147 
ACT  33. 
AN  ACT 
To  Promote  the  Conservation  and  Development  of  the  Natural  Re- 
sources of  the  Territory  Through  Immigration  and  Other  Means 
by  Imposing  a Tax  on  Incomes  and  Appropriating  the  Proceeds 
for  Such  Purpose. 
Be  it  Enacted  by  the  Legislature  of  the  Territory  of  Hazvaii: 
Section  1.  In  addition  to  the  tax  of  two  per  cent.,  authorized  to  be 
levied,  assessed  and  collected  upon  the  gains,  profits  and  income  of  per- 
sons in  the  Territory  of  Hawaii  under  the  provisions  of  Chapter  ninety- 
nine  of  the  Revised  Laws  of  the  Territory,  as  heretofore  amended,  there 
shall  be  levied,  assessed  and  collected  annually  upon  the  gains,  profits  and 
income  over  and  above  Four  Thousand  Dollars  derived  by  every  person 
residing  in  the  Territory,  from  all  property  owned,  and  every  business, 
trade,  profession,  employment  or  vocation  carried  on,  in  the  Territory, 
and  by  every  person  residing  without  the  Territory  from  all  property 
owned,  and  every  business,  profession,  employment  or  vocation  carried  on 
in  the  Territory  and  by  every  servant  or  officer  of  the  Territory,  wherever 
residing,  a tax  of  two  per  cent,  on  the  amount  so  derived  during  the  taxa- 
tion periods  defined  by  this  Act. 
Section  2.  In  addition  to  the  tax  of  two  per  cent,  authorized  to  be 
levied,  assessed  and  collected  upon  the  gains,  profits  and  income  of  cor- 
porations as  provided  in  said  Chapter  ninety-nine  of  the  Revised  Laws  of 
the  Territory,  as  heretofore  amended,  there  shall  be  levied,  assessed  and 
collected  annually  upon  the  net  profit  or  income  above  actual  operating 
and  business  expenses  derived  during  the  taxation  periods  defined  by  this 
Act,  from  all  property  owned,  and  every  business,  trade,  employment  or 
vocation  carried  on  in  the  Territory,  of  all  corporations  doing  business  for 
profit  in  the  Territory,  no  matter  where  created  or  organized,  a tax  of  two 
per  cent,  on  the  amount  so  derived  during  the  taxation  periods  as  defined 
by  this  Act.  Provided,  however,  that  nothing  herein  contained  shall  apply 
to  corporations,  companies  or  associations,  conducted  solely  for  charitable, 
religious,  educational  or  scientific  purposes,  including  fraternal  beneficiary 
societies,  nor  to  insurance  companies,  taxed  on  a percentage  of  the  pre- 
miums under  the  authority  of  another  law. 
Section  3.  The  taxation  period  within  the  meaning  of  this  Act  shall 
be  the  year  immediately  preceding  the  first  day  of  January  of  each  year 
in  which  such  tax  is  payable.  Provided,  that  the  first  taxation  period 
under  this  Act  shall  be  the  year  immediately  preceding  the  first  day  of 
January,  1909,  and  that  the  rate  of  taxation  upon  incomes  derived  during 
said  first  taxation  period  shall  be  one  per  cent,  in  addition  to  the  tax 
assessed  thereon  under  said  Chapter  ninety-nine  of  the  Revised  Laws  as 
heretofore  amended,  and  the  amount  of  such  tax  shall  be  assessed  forth- 
with and  be  payable  in  full  on  or  before  the  fifteenth  day  of  November, 
1909.  - 
Section  4.  All  of  the  provisions  of  Sections  1280  to  1289  both  in- 
clusive, of  said  chapter  ninety-nine  of  the  Revised  Laws  of  the  Territory, 
as  heretofore  amended,  in  so  far  as  the  same  are  consistent  with  this  Act 
and  may  be  used  in  furtherance  of  the  purposes  hereof,  shall  apply  to  this 
Act  as  fully  as  though  incorporated  herein. 
Section  5.  All  amounts  collected  from  time  to  time  under  the  provi- 
sions of  this  Act  shall  constitute  and  be  held  by  the  Treasurer  of  the 
Territory  as  a special  fund  notwithstanding  the  provisions  of  Act  15  of 
the  Session  Laws  of  1907,  or  any  law  now  in  force,  to  be  used  and  applied 
for  the  purposes  specified  by  this  Act  and  not  otherwise,  that  is  to  say: 
three-fourths  of  said  fund  is  hereby  appropriated  for  and  shall  be  used  for 
the  encouragement  of  immigration  to  the  Territory  of  Hawaii  in  aid  and 
development  of  the  agricultural  resources  and  conditions,  including  the 
