Thursday,
HONGKONG TELEGRAPH
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TO-DAY ONLY
at 2.30, 5.10, 7.15 & 9.30.P.M.
That BABY'S HERE AGAIN!
And
BABY SANDY
AND THE LITTLE TORNADOES
BUTCH and BUDDY
OF "THE UNDERPUIPE ZAME
Ja
SANDY S A LADY
with
TOM BROWN
NAN GREY
and
FEMDOMSFOREMOST PUNSEERS
MISCHA AUER Eugeno PALLETTE Billy. GILBERT. Edgar KENNEDY
Also Musical Shorts "SWING IN THE BARN"
Latest UNIVERSAL WAR
TO.
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734-4.50
NEWSREEL
"ROMANCE OF THE RIO GRANDE" with CESAR ROMERO as The Cisco Kid" Patricia Morison, Lynne Roberts, Ricardo Cortez
Tre MeV TRAM Or Mampę WakaẾT BUB
ORIENTAL
ལ
A 20th Century Fox *Picture
PLEXING
SWAROMAL TEL SOITE
LAST 4 TIMES TO-DAY.
A COMEDY ROMANCE WITH PLENTY THRILLING ACTION! A grand new story about a gal named Sal who knew all the angles and had all the curves, she does what she pleases, and how she pleases.
A TEASING TEMPTING LOVELY ANGEL IN DISGUISE!
THE YEARS GAVEST
MUST
It All
Came True
The author
of "The Rains
Came" pens
his most sizz Jing story for the percen's moal sixxiing sweeties!
ANN
Sheridan
JEFFREY LYNN HUMPHREY BOGART Zasu Pitta Jessie Busley Una O'Connor John Litel
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STARTING TO-MORROW
THE SCREEN'S MOST SENSATIONAL LOVE STORY !
WHAT WAS THE SECRET-OF-MANDERLEY
SELZNICK INTERNATIONAL presents
Rebecca
Starring
LAURENCE OLIVIER-JOAN FONTAINE Directed by ALFRED HITCHCOCK Produced by DAVID O. SELZNICK who made "GONE WITH THE WIND"
- RELEASED THAU
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<<ZUI<- KO
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"man in white" plunges into mystery and romance that tumbles thrill upon thrill !
Calling
No. 2 OF M-G-M's
GREAT SERIES!
DR. KILDARE
LEW AYRES BARRYMORE!
LARATHE
SAMUEL S
DAY
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NAT
PENDLETON
LANA TURNER EMMA DUNN
· CARVER
Main Gottuyn Maya Berosa
TO-MORROW #TOPPER" Constance Bennett
ONLY
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Cary Grant
SATURDAY “NEW MOON” Jeanette MacDonald
Nelson Eddy
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三
"THRICE SHE SMILES"
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THE CHANTECLER
TRY OUR POPULAR $1.00 TIFFINS Served in the Snack Bar
PASSES
Mr A. J. da Cruz Rocha Mr A. J. da Cruz Rocha, after a long illness passed away at St Fran- cla Hospital, yesterday at 72 years of age-
New War Taxation Rates For Hongkong
FROM PAGE ONE'
May 29, 1941. LARDER OF BRITAIN
Came Through Winter,
Secure In Supplies
less), Confidence in Britain's food LONDON, May 28 (British Wire- position was affirmed by the Minis- ter of Food, Lord Woolton, in the
was framed or which were likely to Colony's war expenditure during the be taken in the near future, the present Anancial year would amount to considerably more than the sum A life-long resident of the Colony $12,300,000 shown in the printed House of Lords to-day when he said.
penditure was likely to be of the from the, winter in a position Estimates.
This additional war ex-"We have suffered but we emerge order of $5,500,000. Allowing for an strongly secured in our food supplies estimated yield in 1041-42 of $0.300,-as 12 months ago." 000 from War Taxation on its pre-
The funeral will pass the ment at 5.30 p.m. to-day.
