A Full Report of the Joint Special Committee on Taxation: Recommendations and Codification Relating to the Laws on Taxation. January, 1894 |
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Common terms and phrases
abatement affidavit aforesaid agent aggregate amount appeal appointed assessors association Boston capital stock cent certificate chapter eleven charges cities and towns citizens city or town collected Collector of Taxes Column Number committed Commonwealth of Massachusetts court debts deducted deemed demand deposit eighteen hundred erty executor exempt from taxation filed foreign held hereby holder income inheritance tax interest invested land liable lien ment monwealth mortgage mortgage note municipal bonds neglect notice oath owner paid parcel partnership payable Penalty personal estate personal property poll-tax polls preceding section probate court provisions of sections Public Statutes purchaser purposes real estate reason registry of deeds residence savings banks SECT section forty section thirty-eight shares Single Tax League statement subject to taxation taking tax assessed tax commissioner tax or excise tax-list taxable therein thereof thousand dollars tion treasurer trustee valuation warrant
Popular passages
Page 55 - Each individual of the society has a right to be protected by it in the enjoyment of his life, liberty, and property, according to standing laws.
Page 106 - Whenever a decedent appoints one or more executors or trustees, and in lieu of their allowance makes a bequest or devise of property to them which would otherwise be liable to said tax, or appoints them his residuary legatees, and said bequests, devises or residuary legacies exceed what would be a reasonable compensation for their services, such excess shall be liable to such tax, and the probate court having jurisdiction of their accounts, upon the application of any one interested or the treasurer...
Page 56 - ... with all just credits given, together with a description of the property intended to be covered by the lien, sufficiently accurate for identification...
Page 105 - State, or by deed, grant, sale or gift made or intended to take effect in possession or enjoyment after the death of the grantor...
Page 105 - ... father, mother, husband, wife, lineal descendant, brother, sister, adopted child, the lineal descendant of any adopted child, the wife or widow of a son, or the husband of a daughter, of a decedent...
Page 98 - ... shall be punished by a fine of not less than five hundred nor more than five thousand dollars, or by imprisonment, with or without hard labor, not less than six months nor more than six years, or by both such fine and imprisonment.
Page 105 - Commonwealth ; and all administrators, executors and trustees, and any such grantee, under a conveyance made during the grantor's life, shall be liable for all such taxes, with lawful interest as hereinafter provided, until the same have been paid as hereinafter directed...
Page 59 - Subject to the foregoing provisions the ancillary receiver and his deputies shall have the same powers and be subject to the same duties with respect to the administration of such assets, as a receiver of an insurer domiciled in this state.
Page 92 - Second, In case of such a domestic telephone company, the amount and market value of all stock in other corporations held by it upon which a tax has been paid in this or other states for the twelve months last preceding the date of the return...
Page 85 - State just named imposes upon "each fire, marine, and fire and marine insurance company, incorporated or associated under the laws of any government or State other than one of the United States, a tax of 4 per cent upon all premiums charged or received on contracts made in this Commonwealth for insurance of property.