с
37 30.
432 SEC.
SECRETARIES' OFFICE,
INLAND REVENUE,
SOMERSET HOUSE, LONDON, W.C.2.
2.2015/45/46
Your ref.: 54307/47-
Dear Palmer
27th October, 1947.
(21).
Re-alt bekind.
(18)
18
I am sorry for the delay in replying to your letter of 26th June, in which you invite the Board of Inland Revenue to comment on the provisions of Hong Kong Ordinance No. 20 of 1947 entitled "The Inland Revenue Ordinance 1947".
I am returning the documents enclosed ith your letter; in due course perhaps you will send us a copy of the Ordinance and one copy of each of the following:-
(18) (1) The Governor's letter of 16th May, 1947, described
as No. 123; and
(2) The summary (described as Enclosure No. 5, prepared by Pudney to show the principal variations
x
between the Ordinance as finally enacted and the original Bill ärafted in London.
When Pudney was over here, he convinced us that it would be useless to attempt to enact an Ordinance on the lines of the Income Tax Model Ordinance straight away, and the Governor's aston of loth May indicates that strong opposition has been encountered in imposing the present limited form and modest scale of direct taxation. Accordingly, it would be a waste of time to comment on the variations between the pattern of the Hong Kong Ordinance and the Colonial Model Ürdinance. We congratulate Pudney on his success. The enactment of the personal assessment option in Chapter VII is a notable achievement, and when its advantages are realised by Hong Kong taxpayers they may readily accept a change in the law to the Model Ordinance pattern.
H. Palmer, Esq.
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