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THE CHINA MAIL, AUGUST 28, 1940.
WAR TAX AMENDMENTS Obscurities And Inequitable Incidence Removed
SHANGHAI SHOOTING
[SPECIAL TO "CHINA MAIL" LT. PIERRE BLANCHET, DE. PUTY CHIEF OF THE FRENCH POLICE JN CONCESSION SHANGHAI, WOUNDED. IN GUN BATTLE WITH TERROR. ISTS YESTERDAY, IS EXPECT.
A
ED TO RECOVER SHORTLY, IT THE HOSPITAL WHERE THE
WAS STATED YESTERDAY AT
a
BULLET WAS EXTRACTED.
Chinese
attribute quarters political motive to the shooting, and instance Lt. Blanchet's in- quiry into the activities of number of his subordinates alleged
a Chinese political source.
a
to have received subsidies from Lt. Blanchet, who is 34, 'served in the French police for ten years.
He volunteered for war service four months ugo and reached! Indo-China on the way to France
after which he returned to Shang- hai. Havas.
Payment By Instalments
REYNAUD
MINISTER
******** HOUSING
At Discretion TO BE TRIED.
IMPORTANT AMENDMENTS TO THE WAR REVENUE ORDINANCE ARE TO BE SUBMIT- TED, IN THE FORM OF A NEW BILL, TO LEG-| ISLATIVE COUNCIL TO-MORROW.
(SPECIAL TO "CHINA MAIL")
of
Lt. Jean Zay, for- mer Minister Education in the Rey- naud Cabinet, was questioned by
military One of the changes contemplates the spreading of the payment of taxation due, over a period, at the discretion of the Com- missioner, therefore enabling payment of Salaries Tax by instalments.
Other amendments eliminate the ruling when the armistice was signed, whereby a person leaving the Colony in the near future had been held liable to pay tax for the whole of last year and part of this. Now he will pay only a proportionate fraction of the tax due, based on the assessable income for last year.
NIGHT RAIDERS OVER ENGLAND
(Continued from Page 1)
A Spitfire brought down
German 'plane in the
South-
2
West area. The crew of three, none of them injured, was cap tured.
Another raider is believed
have been shot
Channel.
airmen baled
was
as
the examining
magistrate at Cler- mont-Ferrand yester-
be tried by a military day. Zay will shortly
tribunal for "deser- tion.' It is stated he left for North Africa a few hours before the signature of the armistice.-Havas.
000000
thing contained in the previous sub-sections of this section the to Commissioner
agree may
in- accept payment of tax by stalments In any case in which it may appear to him that pay- single ment of the tax in a amount will result in hardship.
principal. Ordinance amended by the addition of the
at
end the following section thereof:- in-
proportionate
is
Variation of the original pro-,ment so that-
(a) if the recipient resides in! isions is also made to cover the same point as it would affect busi- the Colony for the whole of both years the assessable income shall to ness tax. the down into
Section 10 of the principal Or-be the income of the year pre- dinance is repealed and the fol-ceding the year of assessment;
is substituted
The (b) if the recipient resides section A report that three German lowing
in the Colony for the whole of only bomber therefor:- out of a
the preceding year, but 10-(1) The assessable income near a Midlands town is being in-1
tax for for a portion of the year of as-
sessment. the assessable vestigated by the police. A cor-chargeable to salaries
62. The Governor in Council don
immediately thrown any year of assessment shall be
come shall be a around the area and traffic on sur-computed, where practicable, bnj
fraction of the income of the may by Order exempt any per- from or institution 'he income of the recipient
son, office rounding roads stopped.-Reuter.
preceding year;. defined in section 9 for the year
of assess- (c) if the recipient resides in payment of the whole or preceding that year
the Colony for a portion of the portion of any tax chargeable.un- preceding year, but for the whole der this Ordinance.
the The Amendments effected
Ordin- of the year of assessment, assessable income shall be a pro- this Ordinance and by
in-ance No. 21 of 1940 shall operate portionate multiple of the
retrospectively to the commence- come of the preceding year;
(d) if the recipient resides ment of the principal Ordinance In the Colony for portion and any payment that may have only of each year the assess-been made in excess of the puy- able income shall be calculated ment authorised by the principal shall by increasing or decreasing Ordinance us so amended the Income of the previous be refunded.
Severe Attack
Later.
Few details of last night's air! raids can yet be pieced together, but it is plain that they were on an extensive scale.
ported that enemy raiders were
over.
There was far more anti-air- craft activity in the London area Three towns in Wales, two than on any previous night. The in South-West England, five in flash of bombs was regular and flashes were South-East England and seven several very big in the Midlands have all
re-seen. Reuter.
