The- -city. of. Cologne has started an "uncarnedi. iiwremeufc. tax" .upon a novel principle. Upon any transfer of. property within .tliie city, the .increment; in v&lue as compared witli. the prevjous transfer:' i» calculated, ; and 6> proportion. of the, increase will have to be 'paid-!. to the citv authorities. . Apparently, the' .city. ' will 1 claim about one-fifth: of the increase. So. long as the ownership" dtoes. not cliange the tax is uat denvuvded', but upon sale, or transfer at &>ath,' the amount will be claimed. Will iiot' t-lial tend; to check transfers of property in Cologne? '
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Bibliographic details
Poverty Bay Herald, Volume XXXII, Issue 10302, 9 March 1905, Page 2
Word Count
96Untitled Poverty Bay Herald, Volume XXXII, Issue 10302, 9 March 1905, Page 2
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