LATE NEWS
The
W
he
No Repeal Of Neutrality Legislation
WAS
he is survived by the widow, three sons and a daughter. Three brothers V. C. and J. M. da Roch who are in Hongkong and C. B. de Rocha, who ls in Montla and s sister, Mrs P. O. sent basis and a, not surplus of re-ing was to give every individual the Stating that one object of ration- da Roza, is in Shangha!,
For many years
venue over expenditure for the fin- prescriptive right to obtain an equal deceased had ancial year. 1040-41 served as Honorary Treasurer of St $3,000,000 which could be carried Woolton announced that
amounting to share of a rationed commodity, Lord Vincent de Paul. His last employ-forward into 1041-42, it was desirabout to start a new system of ex- ment was with Jardine, Matheson & able to raise additional revenue to perimental Co., Ltd.
rationing. the extent of some
He would Monu-dollars by modifying the exlating from force of necessity or not, he five million presently ration eggs and, whether Yar Taxes or by imposing new ones believed that he would ration milk or by a combination of both methods, but he hoped never to have to ration
(b) From the relatively small bread. 'number of firms
paying Business Profits Tax and the fact that up to March 31, 1941. the net amount charged in respect of Business Prosta (Continued from Page 1.)
Tax was only $1,070,000 as compared with $4,331,000 in respect of Corpora- which was laid this afternoon.
tion Profits Tax it was evident that committee quite rightly considered a large section of the business com- the problem before it in the same munity was not bearing its fair
share. light as that in which the war Re of the Colony's war-time burden. venue Ordinance was devised, that
(c) One
year's experience of the is to my, the provision of sufficient working of the present Ordinance revenue to cover our war expendi-desirable to smooth out and loopholes hat disclosed inequities which it was ture, including cerial ifis to His Majesty's Government. To this end to evasion which it was desirable they have produced a voluable
a series of very to close. recommendations
No Income Tax. which which will strengthen and render more To reduce the watertight the existing ordinance, evasion and ensure equal incidence possibilities of und in order to meet the heavier we first considered the advisability war expenditure of the Colony they of recommending the complete repeal have recommended
that the basic of the present War Revenue Ordin- rates of the various forms of ance and the substitution therefore tlon should be raised from the pre-of a full Income Tax enactment; we
of taxa- sent basic rates to 6% and 12% decided, however, by a majority that respectively, In order that this in
In view of the opposition which the Increase should not weigh too Sup
suggestion to introduce Income Tax heavily on the least well-to-do of had
called forth in 1039 we would those Inble to pay Salary Tax they re-affirm
in this
regard the have recommended reasonable in-commendation of the original War creases in the allowances for wife Revenue Committee. We decided to and children.
appoint # Sub-Commilice
composed of Mr. A. G. Clarke (Chairman), Mr
Greater Increases
10
r
re-
most a
report which was comprehensive
WASHINGTON,
May 28 has no intention of asking for a
(Reuter).-President Roosevelt. repeal of the Neutrality Act and is not considering its revision.
The President made this clear t clarify certain outstanding questions a speelal press conference to-day to following his "freside chat.
not
The President added that he was
at
present considering any executive orders to Implement his proclamation of a state of "unlimited; national emergency."
UNITED STATES MEMORIAL DAY
QUEEN'S & ALHAMBRA
AT 230-515 7-20-9:30 TEL,31453 • AT 230-520 720 9 30 TEL 56856
SHOWING
TO-DAY
s
AMERICA'S FIRST REBEL AND HIS WILDCAT BLONDE IN BUCKSKIN!
-facing the perils of the wil- derness when Pittsburgh was way out West!'. .. A picture es
big and exciting
as the turbulent times it pictures!
THE FIRST REBEL
Starring CLAIRK TREVOR JOHN WAYNE
SADIO
with GEORGE SANDERS BRIAN BOHLEVY WILFRID LAWSON • Robert Berrat - Jahn F. Kamičiau Moroni Olson » Eddie Quillan
STAR
.TO-DAY ONLY
At 2.30, 5.20, 7,20 & 9.20 P.M.
MAY ROBSON. WARREN WILLIAM
in
"LADY FOR A DAY"
with
JEAN PARKER
A Columbia Picture
To Be Observed in H.K. I have. however, discussed the re-
E. M. Bryden, Mr L. Kadoorie and In commemoratiori port with the Executive Council in
of Memorial Mr C. van Langenberg to examine in the light of what I have said already detail the present War Revenue Or-American
Day, party of American ludies, an about the general intensification of dinance with a view
naval party, and Mr to smoothing Robert C. Coudray, Amerlenn Vice our war effort, and I have recom-out its inequities and increasing the monded
Consul representing the Consuinte them, and have obtained Committee held twelve meetings and Colonial
yield from War Taxation. This
Sub-
General, their concurrence with, the general
will assemble at the increase of the present basle antes to presented
Cemetery at 10.30 to- 7% and 14%. So far as the sainty by the full Committee and which American citizens buried at Huppy TO-MORROW: "GOOD GIRLS GO TO PARIS”
adopted/morrow morning for the purpose of
opted laying wreaths tax is concerned !
on the graves of personal attentior to the question am giving close
formed the basis for our conclusions Valley. whether this further increase will reclusions have been incorporated in a Cemetery, the party will proceed to
Hand recommendations.
