SHANGHAI TAXATION
A JAPANESE PROTEST By Cable.—Press Association.—Copyright SHANGHAI, Tuesday. The owners of the Japanese mill in Shanghai are alarmed at the Nationalists’ contemplated tax of 12 percent. on manufactured goods, to come into force on September 1. The revenue from the tax is estimated at about £1,400,000. At a meeting of protest it was decided to send the director-general of the Japanese Cotton Mill Owners’ Association to Japan to confer with the Government. The mill owners are determined that if the Chinese authorities insist upon levying the tax they will suspend work en bloc. This would render idle 60,000 Chinese labourers.—A. and N.Z.
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Bibliographic details
Sun (Auckland), Volume I, Issue 120, 11 August 1927, Page 1
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104SHANGHAI TAXATION Sun (Auckland), Volume I, Issue 120, 11 August 1927, Page 1
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