Janus in Modern Life
Janus in Modern Life
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In our eReader you can find the full English version of the book. Read Janus in Modern Life Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Janus in Modern Life
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In the pound is practically a tax on all English enterprise as compared with foreign. If a mill can be run at Calais to produce non-dutiable articles, free of income tax on its dividends, while a mill at Dover pays 5 per cent, tax on its dividends, that constitutes a discrimination o#5 per cent, against the English manufacturer's capital. The outcome of the whole is that all shares of English companies will stand permanently at 5 per cent, lower value than the shares of foreign companies. Or in... other words £4 interest will have to be paid by an English company JANUS IN MODERN LIFE.
for ^95 raised by debenture, while the foreign com- pany wiU raise £ ioo for the same interest. The immediate result is that investments will increa- be made in fo i e g a g : • ernments and companies, whose dividends are payable afooady instead of in London. This is not merely an evasion of tax, but it is per- fectly legal if the dividends are spent abroad. N o one need pay tax on any cost of foreign travel or residence if they draw the money from foreign sources, and do not let it be trapped in London.
What to read after Janus in Modern Life?
You can find similar books in the "Read Also" column, or choose other free books by W M Flinders William Matthew Flinders Petrie to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the pound is practically a tax on all English enterprise as compared with foreign. If a mill can be run at Calais to produce non-dutiable articles, free of income tax on its dividends, while a mill at Dover pays 5 per cent, tax on its dividends, that constitutes a discrimination o#5 per cent, against the English manufacturer's capital. The outcome of the whole is that all shares of English companies will stand permanently at 5 per cent, lower value than the shares of foreign companies. Or in... other words £4 interest will have to be paid by an English company JANUS IN MODERN LIFE.
for ^95 raised by debenture, while the foreign com- pany wiU raise £ ioo for the same interest. The immediate result is that investments will increa- be made in fo i e g a g : • ernments and companies, whose dividends are payable afooady instead of in London. This is not merely an evasion of tax, but it is per- fectly legal if the dividends are spent abroad. N o one need pay tax on any cost of foreign travel or residence if they draw the money from foreign sources, and do not let it be trapped in London.
What to read after Janus in Modern Life?
You can find similar books in the "Read Also" column, or choose other free books by W M Flinders William Matthew Flinders Petrie to read onlineMoreLess
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