250 Candidates in Nanking for Examination Two hundred and fifty candidates sat at Nanking on Aug. 28 for the competitive examination for the Nanking Tells Embassies of Income Tax Nanking, Aug. 31. Tdentie notes have been forwarded by the Ministry of Foreign Affairs to the various foreign Embassies and Legations in Chin: requesting them to advise their respective nationals resident in this country, to conform to the Chinese law in payment of Income Tax, which will formally be enforced on October 1, according to Information from the Walchiaopu today. The direct levy, it will be remembered, will first be Imposed on incomes of salary earners and Interest from bank deposits and bonds, while that on the other categories will not be collected until next January 1- Central News.
According to Reuter, the notes explain that foreign diplomats ar exempted from payment of th tax, as well as foreign nationals who have resided in China for Jess. than one year. In addition, no tax is to be paid on income not earned in China. Otherwisa, the Notes add, foreign nationals in China must pay income tux the same as Chinese citizens, selection of men to be trained as income tax collectors, The examina tion was held at the University of Nanking under the auspices of the Central Preparatory Office for Direct Taxation of the Ministry of Finance, according to Kuo Min. nan address to the candidates, Mr. Kao Ping-fang, Director of the Revenue Department of the Ministry of Finance and concurrently Chair~ man of the Central Preparatory Omice for Direct Taxation, said that the fentoreement of direct taxation is the first step in the readjustment of the national system of taxation, eliminate corruption in tax collection and enhance the eMcieney of tax fealicetors, the Ministry of Finance Gecided to hold the examination in oder to select and train a competent umber of college graduates for the work.
Text read from the printed page and cleaned; old type leaves the occasional error.