1938 — Page 20

i8

(A 18 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

INTERNAL Reveste,—Continued,

Assessed Taxes (RATES), New Territories (other than New Kowloon) :—

Third class buildings. If noted in the list as ueither having

nor using Government Water-works water

If not so noted

Second class buildings. If noted in the list as neither having

nor using Government Water-works water

If not so noted

First Class buildings. If noted in the list as neither having

nor using Government Water-works water

If not so noted

Special class buildings. If noted in the list as neither having

nor using Government Water-works water

If not so noted

BETS AND SWEEPS TAX:—

$2 ammally.

77

6

中

12

"

X

"

16

**

..$2 per $1,000 of the valuation annually. 4 per $1,000 of the valuation annually.

On and after the 1st April, 1938, every bet made on any totalisator or pari- mutuel authorised under the Betting Duty Ordinance there shall be charged a duty of Two per cent of the amount paid, contributed or subscribed.

On every Cash-sweop ticket sold and on every Cash-sweep chance allocated by list there shall be charged a duty of 5 per cent, of the amount paid, contributed or subscribed.

The Secretary, Treasurer and every Steward and Member of the Committee of management of the Club, as well as the Club itself if a Corporation, shall be jointly and severally liable for the duty payable.

ENTERTAINMENTS TAX-

Tax is levied on payments exceeding twenty cents for admission of persons to any 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

exceels 20 cents and does not exceed 50 cents exceeds 50 cents and does not exceed $1.00

..Free

5 cents. 10 cents.

Rating Ordinance 6 of 1901. Amendment Ordinance 10 of 1935

Ordinance 40 of 1931, Amendment Ordin- ance 17 of 1933, Amendment Onlin- ance 26 of 1934, Re- solution of Legislative Council of 15th Dec- ember, 1937.

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 $4.00 exceeds $4.00 and does not exceed $5,00 exceeds $5,00.....

....20 cents.

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

.30 cents, .40 cents.

.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 princinal value of the estate

Rate per cent.

exceeds

300 but does not exceed $

5,000

29

5,000... 10,000....

1

39

10,000

+1

..

25,000

A

25,000 50,000...

17

50,000

**

100,000,

5

J+

100,000

200,000.

11

200,000

幽要

300,000.

300,000

400,000.

"

99

400,000

500,000..

ດ

H

17

500,000

M

600,000.

.10

11

600,000

700,000.

11

་་

11

700,000

*

800,000.

12

800,000

$ 1,000,000...

"

11

$ 1,000,000

..

$ 2,000,000

$ 2,000,000.....

$3,500,000..

....13

..........

14

...15

$ 3,500,000

39

$ 5,000,000.

.16

15

$ 5,000,000

"

$10,000,000.

.17

#

$10,000,000

**

$15,000,000.

...18

$15,000,000

$20,000,000..

19

**

33

$20,000,000

.20

71

Ordinance 28 of 1930.

Estate Duty Ordinances,

1915 to 1936.