Report of the Proceedings of the International Free Trade Congress London Augu
Report of the Proceedings of the International Free Trade Congress London Augu
England International Free Trade Congress 1st 1908 Lo
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The value of the site would be 20 per cent, at least, and that of the cost of building not insured, also nearly 10 per cent, of the total amount of insurance. Hence an addi- tional 30 per cent. , or, in round figures, 45 milliard marks would have to be added, and this would increase the total value of all buildings to 192 milliard marks. It is difficult to say how much of this is to be credited to public buildings, how much to business places, and how much to private Ill buildings; but it must,... however, be mentioned that neither the Empire nor most of the Federated States insure their buildings with the companies ; they insure themselves. The statistics of the Prussian income tax are also of little use to give an idea how much income is derived from house rents, and what is the rental value of houses occupied by the owners. Such a distinction, namely, is only made in the case of persons paying income tax on incomes of more than 3, 000 marks. Of the gross income of this class of taxpayers, amounting to the total value of 6, 038 million marks, only 768 million marks were derived from rents.
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