1940-04-06 — Page 20

Ubrary, Supreme Court

FIRST WAR TAX TO BE BASED ON EARNINGS OF 1939

THE INTENTION OF THE new Clause 60 of the War Revenue Bill, about which there was much confusion yesterday, was explained to the

NATURAL

THE CHINA MAIL, APRIL 6, 1940 -

as near to Nature as is desirable are William Crookes' lenses.

"

Something to offect the harmful glare is necessary but you don't have to have the whole landscape ́darkened like a rainy day to do

that.

Wear Crookes, and know what real eye-comfort means.

Lazarus

IOPTICIANI

"China Mail" this morning by Mr. T. Black, the STOP PRESS TEL. 20022 or 33993

Accountant-General.

The principle of assessing taxation on the earnings

of the year preceding the assessment year is to be followed throughout, except in the case of the Property Tax.

EXPORT LICENCES FOR EUROPE

The following is gazetted for gen- eral information:-On and after April 8th, shippers of goods consigned to Europe in respect of which an export licence has been issued by the Con- troller of Trade are. requested to sup- ply one copy of the, export licence to the the agent of the ship by which goods are to be carried. After receipt of the copy export licence, the agent of the ship is requested to attach the and said copy to the ship's manifest enter the serial number of the licence

This means that taxes coming due under the Bill in 1940-41 will be assessed on the business profits, corpora- tion profits and salaries of 1939-40.

Taxes due under the Property Tax will be collected on the basis of the current Assessment Tax.

Mr. Black explained that "the necessary assessment forms to be filled in by 8alaries, Business Pro- fits and Corporation Profits tax- the payers, for the purpose of assessment, are unlikely to ba sent out for at least six months. The Property Tax, offering few, if any, complications, may see earlier activity.

should be produced to the Superin-

against the relevant item in the mani- tendent of Imports and Exports not fest. The manifest properly annotated, less

than twelve hours before the

with copy export licences attached, I ship sails.

ANNOUNCING

THE

ARRIVAL

OF

NEW SUPPLIES

OF

DAKS

THE PRINCE-

OF SLACKS

FOR MEN

(SPECIAL TO "CHINA MAIL")

London, To-day.. According to the Diplomatic Correspondent of the "Daily Mail,"

a plan is now being studied by French and British experts by which there will be a permanent alliance of the two countries..?

This alone, it is believed, will discourage aggressors.

Preliminary details will soon be released by official spokesmen, according to the correspondent.- Havas.

THERE IS NOTHING

IN

AS

SO PRACTICAL AND COMFORTABLE THE WEARING DAKS THEY GIVE THE MAXIMUM OF EASE AS ALSO OF PRIDE IN THEIR POSSESSION. CUT & FASHIONED FROM SUPERB MATERIALS.

WE ARE PLEASED TO ANNOUNCE THAT WE ARE NOW ABLE TO SUPPLY THESE IN ALL SIZES & IN A VARIETY OF FABRICS. IN GREY, BROWN, FAWN AND GREEN. FLANNELS, GABARDINE, CRASH, · CORDUROY AND TROPICAL WORSTEDS.

IN A FULL RANGE OF SIZES

WE ADVISE AN EARLY VISIT.

WILLIAM POWELL, LTD.

A 10 ICE HOUSE STREET.

#Printed und

Ltd.

ublinhed for

CADE - BURNETT):

The pret 1918poč

MChini