Report of Committee Appointed by Halifax Merchants' Tax Reform Association in Re Assessment: Halifax, N. S., November 30th, 1891 (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Report of Committee Appointed by Halifax Merchants' Tax Reform Association in Re Assessment: Halifax, N. S., November 30th, 1891

This system modified to suit the requirements of Halifax, your Committee has decided to recommend.

In order to prevent an unfair share of the burden being thrown upon real estate, it is necessary that the maximum rate upon it should be fixed. In Montreal it is so fixed at one and a quarter per cent. Upon its actual cash value. The present rate in Halifax is per cent. Your Committee recommend that the rate on real estate be fixed not to exceed But while that is the maximum they hope that under the proposed system the present rate would not be exceeded and might very probably be reduced. The Committee have made care ful inquiries as to the amount and value of property now occupied by persons engaged in business with a view to fixing a maximum rate of business tax. As the result of these inquiries, your Committee have concluded that a maximum rate of ten per cent. Upon the annual rent or yearly value will be sufficient.

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