POWELL'S
ANNUAL
SUMMER
Sale!
COMMENCES TO-MORROW
Special attractions offered at this Sale will be in Men's Fur Felt Hats $9.75 in all sizes. Oddments in Shoes $9.75. Socks $1.45, $1.75 & $1.95. Hose from $3.75. Collars $1.00 dozen, also Shirts, Ties, Bathing Trunks, etc. Autumn & Winter Suits in most sizes $35.00.
Wm. POWELL, LTD.
Specialists in Gentlemen's Wear 10, ICE HOUSE STREET.
1
any
by
year so that it shall propor. Removing Obscurity
tionately represent the period
of residence during the year of assessment:
Special Cases
It is explained that the prin- cipal Ordinance, No. 13 of 1940, was drafted by a large Commit- tee as a substitute for Income measure not Tax and as a special (e) if the recipient does
additional revenue reside in the Colony during the for raising
Necessarily it year of assessment no assessment during the War.
Thad to be prepared against time shall be made for that year;
the
the
|
THE BOOMING VOLUNTEERS
Temporary buildings for the H.K.V.D:C. are to cost the Colony $111,500.
The original scheme of provid- ing completely new headquarters for the Hong Kong Volunteer De- fence Corps has been indefinitely postponed due to the lack of a convenient site,
To meet the more urgent needs of the Corps in consequence of Its greatly increased strength, it is necessary to provide temporary accommodation by the erection of wooden huts on the St, John's Place site.
Opportunity will also be taken to increase accommodation by re- constructional work at the exist- ing headquarters. The total cost of the scheme is now estimated at $111,500 and for the current fin- ancial year supplementary provi- sion of $71,500 is being sought in Finance Committee to-morrow.
STOP PRESS
(f) if the recipient resides into make it effective for the fin-
aancial year 1940-1941; but the Colony for the whole or portion of the year of assess-size of the Committee and ment, but with no income of the various interests and views they previous year on which to base represented as to the nature and a practicable assessment, a special incidence of the special new taxes assessment shall be made on the tended to obscure any clear deci-
The prefix "Special to telegrams to "Sunday Herald" and basis of the probable income of sion on details borrowed in part the recipient during the period from the acvenue Laws of other used by the
"China Mail" to Indicate, nows which of States and Colonies. of his residence in the year
This obscurity has arisen is strictly copyright under the prove ofisions of the Telecommunications Or assessment.
which dinance, 1938, and may not be reprint (2) For the purposes of this, especially in those portions
the principal Ordinance section-
wholly or in part, without prior ar- (a) absence from the Colony use the income or profits of the under any circumstances, either on leave pay or pension during year preceding the year of as-rangement.
to Income:
be sessment as a convenient statu- a year of assessment shall
the tory yard-stick for the computa- deemed to be residence in Colony unless the income pay-tion of the income or profits for
of the year preceding, to pay sa- able in respect of that leave pay the year of assessment.
It seems clear that the Com-laries tax on one year's income or pension is liable Tax in the United Kingdom or mittee did not intend the Ordin-or even on one and a half year's in any other part of the British ance to be retrospective in opera-income, instead of one-half of a
tion so as to raise taxes for the year's income. Empire;
by The amendments effected (b) any periods of temporary previous year, and it seems equal-
obscurities residence in the Colony not ex-ly clear that they did not intend clauses 3 and 5 of the Bill are ceeding in all three months dur-the-yard-stick of income or pro-intended to remove ing a year of assessment shall fits to be used also as a yard-and to restore what is believed not be regarded as residence in stick of residence so as to re-to have been the intention of the quire a person, who was in the War Revenue Committee in re- and to the Colony,
Section 18 of the principal Or-Colony for six months in a year lation to Salaries Tax
of assessment and for the whole Profits Tax. dinance is amended-
Business Tax
By the addition after sub-sec- tion (4) thereof of the following [new.sub-scetion:-
the
(5) Where; by reason of fact that any trade, profession or business has not been carried on during the whole or a sufficient portion of the year preceding the year of assessment; or where otherwise it is in the opinion of the Commissioner impracticable to make a reasonable computa- tion based on the profits during the year preceding the year of Jassessment, a special assessment
shall be made on the basis the probable profts during year of assessment.
of
the
Instalment Payments Section 46 of the principal Or- dinance is amended by.the" addi- tion of the following sub-section at the end thereof
(6)
Notwithstandingey-any
Power and Performance
RADIOS
TROPIC-PROOF
GENERAL ELECTRIC
MADE IN VIA
ANDERSEN, MEYER & CO., LTD.
SHOWROOM · DAVID HOUSE::67 DES VOEUX ROAD
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