CO129-589-12 War Revenue Ordinance 1941 8-5-1941 - 19-6-1941 — Page 15

(*5972—130) Wt. 19406-96 5,000 7/40 T.S. 695

C. O.

Mr. Monsen

17:1.41.

Str. Sir S. Chromes 18/11/41

Mr.

Gear 18

Sir A. Burns.

Mr. G. L. M. Clauson.

Mr. C. J. Jeffries.

DRAFT.

HONG KON

NO.

TH

GOVERNOR,

satt.

54000/1.

13.15

Mr. A. J. Dawe.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

si,

Downing Street,

21

Novembe 1941.

2

FURTHER ACTION.

ION.

Com

12. ft BIR.

11940 pl 7443.06./19

With reference to

Sir Geoffry Northcoto's despatch

No. 147 of the 3rd July, I have str

to inform you that the power of

dicello wanae will not be erogaina

in respect of Ordinance No. 13

1941 er titled "The The R

·NP. 2.

Ordinance 1941", In 201

itr

this Ordinance I was interested to

read in the Official Report of the

• proceedings of the Legislative

Council for the 26th June 1941 of

Sir Geoffry Northcoto's intention

to appoint a Committe to consider

the advisability of replasing in the

financial year 1942/43 the far revenu

taxes by an income tax supplemented

possibly by an excess profita tax:

or alternatively, if that proved

undesirable, of developing the rate

scale of the Yer Revenue Ordinance

so to tex higher profits of

e-larios recording to their full

ability to pay. I should held bo