QUEST FOR MORE REVENUE
TURNOVER TAX EXPLAINED.
(Renter's Telegram.)
_ ' PARIS, 27th March. J.he Finance Committee of the Chamber of Deputies agreed to new taxation yielding an estimated revenue of 1380 million francs, including a profits tax from the conveyance of real property, an increased tax on tfio sale of businesses, and doubling the turnover tax on firms whose figures exceed one million francs. It» understood tuat the Finance Minister is willing to accept a compromise proposal to maKe up the remaining deficit of over a milliard francs by a general turnover tax exclusively confined to wholesalers and middlemen.
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Bibliographic details
Evening Post, Volume CXI, Issue 75, 29 March 1926, Page 9
Word Count
98QUEST FOR MORE REVENUE Evening Post, Volume CXI, Issue 75, 29 March 1926, Page 9
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