Our con- act harshly on lower-salaried resin draft War Revenue Bill which is ents who have to maintain a
a family elsewhere than in
in Hongkong, having
attached to this Report as an Appen- regard to the very considerable ir-dix. creases that are being made in the allowances for wives and children, We felt that the charge of inequita-ed by Mr Lawrence That mi
t must be avoided. The Attorney ble incidence could not be avoided General will in due course inform unless we devised some you in detail of these proposed taxing the one broad amendments.
about
New Tax Proposed
to throu
the Catholic Cemetery and be re- After the ceremony at the Colonial
ceived by Father Grampu. The party will then repair to the Hebrew Cemetery where
here they will be recely. sident of the Hebrew Community.
Kadoorie, Pre- means of A United States naval officer, re- source
of presenting the United States Navy unearned income at present untaxed Before leaving this subjec! I offer-namely, interest
and accompanied by American naval 10 the organizers of the "South China mortgages. We
on. loans
and ratings from the U.S.S. Asheville, Morning Post Bomber
have Fund my devised a scheme for the taxation of
therefore will be in attendance.
Originally the very hearty
congratulations having passed the two million dollar have included in the draft Bill under but now it has become a general day
on certain classes of interest which we
the day was a memorial who died in the Civil War, anark: I feel sure that the Council will fully join their congratulations Tux". This tax is
new Chapter entitled "Interest of remembrance for all war dead to mine. I trust that what I have to
practically limited
and is observed intorest on said this afternoon
in many states of mortgages, bills of the Union, and possessions, as a the Colony's wat effort will not be taken as dero- corporations or firms who are liable
sale, debentures and loans made to national holiday, gatory to their energetic patriotism
All American citizens who care to that the participate are requested to attend. ar to the public spirited munificence to Profits Tax: we found of the many individuals and Arms inte
yield to be expected from taxing who have contributed to that fine savings bank accounts, etc., would be would bring in a further $1,570,000 interest on bank fixed deposits the amendments mentioned above total. My remarks have, of course, too small in relation to the cost and raising the total to $10,870.000. Since
I confidently hope that what I have
trouble of administration to
data collected by the War Taxation soid regarding the closer approxi
banks concerned. mation of Hongkong's war effort to from Business Profits Tax we con- reasonable to put the total yield at
With a view to
Department indicate
that profts to increasing the yield generally have risen-it-is-not-un- that being made in the home countrysidered that will have your full approval.
the exemption limit the round figure of $11,000,000. This should be reduced from $10,000 to
sum, however,
falls
considerably the short of the amount which the Fin- taxation should be ancial Secretary had advised us was reduced from $100,000 The
$50,000. necessary, and we had next to con- reduction of the exemption sider how additional revenue could Before the Legislative Council this number of firms paying this tax and limit would greatly increase the
best be found, afternoon, the Hon. Mr J. J. Paterson would minimize the incentive to the asked the following questions:
Will the Government give statised the question of whether a loss by obtained not by the imposition of We came to the conclusion that the splitting of businesses. We consider-extra amount required could best be
a very different bearing.
Evacuation & Govt lower rate of
that the limit for $5,000 and
the
Officials' Wives
tics of the incidence of evacuation of wives of senior Government Officers, namely
(a) wives not in the Colony when
the evacuation was ordered, (b) wives departed since that
*dute,
to
the
Higher Basic Rates
taxes.
new miscellaneous taxes, the yield from each of which would be com- paratively small, but by raising the on basic of 5% and 10% the esti | basic rates of all five war
mated yield was $11,000,000 so that 12 would produce in additional raising the basic rates to 0% and cne-fifth or two-fifths or $4,400,000.
Estimate $11,000,000 $13,200,000 $15,400,000
a business or corporation in one year should be set off against profits in succeeding
years but in view of the pars temporary nature of the Ordinance and the urgent need for revenue we have not recommended such a pro- (c) wives recommended for ex-alder any provision for depreciation vision. For similar reasons, we con- emption by the Eweuation in respect of the expiry of leases to Advisory Committer,
be undesirable. We hav cases still pending when fur-
not recommended
that ther
payments such as compulsory evacuation charitable contributions and dona- was suspended?
tions to war funds or In how many cases was the re-curred in connexion with Air Raid expenses in- commendation of the Evacuation Precaution measures should be Advisory Committes over-ruled by empted from Profit Tax. higher authority?
