The Archive · 1928

Single Tax at Source

According to the Ministry of Finance, the milled flour tax is one of a series of consolidated consump: tion taxes which the Ministry is arranging and which have for their purpose the levying of a single tax at the source and the abolition of of likin and other local taxes on the commodity. Similar consolidated effective with regard to Kerosine and gasoline and commodities gon as the ill be made effective on all taxable

machinery can be brought into ex.

renee with regard yo each par-"ular commodity.

In every instance, these consol dated taxes are imposed only after there has been ful negotiation with the pri tax-payers in that particular business, so that the tax does not represent a mere decision of the Ministry of Finance but is the result of consultation between the Ministry and the leaders of the industry. There have been such negotiations between represent. atives of the Ministry of Finance and the flour mill operators.

Text read from the printed page and cleaned; old type leaves the occasional error.

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