High-Interest Bearing Issues; to Take Burden Tokyo, Nov. 1 Determined to carry out its low-decided to Impose a stiff special tax on high-interest Government and prefectural bonds and debentures of Drivate companies floated abroad.
'These securities,' now yielding return of aix (0 seven per cent, wil the future pay an interest of 4.7 per cent, compared with the 35 in terest paid by the new and converted! Government domestic tends.
1G per cent. on the Government's 5 por cent. bonds floated abroad to 35) er cent. on bonds bearing an inter~ feat of 65 per cent. The levy on 55] er cent. boride will reach 23 per cent and on 63 por cent. bonds, 20 per cent.
The tax on dands of provincial governments and company debentures Will range between six per cent. on 5 per cent. bonds to 32 per cent. on bonds beating an interest of 7 per} cent, Bonds returning 55 per cent. intorest will pay 14 per cent: 6 per cent, bonds wil be taxed 21 per gent: and 45 per cent, bonds will pay 27 per cent.
Text read from the printed page and cleaned; old type leaves the occasional error.