CO129-615-2 Income tax 10-3-1947 - 6-2-1948 — Page 14

do not

think that

we should try to wfuet 3

the position, expecially

animadverted

C

there is

مسل

an

the B.I.R. have not

the point. On the other hand

mr. Serpell is print

manifestly inequitable that the man with

investments

in

it is

the Colony should hay (local)

while the man with investments

tax

on them

antride the Colony. hap

no

(local) tax in

I should like a

copy of the Ordiname, please.

them. If the rates of Hay King tax were

heavy this might

even

encourage investment

intride the Colony, which presumably would

not be welcome.

However, & ndoft much

basis for individuals ent not for companies

would

no doubt lead to all sorts

complications If it were withable at

of

الله

& be

and I think that there is nothing said for frening the point until Ilong

King

مها

I see no

got

med to income tax, though

rearm why, as you ingqut.

hould not take note

in Gizing the Ordinance.

.S.

On the by

we

1

the scomported print

J.s. Reanall,

10/11

い

print made en m. Gilbert in para.

of (30), there is no

In rome Colmies the

unqualified, ent qualificatiom

that

ނ

am

should

mr.

consistent Colonial fracture.

herver to exempt in

most there is

meme much

Gilbert ingquts. I agree

raise the point.