CO129-582-7 Taxation 6-6-1939 - 5-2-1940 — Page 14

18 fondas 22 cont

13 t you

Copy is

of

for reference only

achon is being

taken on Ecourse

file was.

tel. 325 Sevel:

14

2.10.39

Submits proposals for control of imports & exports.

(13) contains the proposals for additional

taxation foreshadowed in (12) rapparently

い $1,000,000 pa. (1

expected to yield

аввите

is meant)

year of 12 not 's month's The Gov. does not

he wants to

cann

These proposals

معله

San

51

through next Thursday ales, lassume They can be considered at greater leisure

The Economic file relating to import control. The material for considering them is not available here.

112) Basic (tre war) estimates for 1940/41

Reverne at $50,000,000

$40,000,000 in

would be

12-month year,

as

against $351/4 million estimated for

1939.

Revenue has so for been about 9% only above the estimate, so that $50 millions for 1940/41 appears undul, optimistic even before the was. The Gou, recoginis. es that in was time there may be a diminution of existing Soureas. Recurrent expire. @ $ 74 /1⁄2 million would be $35.6 million in

12-month year, as against $36.06 estimated for 1939.

P.W. Extraordinary @ :$3/1⁄2 million would be $2.8 million for 12 months. The original estimate for 639

I was