Recommendations Adopted; To Be Moved -at Special Meeting of Ratepayers on January 23
Shanghai. Jan..17.
APPTER devoting some time to exploring all revenue producing possibilities and making an extensive survey of existing forms of taxation, the Sources of Revenue Sub-Committee of the Municipal. Economy Committee of the Council yesterday released for publication an exhaustive report dealing with increases in taxation. The report, which is the result of the first part of the work of the Sub-Committee recommending ways. and means of obtaining increased. municipal revenue estimated at about $5,400,000 from the source of licence fees, has been adopted by the Economy!Committee.
'The majority. of the recommenda-tong pertaining to licence fees with which' the reports deals exclusively have been adopted by the Council and placed before the ratepayers by Ineorporation in Resolution No. 3, which will be moved at the Special Meeting of ratepayers on January 23. Further work of the sub-commit ice will be concluded in time for the annual meeting of ratepayers and will be issued in the form of a second Sinal part of-the Sub-Committees Report.
Only a few of the recommendations of the Sub-Committee pertaining Increased licence fees contained in the report, have not yet been considered by the Council, who will deal with them at an early date, and if adopting them, will submit them for approval by" the ratepayers atthe annual general -mecting of Yatepayers in April, The Sources of Revenue. Sub-Committee of the. Munlaffected by this "new licence fee would discontinue their contribu Wons to-the Voluntary Entertain ment Levy, which at present average in tolas $260,000 per annum.
"There "is "naturally a close rela-Honship between the "seating a commodation. in, an' establishment and' the gross receipts returnable therefrom, and if "there is a" fechnical objection: toga licence fee being elated directly to the persons who patronize the licensed establish ments, this diMleully can very simply be overcome by assessing the fee (to provide an approxima tion to a 10 percentage return) on the basis of the physical capacity or size of the establishment, which the basic commonly employed. in assessing the licence fees in respect of other premises where licensed Sceupation are carried on, Entertainments as Luxuries cipal Economy Committee is com-rosed of Messrs. C. G, Gadow, Chalrmen; W. A. Hale, Yulin Hi, J. H. Liddell, 1. Okamoto and A. Sadoe. A summary' of the report of the Sub-Committee follows:
Text read from the printed page and cleaned; old type leaves the occasional error.