'Nanking, Mar. 28, The request, of the Shanghai Gold 'Exchange Brokers' "Association for revision of the method of calculation of the Income tax on the income of fold exchange brokers has been re-ceted by the Ministry of Finance, In is petition to the Ministry, the Association requested that the income and losses of brokers be set off against each other, and that income tax be collected annually on the net Profit, In turning down the petition, the Ministry points out that the method of calculation of income tax is expressly stipulated in Articles 12 and 15 of the Detailed Rules relating to enforcement of the Provisional Regulations governing Income Tax, view of the: specta) nature of the business of brokers, their Income may be calculated at anytime. Thelt Fequest for revision of the method of saleulation of income tax on their profits cannot therefore be entertained—Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.