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DEATH DUTIES.

A RECIPROCAL ARRANGEMENT.

London, June 22. Sir W. Harcourt said that when the colonies charged estate duty, the anaotunt would be deducted when a similar abatement was conceded to Great Britain. He also explained that property in the colonies liable to other taxation would be exempted from the estate duties. The M Timea " says ib will be surprised if the concession maae by Sir W. Harcourt disarms the resentment of the colonies. As the master now stands, the original demand is enforced unless valuable consideration is paid for its removal. It also regrets Sir W. Harcourt:e attempb-.to secure reciprocity on the cheap. Sir Wm. Harcourt said lhe did nob propose to collect taxes in the colonies, but to collect) from British executors duties on assets under their control. No deduction would be granted to foreign^ countries. The " Times " advisee colonies to look narrowly at the Chancellor's proposed reciprocity. It does nob remove the sting of assert the- right) to impose taxation on them.

Professor Dicey contends that the domicile is oho of the worse tests of the'liability to taxation. He says the colonies have a real grievance, and are now learn ing1', to act unitedly against Great Britain.*

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18940623.2.39.3

Bibliographic details

Auckland Star, Volume XXV, Issue 149, 23 June 1894, Page 5

Word Count
200

DEATH DUTIES. Auckland Star, Volume XXV, Issue 149, 23 June 1894, Page 5

DEATH DUTIES. Auckland Star, Volume XXV, Issue 149, 23 June 1894, Page 5

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