Report On the Financial Condition of Turkey
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11 This tax is farmed, and is levied on the ad valorem principle, as follows : — Value per Oke.
Duty.
Below 7^ piastres .
Htol5 Above 15 „ 1^ piastres.
3 „ 6 „ u Ju^ duty is taken by the farmer of the tax (as stated in the Government regulation) 'on the purchase of the tobacco by tradesmen or merchants for the purpose of being sold in shops or warehouses." With respect to this tax, the remark is obvious, that in a country containing a popu- lation of 25,000,000 at the least, and in which most m...en, and a great many women, smoke mcessantly, 205,000?. is a very small sum to derive froni an article which in England, France, and other European countries yields miUions to the Treasury, and which is universally recognized as one of the very fittest subjects for taxation.
It must be remembered, however, that in Turkey there is no possible mode of drawing any large revenue from the home consumption of this article, but by means of a monopoly or an internal duty, since the tobacco consumed in Turkey is chiefly of native growth.
What to read after Report On the Financial Condition of Turkey?
You can find similar books in the "Read Also" column, or choose other free books by Hobart, Vere Henry, Lord to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
11 This tax is farmed, and is levied on the ad valorem principle, as follows : — Value per Oke.
Duty.
Below 7^ piastres .
Htol5 Above 15 „ 1^ piastres.
3 „ 6 „ u Ju^ duty is taken by the farmer of the tax (as stated in the Government regulation) 'on the purchase of the tobacco by tradesmen or merchants for the purpose of being sold in shops or warehouses." With respect to this tax, the remark is obvious, that in a country containing a popu- lation of 25,000,000 at the least, and in which most m...en, and a great many women, smoke mcessantly, 205,000?. is a very small sum to derive froni an article which in England, France, and other European countries yields miUions to the Treasury, and which is universally recognized as one of the very fittest subjects for taxation.
It must be remembered, however, that in Turkey there is no possible mode of drawing any large revenue from the home consumption of this article, but by means of a monopoly or an internal duty, since the tobacco consumed in Turkey is chiefly of native growth.
What to read after Report On the Financial Condition of Turkey?
You can find similar books in the "Read Also" column, or choose other free books by Hobart, Vere Henry, Lord to read onlineMoreLess
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