: And provided further, That upon each And every assignment of any lease a stamp duty shall be required and paid equal to that im $1.00 Stamp Duty. posed on the original instrument, increased by a stamp duty on the consideration or value of the assignment equal to that imposed upon the conveyance of land for similar considoration or value. Upon every assignment or transfer of a mortgage the same stump-tax upon the amount remaining unpaid thereon as is herein imposed upon a mortgage for the saine amount. Passage Ticket, by any vessel from a port in the United States to a foreign port, Lot exceeding $85.80 50 Exceeding $35, and not exceeding $50. ... And for every additional $50, or fractional part therefor in excess of $50... Pension Papers. (See Exemptions.) Power of Attorney for the sale or transfer of any stock, bonds or scrip, or for the collection of any dividends thereon... Power of Attorney, or proxy for voting at any election for officers of any incorporated company or society, except religious, charitable, or literary societies, or public cemeteries.. Power of Attorney to receive or collect rent Power of Attorney to sell and convey real estate, or to rent or lease the same Power of Attorney for any other purpose... Probate of Will, or letters of administration: Where the estate and effects for or in respect of which snch probate or letters of administration applied for shall be sworn or declared not to exceed the value of $2,000, but no Lamp required where value does not exceed $1,000.. Exceeding $2,000, for every additional $1,000, or fractional bart thereof in excess of $2,000 [N.B.-The bonds of Executors, Administrators, Trustees and Guardians are each subject to a stamp duty of 1.00.] 1 00 1 00 25 10 25 100 50 1. 00 50 05 Letters of Appointment....Exempt. Certificate of Appointment... Promissory Note, or memorandum check, receipt, or other written or printed evidence of an amount of inoney to be paid on demand, or at a time designated, whether given for twenty dollars or an amount more or less than twenty dollars, also judgment notes, 213 Stamp Duty, subject to the same stamp duty as Bills of Exchange, Inland, [A renewal of a Promissory note subjects it to the same amount of stamp duty as an original note.] Protest.-Upon the protest of ev ery note, bill of exchange, ac ceptance, check, draft, or any marine protest, whether protested by a notary public or by any other officer who may be author ized by the law of any State or States to make such protest. .83 29 Quil-Claim Deed should be stamped as "Conveyance," except when given as "release of mort gage," in which case it is exempt. Receipts for any sum of money, or for the payment of any debt ex ceeding 20 in amount, being for the satisfaction of any mortgage or judgment, or decree of any court, or by indorsement on any stamped obligation in acknowl edgment of its fulfillment, for each receipt..... Provided, That when more than one signature is affixed to the same paper, one or more etamps may be affixed thereto, representing the whole amount of the stamp required for such signatures; and that the term money, as herein used, shall be held to include drafts and other instruments given for the payment of money. Release, discharge and satisfaction or mortgage... Exempt Sheriff & Return on writ or other Exempt process Trust Deed, made to secure a debt, is to be stamped as a mortgage. Frust Deed, conveying estate to uses, oull be stamped as "Conveyance." [N.B.-A mortgage or trust deed being duly stamped as "Mortgage," is not subject to further stamp duty by virtue of a power of attorney or power of sale contained therein.] Weighers' returns, if for a weight 80 10 not exceeding 5,000 pounds.. Exceeding 5,000 pounds...... |