Salt Lake Telegram | 1913-11-04 | Page 12 | Copies of Income Tax Law Reach Officials Here

COPIES OF INCOME TAX LA LAI REACH OffiCIALS HERE II The new income tax law Jaw i is no longer longera a mystery in Salt Lako Lake City The The- full provisions of the law aw arc contained in a communication received t today by tho internal revenue re collector the United States marshals marshal's office and other governmental governmental gov gov- departments in the federal building The provisions follow A A- A There A There shall be levied lovied assessed collected and paid annually upon the entire net income arising or Cr from all sources in the preceding calendar calendar calen calen- dar year to every citizen of the tho United States whether residing at home or abroad and to every person residing in the United States though not a a. a citizen citizen citi cit ze zen thereof a tax of 1 per por cent per annum annum an an- num nurn upon such income except as hereinafter hereinafter here here- provided B That B That subject only to such exemptions exemptions ex ex- ex- ex ana and deductions as are hereinafter hereinafter hereinafter herein herein- after allowed the tho net income of a taxable taxable taxable tax tax- able person shall include income derived derived derived de de- rived from salaries wa wages es or compensations compensations for personal persona services of what what- whatever whatever ever er kind and in whatever form paid C C- C That C That th there re shall be deducted from tho the amount of the net income of each of said persons ascertained as provided herein tho the sum of plus 1000 additional if the tho person maKin making the return bo a 8 married man with a wife living with him D D. The D The The said Isid tax shall bo be computed upon the tho remainder of said net not income of each person subject thereto accruing in jug ing during each cach preceding calendar year ending December 31 provided that for the year ending December 31 1913 said said tax shall be computed upon the time thenet thenet net accruing from March arch 1 to December 31 1913 after deducting tiD live five I sixths only of the specific exemptions and anti deductions herein provided for Provided that the provision requiring rc the th norma normal tax tar of oC individuals to be withheld at tho the source of the income shall not be construed to require any of or such tax to bo De withheld withhold prior to November November No No- vember 1 1913