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GRADUATED INCOME TAX.

APPROVED BY RUSSIAN

GOVERNMENT,

(Received 5.6 a.m.)

ST. PETERSBURG, November 8. The Russian Council of Ministers has expressed its approval of the introduction of graduated land tax, which is calculated to produce from 2* to 4 millions sterling a year. Incomes of under one thousand roubles (£100) a year are I exempt, while those of or over that sum will pay one per cent for each one j thousand roubl.s up to thirty thousand i (£300) ; of and above that amount four per cent; and of or over 100.000 roubles £10,000) five per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19061109.2.56.13

Bibliographic details

Auckland Star, Volume XXXVII, Issue 262, 9 November 1906, Page 5

Word Count
97

GRADUATED INCOME TAX. Auckland Star, Volume XXXVII, Issue 262, 9 November 1906, Page 5

GRADUATED INCOME TAX. Auckland Star, Volume XXXVII, Issue 262, 9 November 1906, Page 5