Pennsylvania Act 1879-122 — TAXATION, REVENUE PROVIDED

Act text

TAXATION, REVENUE PROVIDED
                  Act of Jun. 7, 1879, P.L. 112, No. 122              Cl. 72
                                  AN ACT

     To provide revenue by taxation.

        Section 10.  Bankers, brokers and unincorporated banks
        Every private banker and broker, and every unincorporated
     banking and saving institution, shall annually, upon the first
     Monday in November of each year, make report to the Auditor
     General, under oath or affirmation, setting forth the entire
     amount of net earnings or income received by said individuals,
     company or corporation, from all sources during the preceding
     year; and upon such net earnings or income, the said individual,
     company or corporation, as the case may be, shall pay into the
     State Treasury for the use of the State, within sixty days
     thereafter, three per centum upon such annual net earnings or
     income, in addition to the taxes imposed by the preceding
     sections of this act; and in case any corporation, company or
     individual shall neglect or refuse to make the report required
     by this section to the Auditor General, on or before the thirty-
     first day of December, such corporation, company or individual,
     shall be liable to a penalty of ten per centum for such neglect,
     which shall be added to the amount of tax found due in the
     settlement of their account.  1879, June 7, P.L. 112, Sec. 10.