Report that Re lents Abroad Are Exempted Under the New.
Law: No Relief on Income from Investment in the United States That Americans residing abroad will be exempted from payment of income tax.to the American Go-yernment, is an established, fact if information at hand is true, The Revenue Bill, which was duly passed by the House of Representatives and the Senate, and was signed by President Coolidge on March 2, includes provisions which absolves payment on incomes derive from salaries, wages, professionfal fees and other services which fare received from foreign sources, 'This, informsition comes from a very reliable source, and, although neither Mr. Edwin 8." Cun-! bingham, U. S, Consul-General, or Mr, Nicholson, U. 8. Treasury' representative for China, had any! confirmatory cables, it nevertheless, is-believed authentic. Mr. Nichol son, on*being told of the situation, sent a cable to Washington at once and an early answer is expected.
The statement. follows:—"The new revenue et signed to-lay by President Coolidge exempts individual American citiz-
"and the amount pai law permitting the publication of lists of income tax payers, thus removing from the law the sion revealing to the world the amount of income tax paid by an individual,
Text read from the printed page and cleaned; old type leaves the occasional error.