LEVY ON PROPERTY
COMPULSORY LOAN PLAN FINANCES OF ITALY (Elec. Tel. Copyright—United Press Assn.) (Rood. Oct. 6,2 p.m.) ROME, Oct. 5. The iiniinciul measures announced by .Signor Mussolini include practically a compulsory Joan to which owners of fixed properly will subscribe lo the extent of 5 per cent of the value of their property. They will also pay a special animal tax of 3.G0 lira on every ICOO lira worth of property possessed. Thus owners will be forced to buy bonds, and will then be taxed in order to pay themselves the interest on them. Signor Gaydti. describes the objects of the loan as tlie balancing of the Budget without, disturbing the money market with another State loan, and secondly to pay for the .Abyssinian war.
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Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 19138, 6 October 1936, Page 6
Word Count
126LEVY ON PROPERTY Poverty Bay Herald, Volume LXIII, Issue 19138, 6 October 1936, Page 6
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