1936 — Page 21

18

(A 18 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied,

ENTERTAINMENTS TAX:

INTERNAL REVENUE.—Continued.

Tax is levied on payments exceeding twenty cents for admission of persons 10 aoy entertainment as spectators or members of an audience.

Where the amount of payment for admission, excluding the amount of the duty,

does not exceed 20 cents .............................................、

exceeds 20 cents and does not exceed 50 cents..****

exceeds 50 cents and does not exceed $1.00

exceeds $1.00 and does not exceed $2,00 exceeds $2.00 and does not exceed $3.00 exceeds $3.00 and does not exceed $1.00 exceeds $4.00 and does not exceed $5.00 exceeds $5.00....

.Free

5 cents. ....10 cents.

Ordinance 28 of 1930.

.30 cents.

40 cents.

.50 cents for the first $5.00 and 20 cents for each additional $5.00), or part thereof.

50 cents.

The Colonial Treasurer is authorised to grant exemptious on the grounds stated in Section 5 of the Ordinance.

ESTATE DUTY:—

In the case of every person dying on or after 1st JULY, 1936, estate duty is payable at the following rates:

Where the princival value of the estate exceeds $

Rate per cent.

300 but does not exceed

5,000..

1

11

5,000

"1

10,000..

2

10,000

25,000

14

25,000

1

•

50,000..

91

50,000

"1

100,000.

"1

100,000

P

200,000..

37

200,000

"

300,000

39

300,000

"

400,000.

8

#

400,000

500,000

9

31

500,000

争量

600,000..

....10

600,000

79

11

700,000..

.11

"

700,000

"1

800,000.

.12

ED

800,000

$1,000,000.

.13

**

$ 1,000,000

*

$ 2,000,000..

.14

++

$ 2,000,000

11

$ 3,500,000..

15

"

$ 3,500,000

#

$ 5,000,000..

.16

M

$ 5,000,000

#

$10,000,000.

.17

11

$10,000,000

**

$15,000,000.

19

17

$15,000,000

T!

$20,000,000..

.19

$20,000,000

.20

Different schedules of rates apply in the case of persons dying before 18t JULY, 1936.

Where the principal value comprises a fraction of one hundred dollars sucb fraction shall be reckoned as one hundred dollare,

Interest at % per annum is also payable on estate duty from the date of death up to the date of delivery of affidavit or account within six months, and there- after at 8%.

Failure to deliver an account within the prescribed period renders the person accountable liable to estate duty at treble rates.

Heavy penalties are prescribed for individuals, businesses etc. dealing with estates, or the income of estates, before duty has been paid or otherwise failing to comply with the provisions of the Ordinance.

STAMP DUTIES:-

1. Adjudication Fee (to be paid on the requisi- tion or other application for adjudication)

2. Affidavit, Affirmation, Declaration, and Statu- tory Declaration,

$5.

Stamp Ordinances, 1921

to 1956.

} $3.