(d)
EX-
Itales
5 and 10 0% and 12%
and 14
2
12%) would produce rother less and The first alternative (0% ord the second alternative (7% and 14%) rather more than the addi- The Replies
Increased Allowances
tional sum which the Financial The following answers were given: view of the rise in the cost of living sary to find; taking into consideration We came to the conclusion that in
Secretary and advised it was neces- Taking "Senior Officers" as inclui-some relief should be afforded ing the following 22 officers, namely those payers of Salaries. Tax who surplus balances and the estimated
to the healthy state of the the two judges, all official members have wives and children. With this annual yield of at least half u mil- Colony's of both Councils, all 1st class cadets object we have recommended that lion dollars from the recently impos- and all the heads of the principal the scale of allowances for departments of Government, but ex- cluding three unmarried officers in and children should be revised as finally decided to recommend that on Tollet Preparations we those categories, the replies to the follows:~~~
the basic rates be raised to 0% and questions are:
127. The estimated yield at the old and new basic rates can be set out in detail as follows:-
1.—(n) five; (b) nine; (c) six;" (d)
two.
2.NH. No
exemptions granted
except in the six cases mentioned in
1 (e) above,
Wilc
7
*
$2,000 $1,000
$ 300
J
wifeed duty.
At 5th
At 0% and 10% and 14% 1,200,000 1,440,000 ******** 2,300,000 2,700,000
Solaries Tax
Property Tax
no
Corporations Profita
Now. Recommended. $2,000
$3,000 1st child $1,000 2nd child $1,000 3rd 4th child
$ 800 We consider,
that allowance should be made for chil- dren in excess of four, or for depen- dent relatives. At the same time we have recommended that the lower rale of Salaries Tax be brought into line with the lower rates, of the other Wer Taxes.
Likely Effect
The above amendments, and many
Besincas Pronts Tax Interest Tax
4,700,000 5,040,000 1,000,000 2,100,000
... 1,000,000 1,200,000
11,000,000 13,200,000
And
Recommendation Conclusion
We recommend' that the War Re- venue Ordinance, 1040, be repented and repinced by an enactment on
others on matters of detail which we the lines of the draft Dill appended have incorporated in the draft hereto; the draft Bill includes a pro- but which we do not propose to at vision that all matters pertaining to tempt to explain in this Report since the year of assessment which ended they are explained in the Tuble of on March 31, 1941, shall be dealt Correspondence attached to
with under the present Ordinance. the inic
Bull, our opinion result in
In conclusion
we should like t more
equitable distribution of the express our indebtedness to Mr K burden of timated that they would result in the minutes of our meetings and
war taxation. It is ex M. A. Barnett, the Secretary to the Committee,
kept full following incrcuses or decreases in
who prepared the first draft of our Re Increase Decrease port Salaries' 'Tax Business Profis Tax +. § 650,000
(Signed) C. G. Alabaster (Chair Interest Tax ...... $1,000,000
man),
R. R. Todd, Stanley H. Dod- well, J. J. Paterson, M. K. Lo, Li Net Increase ........ $1,570,000
revenue:
$80.000
who
Taking the estimate of yield for he font. WẦN. T. Tan, V. M. S
1941-42 at $0,300,000 if the present. Kadoorie, N' Chak-wa, A. G. Clarko,
D. J. Slo, R. Robertson, War Revenue Ordinance continue unchanged, the adoption of d'Almada e Castro, Jur.
were to Cyril van Langenberg and "Leo
+ SHOWS
DAILY
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BARE
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AGAINST THE KNIVES:
WHIPS... AND GUNS OF THE TROPICS!
Richard
Andy
ARLEN DEVINE
TROPIC FURY
UNIVERSAL
with
Beverly Roberts Samuel S. Hinds Lupita Tovar
Servanplay by MICHAEL L. SIMMONS Origent may by Mouries Tambrogel and Dan Pien 93 Directed by CHRISTY CABANNE • Associate Producer: DEN PIVAR A NEW UNIVERSAL PICTURE
COMMENCING SATURDAY Mighty Drama Of Tompestous Love And Adventure! MIGHTIEST OF ALL) Wesley Rugglès,
OUTDOOR DRAMASI ARIZONA
JEAN ARTHUR
WILLIAM HOLDEN
A COLE MEIN PICTURI
Brave hearts win love and empire on the gun- blazing frontier!
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