Houses dealing principally in luxuries, places of amusement, and other not indi will be hit to charging an annual fee based on the kind of business carried on by, 8 corporation or partnership. Thus jewel cosmetic. shops will have to pay $200, and theatres $200, while drug-stores will get off with' a payment of $50, and hotels and restaurants will pay but $40, Under the. second classification, shops or stands in which Jess than $200 has been invested will get off Seat-free, 'Those whose capital stock is more than $1,000 and less than $2,600 will be subject to a ta of but $1.80 a year." But the grea the investment, the larger the centage which has to be paid, 'Tht if the capital is anywhere' from $500,000 to $700,000, the tax will Amount to $1,750 a year.
Where the monthly rental is under $10, the firm is exempted from paying anything under classification No, 3; §1,60 is the tax if btw $50 and $100 a month is for rent, Monthly ren the to $1,100 will neces owner paying $160 Big concerns having more than 50 employees will have to pay the government $5 a year for each man on their pay rolls, Firms having from six to ten employes will pay, 4 total of $5.a year; those with from three to five employees will charged $1 a year only. No tax will be levied if the firm employs Tess than three persons.
An Ilustration MWastrating the way that th tax moarure will. operate, 'Treasury, in its official notice, takes the case' of ie with a capital of $10,000, having six employees, and paying a monthly rental of $69, Because of the general nature of its business, it will have to pay $100 annually; on the basis of $10,000 capital, $20 will be added; the $60 'a month rent will cost it $1.60 more, and there will-be another $5 charged. fon account of the number of ems Ployees, Adding these figures together, the total tax is obtained, 3126.50, No date has yet been' fixed for this law to become operative, but the Treasury has conveyed to. the public the impression that the time will not be long. when it. will Place the present store tax ordin, ances. Moreover, the Treasure hig proclamation, states. that once this measure is enforced, likin will cease to exist, the fortress tax will be collected, and the tax pald by factories on' finished products leaving their establishments will be done away with—Reuter.
Permions have been addressed the Kiangsu Provincial Government by the Greater Shanghat Merch Union. for the abolition of "advertisement tax" "on native
Text read from the printed page and cleaned; old type leaves the occasional error.