SCOTTISH LAND VALUES TAXATION BILL.
LONDON, March 24. j la the House of Commons the Land , Values Taxation (Scotland) Bill, pro-j TJdin" for the separate valuation of sites j ud tie imposition of a rate not exceeding i 9/ in the £ on site values, has been read i =econd time by 319 to 61. It probslj be shelved for the session. (Received 9.28 ajn.) LOXDON, March 25. >: Times" condemns the Land Valuation Taxation (Scotland) Bill, and deciaies that such a campaign against pri- . rate property will kill the feu system of tenure in Scotland, the object of the bill yas to deprive owners of the unearned iaerement, yet the actual effect would is to tax people who did not enjoy the iaerement. and leave untaxed those who ! did- i [A feu in Scots law may be described a3 aright to the-use and enjoyment of lands, ionses. or other heritable ?ut>Jecrs, in perpetuity, in consideration of an annual ■ payment in money, grain, cattle, or ser- ! ri«s, called '"feu-duty," and certain other eoßtingent burdens called casualties of j superiority. For the present pwrposess, i however, it is only necessary to translate ; it by "perpetual lease."] _i i
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Auckland Star, Volume XXXVII, Issue 73, 26 March 1906, Page 5
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195SCOTTISH LAND VALUES TAXATION BILL. Auckland Star, Volume XXXVII, Issue 73, 26 March 1906, Page 5
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